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What are carry trades and how did they contribute to this week’s global market mayhem?
Aug 06, 2024 12:48 pm - BANGKOK — The mayhem that swept across world markets this week was partly caused by a market strategy known as the “carry trade.” Japan’s benchmark Nikkei 225 plunged 12...
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Elon Musk’s X sues advertisers over alleged ‘massive advertiser boycott’ after Twitter takeover
Aug 06, 2024 12:37 pm - WICHITA FALLS, Tex. — Elon Musk's social media platform X has sued a group of advertisers, alleging that a “massive advertiser boycott” deprived the company of billions o...
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DuPage Forest Preserve District moves to buy horse farm near Wheaton for $12 millionAug 06, 2024 10:50 am - The Danada Equestrian Center and the neighboring Gladstone Ridge farm have brought generations of horse lovers to the south side of Wheaton. After several stalled attempts through the years, Danada’s owner — the Forest Preserve District of DuPage County — is now on track to buy the pastoral property to its east.
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A ‘Textbook Turnaround Tuesday’ doesn’t mean meltdown is over
Aug 06, 2024 7:53 am - It’s an old cliché but the phenomenon known as Turnaround Tuesday — when markets rebound from a sell-off at the start of the week — is an opportunity that shows up time a...
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Arlington Heights Ford gets zoning approval to allow work on fleet vehiclesAug 05, 2024 9:37 pm - A Ford dealership on the north side of Arlington Heights will begin doing large-scale auto repairs — from Amazon trucks to Pace buses — as part of an expansion of its property.
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‘Everything was gone’: Burglars tunnel through stores to steal $1.5M in jewelry from WoodfieldAug 05, 2024 9:22 pm - In what appeared to be a calculated crime, burglars cut through the walls of multiple stores overnight to get into Marquise Jewelry in Schaumburg and steal merchandise worth $1.5 million.
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Winfield considering second major apartment development in downtownAug 05, 2024 5:49 pm - Winfield trustees will soon vote to approve preliminary plans for a second major apartment development in the downtown in recent years. Synergy Construction Group has pro...
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Contract approvals expected for additional roundabouts, trails in Lake County’s road planAug 05, 2024 4:53 pm - Another batch of big road and trail projects have been recommended for approval and are expected to proceed in various parts of Lake County.
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Google illegally maintains monopoly over internet search, judge rules
Aug 05, 2024 2:54 pm - WASHINGTON — A judge on Monday ruled that Google's ubiquitous search engine has been illegally exploiting its dominance to squash competition and stifle innovation in a s...
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Couple’s growing business ventures all about getting people on the water, or the waterfront
Aug 05, 2024 1:41 pm - Dillon Streit started snapping up retro boats about six years ago — an idea his wife, Michelle Streit, wasn’t quite so sure about. “I thought they were cool, but what are...