Chicago

Chicago News

• U.S. Stocks Retreat After S&P 500 Rises

  Updated 12 minutes ago

  U.S. stocks retreated amid concern that a rally in the Standard & Poor’s 500 Index to an almost four-year high has outpaced global growth prospects.

• Temperatures May Rise Across U.S. by Mid-March, Forecasts Say

  Updated 41 minutes ago

  The eastern U.S. and Canada are expected to be warmer-than-normal for this time of year by mid- March, with high temperatures near 60 degrees Fahrenheit (15.5 Celsius) in Chicago and Philadelphia, forecasters said.

• Wheat Futures Called Lower as Rain Aids U.S. Crop; Corn, Soy May Decline

  Updated 51 minutes ago

  What follows are opening calls for U.S. grain and oilseed markets.

• 

  Cash Hoard Expands by $187 Billion in Untaxed Offshore Corporate Accounts

  Updated 1 hour, 9 minutes ago

  U.S. companies led by General Electric Co. and Pfizer Inc. stockpiled an additional $187 billion in untaxed overseas profits over the past year, boosting their offshore holdings by 18.4 percent, according to data compiled by Bloomberg.

• Global Exchange-Traded Derivatives Volume Climbed 11% in 2011

  Updated 1 hour, 21 minutes ago

  Exchange-traded derivatives changed hands more than 24 billion times last year, with trading fueled by concern that the global economy was weakening.

• 

  MF Criminal Probe Slows After Quick Start

  Updated 29 minutes ago

  U.S. investigators of bankrupt MF Global Holdings Ltd. have yet to determine after four months of probing whether enough evidence exists to pursue a criminal case, a person with knowledge of the matter said.

• Tornadoes, Flooding Rain May Rake Much of Eastern U.S. Today

  Updated 2 hours, 21 minutes ago

  Hail, flooding rain and tornadoes may crash through the Ohio Valley into the South today, while a threat of severe storms extends from Louisiana to upstate New York, according to the National Weather Service.

• Soybeans Set for Third Weekly Advance on Rising U.S. Exports, Drought Woes

  Updated 1 hour, 21 minutes ago

  Soybeans headed for a third week of gains as demand for U.S. supplies rose and drought threatened to curb South American crops.

• 

  U.S. Housing Lays Foundation for Recovery

  Updated 13 minutes ago

  Dan Kowalyshyn figures he owes about $200,000 more than what his four-bedroom house is worth today. It faces a cul-de-sac where three of the six homes have been lost to foreclosure since his $570,000 purchase in 2006.

• Criminal Libor Probe Cited by U.S. Judge in Denial of Access to Documents

  Investors suing Credit Suisse Group AG, Bank of America Corp. and other companies over claims they artificially suppressed Libor lost a bid for some documents related to a U.S. Justice Department investigation.

Chicago Photos

Related Topics

• 

  New York

• 

  Michigan

• 

  Washington

• 

  Bill Gross

Most Popular on Bloomberg

• U.S. Stocks Retreat After S&P 500 Rises

• EU Leaders Shift Crisis Focus to Growth

• Morgan Stanley Exec Charged With Hate Crime

• Buffett’s Insurance Growth Engine May Stall

• Oceans Acidifying Fastest in 300 Million Years

Chicago Videos

Audio

• Booth’s Kroszner Says Economy ‘Coming Back’ (Audio)

• Bianco Discusses Credit Default Swap Market, Greece

• Harris’s Herro Is Buying Japanese Equities (Audio)

• Mesirow’s Swonk Sees ‘Improvement’ in Job Market

• Tech Law: The Hidden Dangers of 'Liking' on Faceboo