Chicago Business News - Money, Financial & Corporate News | NBC Chicago

Chicago Business News - Money, Financial & Corporate News

Monday, Feb 12, 2018 at 05:51 PM CST

Amazon to Lay Off 'Small' Number of People in Seattle

Amazon to Lay Off 'Small' Number of People in Seattle

After a ramp-up of hiring last year, Amazon says it will cut a "small" number of positions at its Seattle headquarters. The company did not give an exact number, but The Seattle Times, citing a person familiar...

Monday, Feb 12, 2018 at 04:32 PM CST

Stocks Power Higher After a Dreadful Week; Dow Jumps 410

Stocks Power Higher After a Dreadful Week; Dow Jumps 410

Stocks powered higher Monday, sending the Dow Jones industrial average up 410 points, as the market clawed back more of its massive losses from the previous two weeks. Apple jumped 4 percent and led a rally in...

Monday, Feb 12, 2018 at 11:02 AM CST

Trump's $4.4T Budget Helps Move Deficit Sharply Higher

Trump's $4.4T Budget Helps Move Deficit Sharply Higher

President Donald Trump unveiled a $4.4 trillion budget for next year that heralds an era of $1 trillion-plus federal deficits and — unlike the plan he released last year — never comes close to promising a...

Friday, Feb 9, 2018 at 03:39 PM CST

Dow Bounces More Than 300 Points Friday

Dow Bounces More Than 300 Points Friday

The Dow Jones industrial average rebounded more than 300 points Friday, paring deep losses for investors in what still amounted to the worst week in two years. The Dow ended the day up 330.44 points, or 1.38...

Tuesday, May 8, 2012 at 09:08 AM CDT

$martMoney

NBC Chicago's series at helping you better manage your money and keep more of it in your pocket.

Wednesday, Feb 7, 2018 at 12:11 AM CST

Macy's to Launch Clothing Line Geared Toward Muslims

Macy's to Launch Clothing Line Geared Toward Muslims

Macy's is launching a women's clothing line aimed at Muslim shoppers. The department store chain says it teamed up with a boutique called Verona Collection and plans to sell the collection of modest dresses,...

Wednesday, Feb 7, 2018 at 11:33 PM CST

Back to Earth: Tesla's Losses Grow on Model 3 Delays

Back to Earth: Tesla's Losses Grow on Model 3 Delays

The day after Tesla and SpaceX CEO Elon Musk blasted his Tesla Roadster into space, his electric car company's mounting losses brought him back to Earth again. Tesla Inc. posted a record quarterly net loss...

Wednesday, Feb 7, 2018 at 03:08 PM CST

Toys R Us Begins Liquidation Sales Ahead of Store Closings

Toys R Us Begins Liquidation Sales Ahead of Store Closings

Bankrupt Toys R Us has received court approval to move forward with its plans to shutter about 180 stores, under both the Toys R Us and Babies R Us banners, across the U.S. The liquidation sales at those...

Wednesday, Feb 7, 2018 at 03:22 PM CST

Stock Indexes End Lower After Wobbly Day

Stock Indexes End Lower After Wobbly Day

Stocks closed lower on Wednesday after trading in a wide range again as interest rates climbed back toward multi-year highs, CNBC reported. The S&P 500 pulled back 0.5 percent to 2,681.66 after rising as...

Wednesday, Feb 7, 2018 at 04:35 AM CST

More Americans Hold Stocks, for Better Or for Worse

More Americans Hold Stocks, for Better Or for Worse

A plunge in stock prices always stings, but this recent one dug deeper because more Americans are participating in the market, particularly older ones. Slightly more than half of all U.S. families own stocks in...

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