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

Chicago Business News - Money, Financial & Corporate News

Tuesday, Nov 28, 2017 at 12:28 AM CST

How Trump's Pick to Lead Fed Could Differ From Today's Chair

How Trump's Pick to Lead Fed Could Differ From Today's Chair

Jerome Powell's confirmation to be chairman of the Federal Reserve is considered all but certain. Yet when a Senate committee holds a hearing Tuesday on Powell's nomination, one question will hover above the...

Monday, Nov 27, 2017 at 06:33 PM CST

Facebook Turns to AI to Help Prevent Suicides

Facebook Turns to AI to Help Prevent Suicides

Facebook is turning to artificial intelligence to detect if someone might be contemplating suicide. Facebook already has mechanisms for flagging posts from people thinking about harming themselves. The new...

Monday, Nov 27, 2017 at 06:37 PM CST

Black Friday Gun Background Checks Break Records

Black Friday Gun Background Checks Break Records

Fear of a crackdown following recent massacres in Las Vegas and Texas appears to be one of the reasons Black Friday was a banner day for gun buyers, with the FBI reporting a record 203,086 background checks for...

Tuesday, Nov 28, 2017 at 01:13 PM CST

Effort to Oust Trump Name, Management in Luxury Panama Hotel

Effort to Oust Trump Name, Management in Luxury Panama Hotel

Owners of the Trump International Hotel in Panama are working to strip President Donald Trump's name from the 70-story building and fire the hotel management company run by Trump's family. The property once paid...

Monday, Nov 27, 2017 at 01:27 PM CST

Meredith Buying Time Inc. With Boost From Koch

Meredith Buying Time Inc. With Boost From Koch

Magazine and broadcasting company Meredith is buying magazine publisher Time for about $1.8 billion, with help from the billionaire Koch brothers, to bulk up on readers as the publishing industry navigates...

Friday, Nov 24, 2017 at 10:36 PM CST

Macy's Says It's Fixed Gift, Credit Card Issue

Macy's Says It's Fixed Gift, Credit Card Issue

Macy's says it has "fully resolved" problems on Black Friday related to its processing some gift and credit cards. The chain blamed the glitch on "overcapacity" that caused some transactions to take longer to...

Friday, Nov 24, 2017 at 11:05 PM CST

Retailers Work to Attract Shoppers to Stores on Black Friday

Retailers Work to Attract Shoppers to Stores on Black Friday

Retailers worked hard to attract shoppers to stores on Black Friday, offering in-person deals meant to counter the ease of shopping by phone on Amazon. A better economy and colder weather helped, to be sure....

Friday, Nov 24, 2017 at 04:58 PM CST

Lines Down NYC Street for Pornhub's Fashion Store Opening

Lines Down NYC Street for Pornhub's Fashion Store Opening

New York's Wooster Street is home to some of the world's most coveted luxury fashion brands. But a line down the street on Friday wasn't to get into Moschino or Céline; it was for the fashion pop-up store of...

Friday, Nov 24, 2017 at 08:14 PM CST

Consumer Watchdog Head Names a Successor, and Trump Does Too

Consumer Watchdog Head Names a Successor, and Trump Does Too

The director of the Consumer Financial Protection Bureau resigned Friday and named his own successor, leading to an open conflict with President Donald Trump — who announced a different person as acting head of...

Friday, Nov 24, 2017 at 10:20 PM CST

Popular YouTube Videos May Have Psychologically Harmed Kids

Popular YouTube Videos May Have Psychologically Harmed Kids

“Toy Freaks,” a popular YouTube channel followed by millions, was deactivated by the site last week for violating policies against child endangerment, NBC News reports. The channel, run by single father Gregory...

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