Monday July 6th is the last day of action for many of the trading pits at the Chicago Board of Trade. The S&P futures and options pits will remain open, but the rest of the pits at the nation’s oldest futures exchange are going dark as more trading moves online.
Monday July 6th is the last day of open outcry trading in many of the trading pits at the Chicago Board of Trade. In this interview with NYU cultural anthropologist Caitlin Zaloom, we take an anthropological look at the pits and ask the question: Why did Chicago come to define futures trading? Zaloom is Associate Professor of Social and Cultural Analysis at New York University.
The City of Chicago made a $640 million pension payment to CPS, then turned around and borrowed $500 million to avoid more cuts. Ralph Martire of the Center for Tax and Budget Accountability talks about the plan, and what it means going forward
The Forth of July weekend in 2014 was filled with violence here in Chicago. Multiple groups are deploying regular people this year to some of the most affected neighborhoods in an effort to stem a repeat.
Before it all moved out to Hollywood, the epicenter for American moviemaking was right here in the Windy City. The history is in the new book Flickering Empire: How Chicago Inventented the U.S. Film Industry.