Deal with it: a veteran trader’s take on high-frequency trading

High-frequency trading has come under fire since the May, 2010 “flash crash” when the U.S. stock market sharply plummeted, then rebounded, in a matter of minutes. But one Chicago derivatives manager says the high-speed computer-driven trading should be allowed to run its course.

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Do local taxes make tourists think twice about visiting Chicago?

Chicago has a little something for everybody. Museums, restaurants, shopping and sports give many people reason to put Chicago on their “must see” list. But the Windy City comes at a hefty price for tourists, with high sales, hotel and other taxes.

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Groupon filing for IPO = a real tech bubble?

Coupon website Groupon Inc. filed Thursday to go public, looking to raise up to $750 million. The two-and-a-half-year-old Chicago-based company turned down a $6 billion takeover offer from Google Inc. last year and instead sought to pursue a public offering. After the craze of LinkedIn’s IPO, Groupon’s IPO is deemed to be another sign for a tech bubble by many people.

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