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  1. April 8, 2014

    Illinois legislature passes Chicago pension fund reform

    The Illinois legislature has passed a plan to overhaul two of the funds in the Chicago pension system, by far the most...

  2. The World

    February 28, 2014

    'Tanks or Cars': Why Krugman is missing the point on trade deals

    Paul Krugman joins the heated debate over the Trans-Pacific Partnership trade negotiations with a column on Friday that...

  1. February 14, 2014

    Rahm Emanuel: Mayor America

    Rahm Emanuel When Rahm Emanuel became mayor of Chicago in 2011, he proclaimed: “I will not be a patient mayor.” It was an...

  2. January 10, 2014

    America’s Midwest defrosts after a week in the ‘polar vortex’

    There were ducks, swans and sea lions, even a one-winged bald eagle – all outside and braving the extraordinary cold at the...

  3. December 29, 2013

    US public finance: Day of reckoning

    Since the start of this school year, Annie Stoball has been walking her nine-year-old granddaughter Kayla across four blocks...

  4. May 17, 2013

    Jamie Dimon, the last king of Wall Street

    Jamie Dimon might as well be dead, such is the rush of eulogies from corporate titans. Warren Buffett, Jack Welch, Michael...

  5. February 10, 2013

    Vanguard and BlackRock keep gun stakes

    Vanguard, an investment manager with stakes in gun makers, has no plans to divest its holdings, following a letter from Rahm...

  6. January 19, 2013

    Chicago gets airport plan off the ground

    Chicago is restarting efforts to privatise Midway airport, following criticism of past deals by the city to sell assets to...

  7. September 19, 2012

    Chicago teachers to end strike

    Chicago public schools will reopen on Wednesday, after representatives of the city’s teachers' union voted to return to work...

  8. September 17, 2012

    Chicago fails to end school strike

    The Chicago education authority failed in its effort to force public school teachers back into the classroom, when a local...

  9. September 10, 2012

    Chicago school teachers go on strike

    Almost 30,000 teachers and support staff in Chicago walked off the job on Monday, striking for the first time in 25 years...

  10. September 9, 2012

    Obama super-Pac in push to raise $150m

    A campaign group backing Barack Obama is pushing to raise up to $150m in coming weeks in a late effort to counter...

  11. September 5, 2012

    Emanuel to focus efforts on super-Pac

    Rahm Emanuel, the mayor of Chicago and a renowned fundraiser, has stepped down as co-chair of Barack Obama’s re-election...

  12. September 2, 2012

    Main themes of US poll campaign emerge

    The campaigns of Barack Obama and Mitt Romney have settled on their main themes two months out from the election: one looks...

  13. August 1, 2012

    Banker to become deputy mayor of Chicago

    Steven Koch, co-chair of mergers and acquisitions for Credit Suisse, will step down from the bank to become deputy mayor of...

  14. July 30, 2012

    Gay marriage furore rocks fast-food chain

    Anti-gay marriage comments by an executive from Chick-fil-A, the US fast-food restaurant chain, have prompted a backlash and...

  15. May 2, 2012

    Silver Lake takes stake in talent agency

    Silver Lake, the technology investment firm, has bought a 31 per cent stake in William Morris Endeavor Entertainment, which...

  16. January 11, 2012

    Goldman departures a sign of higher turnover

    Two of Goldman Sachs’ four co-heads of securities trading are leaving in a fresh sign of heightened staff turnover at the...

  17. December 8, 2011

    Illinois appeases exchanges with tax breaks

    Legislative leaders in Illinois have agreed a $100m-a-year tax-relief package for CME Group, the Chicago Board Options...

  18. November 15, 2011

    Emanuel adds dose of realism to Chicago finances

    Inattentive gardeners in Chicago beware. As part of Mayor Rahm Emanuel’s $6.3bn budget for 2012, allowing weeds to grow to a...

  19. November 8, 2011

    Obama changes White House chief’s role

    Barack Obama’s White House is undergoing a transformation as he prepares for a bruising re-election campaign, with the...

  20. May 31, 2011

    Business diary: Bill Brodsky

    As chief executive of the Chicago Board Options Exchange, Bill Brodsky heads the US’s biggest options-trading venue. Here he...

  21. April 10, 2011

    Big media names back boutique bank Raine

    Eric Schmidt, Sean Parker and other pick names from the media and technology sectors have invested in a merchant bank’s fund...

  22. February 23, 2011

    Emanuel confronts deficit in Chicago

    Rahm Emanuel faces the daunting task of tackling the city of Chicago’s perilous financial situation after winning a...

  23. February 23, 2011

    Emanuel wins Chicago mayor race

    Rahm Emanuel won a landslide victory in Chicago’s mayoral election on Tuesday, securing comfortably more votes than the 50...

  24. February 21, 2011

    Emanuel ready to don Chicago’s mayoral crown

    If Rahm Emanuel does not win more than 50 per cent of the vote in Tuesday’s mayoral election in Chicago, Barack Obama’s...

  25. February 18, 2011

    Outside Edge: Latin lessons for Rahm’s republic

    When Chicagoans find out that before arriving in the city, I was the FT’s man in Lima, they invariably say: “Quite a change,...

  26. January 28, 2011

    Obama picks new press spokesman

    Barack Obama has chosen a seasoned former journalist, Jay Carney, as the White House press secretary, an appointment that...

  27. January 24, 2011

    Court disqualifies Emanuel from Chicago race

    Chicago’s mayoral race has been thrown into confusion after a court ruled that Rahm Emanuel, the former White House chief of...

  28. January 11, 2011

    Taking on gun lobby proved step too far for Obama

    President Barack Obama’s administration took on banks and the insurance industry in his first two years in office but made a...

  29. January 11, 2011

    Daley sells JPMorgan shares to join White House

    William M. Daley is selling JPMorgan Chase shares valued at $7.6m, a requirement of becoming White House chief of staff....

  30. January 9, 2011

    Obama tries a Clintonian swerve

    The White House had hoped to spend this weekend plotting its new economic strategy. Instead the atrocity in Arizona demanded...

  31. January 7, 2011

    Sperling set to head US National Economic Council

    Barack Obama selected Gene Sperling to be director of the National Economic Council and his top economic adviser, bringing...

  32. January 6, 2011

    Daley named as Obama chief of staff

    President Barack Obama has appointed JPMorgan Chase executive William Daley as his new chief of staff in a conciliatory...

  33. January 6, 2011

    Daley appointment shows Obama recalibration

    In a tense meeting early in his presidency, President Barack Obama told a group of bankers that his administration was the...

  34. January 6, 2011

    Obama’s press secretary latest to quit

    The exodus of President Barack Obama’s closest cadre of advisers continued on Wednesday as Robert Gibbs, the White House...

  35. January 5, 2011

    Boehner vows to cut size of government

    The new Republican majority in the House of Representatives will make cutting the size of the US government its central task...

  36. December 27, 2010

    Carmaker chameleon

    It has been an eventful few years for Detroit, encompassing the sorts of ups and downs normally seen over decades for such a...

  37. December 23, 2010

    Emanuel cleared to run for Chicago mayor

    Rahm Emanuel will be on the ballot for Chicago’s mayoral race on February 22 next year, after the city’s election commission...

  38. December 22, 2010

    Rahm Emanuel leads in Chicago mayor polls

    On Capitol Hill and in the White House, Rahm Eman­uel enjoyed the reputation of a political rottweiler who inspired fear and...

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