×

Top News & Analysis Illinois

  • NEW YORK, March 28- Wall Street followed gains in stocks globally on Tuesday after U.S. consumer confidence soared to a more than 16- year high, while the U.S. dollar bounced from a four-month low to post its best day in nearly a month. On Wall Street, cyclical sectors led the way higher after the strong consumer confidence data boosted investor views that the U.S....

  • *Trade awaits USDA plantings and stocks reports due Friday. Chicago Board of Trade May wheat settled up 3-3/ 4 cents at $4.24-1/ 2 per bushel. CBOT May corn ended up 2 cents at $3.57-3/ 4 a bushel and May soybeans rose 1/ 2 cent at $9.72 a bushel.

  • *U.S. consumer confidence hits 16- year high. March 28- U.S. stocks ended sharply higher on Tuesday, with financial and energy shares surging as data showed U.S. consumer confidence soaring to a more than 16- year high. The S&P 500' s best day in nearly two weeks came after a record-setting rally for stocks in the wake of President Donald Trump's election in November...

  • NEW YORK, March 28- U.S. Lou Brien, market strategist at DRW Trading in Chicago, said gains in the U.S. stock market and the strong consumer confidence data turned the corner for Treasury debt yields. "This is an impressive gain... and a notable disconnect with 10- year yields under 2.38 percent, but it surely reflects the ongoing bid for equities," said Ian Lyngen, head of...

  • NEW YORK, March 28- U.S. Lou Brien, market strategist at DRW Trading in Chicago, said gains in the U.S. stock market and the strong consumer confidence data turned the corner for Treasury debt yields. "This is an impressive gain... and a notable disconnect with 10- year yields under 2.38 percent, but it surely reflects the ongoing bid for equities," said Ian Lyngen, head of...

  • NEW YORK— In a story March 22 about the impact of a warmer winter on small businesses, The Associated Press misidentified a Fremont, New Hampshire, company that promotes snowmobile races. Its name is Rock Maple Racing, not Maple Rock Racing. NEW YORK— The big snowstorm in the U.S.

  • AUSTIN, Texas— Budget woes in Texas caused by a prolonged oil slump would be patched with cuts to higher education, kicking the can down the road on growing Medicaid and rebuffing priorities of Republican Gov. But booming Texas is still belt-tightening in the wake of sagging energy prices. The $106.3 billion package, approved 31-0, doesn't fully fund future...

  • Bruce Rauner's administration said the delay reflects the challenges Illinois and other states have faced since turning some lottery operations over to the private sector. Indiana and New Jersey also hired private managers after Illinois in 2010 became the first state to do so. A replacement firm for Illinois was supposed to have been hired by Jan. 1 under a...

  • Dec. 2014— Dallas- based Energy Transfer Partners applies to the federal government to build the 1,200- mile Dakota Access pipeline to carry North Dakota oil through the Dakotas and Iowa to an existing pipeline in Illinois. The proposed route skirts the Standing Rock Sioux tribe's reservation and crosses under Lake Oahe, a Missouri River reservoir in North...

  • March 28- U.S. stocks posted sharp gains on Tuesday, with bank and energy stocks surging, as data showed U.S. consumer confidence soaring to a more than 16- year high. U.S. equities have surged to record highs in the wake of President Donald Trump's election in November, but the rally had stalled this month. The data "underscore what has been going on really in this whole...

  • *Gold resistance around $1,260, near the 200- day moving average. NEW YORK/ LONDON, March 28- Gold prices turned lower on Tuesday, after nearing the prior session's one-month high, as the U.S. dollar, Treasury yields and stock markets extended gains. "We saw investors cycle out of gold but back into equity markets," said Phillip Streible, senior commodities broker for...

  • *Trade awaits USDA plantings and stocks reports due Friday. As of 12:38 p.m. CDT, Chicago Board of Trade May wheat was up 3-1/ 4 cents at $4.24 per bushel. CBOT May corn was up 1 cent at $3.56-3/ 4 a bushel and May soybeans were steady at $9.71-1/ 2 a bushel.

  • March 28- International offshore driller Ocean RIG UDW Inc filed for Chapter 15 bankruptcy protection in a U.S. court late Monday, hit by cancellations as major oil producing customers withdrew from deep water projects amid falling oil prices. The Cayman Islands holding company, which spent heavily on new drill ships earlier in the decade, said lower oil prices...

  • An American Indian activist accused of inciting a riot during protests against the Dakota Access oil pipeline in North Dakota has pleaded not guilty. Iron Eyes and 73 others were arrested Feb. 1 after setting up teepees on land that authorities say is owned by pipeline developer Energy Transfer Partners. Texas- based developer Energy Transfer Partners said...

  • NEW YORK, March 28- Callan Olive is about as adult as you can get for a 26- year-old. She and her husband, Isaac, who is also 26, own a house near Chicago where they live with their 4- year-old, 2- year-old and newborn. There are 4.75 million more 26- year-olds like the Olives out there right now, which makes young adults born in 1990 the largest single age group in the United...

  • *Samsung to unveil Galaxy S8 smartphone in New York on Weds. SEOUL, March 28- After the damaging recall of its fire-prone Note 7 smartphone, you could be forgiven for thinking Samsung Electronics Co Ltd would make a song and dance about battery safety in its new flagship phones, due to be launched in the United States on Wednesday. "If you talk about safety, it...

  • CHICAGO— Grain futures were higher Tuesday in early trading on the Chicago Board of Trade. Wheat for May delivery was 4 cents higher at $4.2460 a bushel; May corn was up 2.20 cents at $3.58 a bushel; May oats was down 2.40 cents at $2.38 a bushel while May soybeans gained 2 cents to $9.7340 a bushel. April live cattle was. 48 cent higher at $1.2155 a pound; March feeder...

  • NEW YORK, March 28- Callan Olive is about as adult as you can get for a 26- year-old. She and her husband, Isaac, who is also 26, own a house near Chicago where they live with their 4- year-old, 2- year-old and newborn. There are 4.75 million more 26- year-olds like the Olives out there right now, which makes young adults born in 1990 the largest single age group in the United...

  • WASHINGTON— The fundamentals of tax overhaul were strong some 30 years ago. A popular president, Republican Ronald Reagan, pushed the landmark 1986 measure. Republicans who control all of Washington are planning on going it alone, without help from Democrats.

  • The comments come after Texas- based developer Energy Transfer Partners said Monday that it has placed oil in a section of the pipeline under a Missouri River reservoir that's upstream from the Standing Rock Indian Reservation in North Dakota. It was the final piece of construction for a pipeline that will carry crude from western North Dakota's Bakken oil...