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The Latest Breaking News from Terry Duffy

US Stock Market: CME shares jump 6% after Q2 profit beats estimates; strong hedging demand boosts results

CME Group shares surged after reporting strong second-quarter earnings which exceeded analyst estimates. Resilient hedging demand and increased equity index trading volumes fueled this positive financial performance. Despite softer trading in some areas, the company's data services business also showed significant revenue growth. Investor concerns about perpetual futures persist, though…

The Economic Times

CME Group CEO Blasts Bitcoin Perpetual Futures, Warns of ‘2007’ Risk

CME Group (NASDAQ:CME) Chairman and CEO Terry Duffy sharply criticized the Commodity Futures Trading Commission’s approval of a Bitcoin perpetual futures contract for Kalshi, saying the product does not fit his view of a futures contract and raises risks for retail investors. Speaking at an investo

MarketBeat

LPGA Commissioner Mollie Marcoux Samaan Resigns After Three Years

Samaan will step down in January; her contract ran through summer 2026.

Sports Illustrated

From analysis to the latest developments in health,
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CME Group CEO grades LPGA commissioner Mollie Marcoux Samaan job performance A++

It’s difficult to imagine a better year inside the ropes for the LPGA than what’s transpired so far in 2024.

USA Today Sports Media Group

CME Group Boss Slams LPGA Tour Decision Not To Show Live Third Round Coverage Of Event

The third round of the LPGA Tour's final event of the season, the CME Group Tour Championship, will be shown on a tape delay - which has angered the CME Group CEO

Golf Monthly

CME Group Tour Championship’s $4 million winner’s prize both historic, life-changing on LPGA

Imagine what that kind of many can do.

USA Today Sports Media Group

Nichols: At what feels like a tipping point for the LPGA, a closer look at the rocky tenure of commissioner Mollie Marcoux Samaan

Rarely is the LPGA at the forefront of anything, including the current surge in women’s sports.

USA Today Sports Media Group

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Inside the Larger Sponsorships and Rising Popularity of Women’s Golf

Larger sponsor commitments are increasing paydays on the LPGA Tour, which follows the rising popularity of women’s golf. In 2024, the CME Group Tour Championship total purse will grow to $11 million and the winner’s share will be $4 million, the biggest payout for any women’s sport.

Sports Illustrated

CME Group CEO moves on from last year’s LPGA leadership misstep to elevate women’s sport even higher

What a difference a year makes.

USA Today Sports Media Group

CME set to raise purse to $11 million in 2024, with record winner’s prize of $4 million

The runner-up of next year’s event will receive $1 million. Every competitor will be awarded at least $55,000.

USA Today Sports Media Group

Financial transaction tax for Chicago? Forget it

A Chicago tax on financial transactions, a proposal that’s been repeatedly floated from some progressives, is off the table in Springfield.

Chicago Sun-Times

Chicago’s next mayor will face deep financial problems, massive deficits and a pension hole

CHICAGO — On the campaign trail, both mayoral candidates paint sweeping visions of a shinier, more prosperous Chicago under their watch.

Chicago Tribune

Editorial: Don’t let incompetent bank executives derail the Fed’s inflation battle

Democratic U.S. Sen. Elizabeth Warren thinks she knows who to blame for the collapse of Silicon Valley Bank, and the financial fallout that followed.

Chicago Tribune

The tax that won’t die — and other revenue plans — surface in city election

Seeking influence in ward races is a group, United Working Families, that has argued for tax hikes that target the rich but could chase businesses and suburbanites from the city.

Chicago Sun-Times

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USA Today Sports Media Group

Your 2022 picks: Our top 10 LPGA golf stories (No. 1 is an idea that could get Nelly Korda to the Presidents Cup)

Here’s a look at the top 10 LPGA stories, as clicked on by you.

Chicago Tribune

FTX collapse shakes up Chicago crypto market, where its US trading platform was going to be the next big thing

CHICAGO — When the FTX.US headquarters opened in a gleaming new Fulton Market tower in May, Mayor Lori Lightfoot and her retinue stopped by to officially welcome the cryptocurrency exchange to Chicago, a city positioning itself as a financial center for the booming digital assets.

USA Today Sports Media Group

CME Group CEO ‘exceptionally disappointed’ with LPGA leadership heading into record payday

“I’m concerned about the future of the tour," said Duffy, who will hand over a $2 million check on Sunday.

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