The Latest Breaking News from Citadel

Mayor Lori Lightfoot describes herself as a “pro-Chicago business” mayor. But on her watch, Boeing and Citadel have left town. On the plus side, Chicago remains a hub for tech start-ups. As Lightfoot seeks reelection, she and her rivals disagree how to revive the economy and restore downtown.

The secret to Ken Griffin’s record-breaking year, if you ask him, is simple: Workers returned to the Citadel offices.

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Ken Griffin’s Citadel churned out a record $16 billion in profit for clients last year, outperforming the rest of the industry and eclipsing one of history’s most successful financial plays.

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Billionaire Miami newcomer Ken Griffin, who has received an effusive welcome from local politicians as he moves his Citadel financial empire to the Magic City from Chicago, wants them to do something for him: Take one of the city’s most significant historic homes off his hands.

Celebrations come as Wall Street firms prepare for leaner times and cut back

The Citadel CEO worries U.S. restrictions on selling advanced computer chips to China could make invading Taiwan more tempting to Beijing.

“We have to broaden that appeal because we’re getting heavily outspent in all our races all across the state,” new state Senate Minority Leader John Curran said.

Despite recession fears and inflation seemingly receding, Griffin says the Federal Reserve should stay the course with interest rate hikes.

Trust in all financial markets could be rocked, says the founder of the Citadel hedge fund.