Two U Of C Professors Awarded Nobel Prize In Economics
Eugene Fama and Lars Hansen shared the Nobel economics prize with Robert Shiller of Princeton. The U of C has been affiliated with nearly 90 Nobel laureates.
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Eugene Fama and Lars Hansen shared the Nobel economics prize with Robert Shiller of Princeton. The U of C has been affiliated with nearly 90 Nobel laureates.
Breaking a tradition dating back more than 150 years, Macy's will open on Thanksgiving Day this year at 8 p.m.
Four will be turned into Jewel-Osco stores, what happens to the other 68 is a big mystery. Some fear the once-thriving stores will be turned into vacant eyesores. CBS 2's Dorothy Tucker reports.
Safeway President and CEO Robert Edwards said the company seeks to quickly sell all or as many of the Dominick's stores as possible. Four have already been sold to the parent company of Jewel-Osco.
Afram Boutros went from a rent-a-car bus driver, to U.S. Army translator, to now plaintiff in a federal lawsuit with former employer Avis Rent A Car System with claims of "severe and pervasive" harassment.
Mayor Emanuel says he agrees with Governor Pat Quinn that the State needs to invest in transportation including roads, bridges and mass transit, but he doesn't back the Governor on the proposed Illiana Corridor toll road that would connect I-55 near Wilmington to I-65 in Indiana.
Mike Ditka showed up today at the Vienna Beef Factory on the North Side, where fans lined up to taste his new trademark sausages.
Federal dollars are at the heart the contentious battle over the federal government shutdown right now, but that wasn't stopping the Federal Reserve from rolling out new $100 bills on Tuesday.
Mary Slowik, program director for the city's Department of Cultural Affairs and Special Events, said it will be a first-of-its-kind party.
It used to be people hung on to their jobs as long as possible, spending decades with the same company. Today, more workers are leaving jobs rapidly. Believe it or not, it's a sign the economy is getting better.
Mayor Emanuel says Chicago is getting more convention and trade show business largely because of unprecedented cooperation with the local labor unions, reports WBBM Political Editor Craig Dellimore.
It's one of the growing pains of an improved economy. CBS 2's Ed Curran reports.
It's meant to raise money for kids, but several business owners say a festival in Little Village is costing them big.
A ribbon-cutting was being held downtown on Thursday for a more spacious legal clinic for military veterans.
The mayor of southwest suburban New Lenox has had enough with high gas prices in his town, and he wants to do something about it.
Iran-linked cyber criminals accessed FBI Director Kash Patel's personal email account, sources said.
The Justice Department has made public millions of pages from its investigation into convicted sex offender Jeffrey Epstein.
The House passed a measure to fund the Department of Homeland Security for 60 days — but it's still unclear how the shutdown will end as the Senate, which approved its own funding plan, is on recess.
The Treasury Department plans to add President Trump's signature to new U.S. paper currency, a first for a sitting president.
An amendment that would require voters to show photo identification to cast a ballot failed to advance in the Senate on Thursday.
Illinois Secretary of State Alexi Giannoulias this weekend issued a warning about a surge in text messages that falsely claim to come from his office or the DMV within it.
Tenants at a South Loop luxury high-rise that has been plagued with problems like broken elevators are vowing to fight five-day eviction notices.
It's become an annual March Madness tradition at CBS Chicago, pitting our city's best eateries in direct competition in a foodie bracket challenge. We did pizza, we've done Italian beef, we've done Chicago dogs. This year, we're taking flight with wings.
For Cook County residents hoping to lower their property tax bills, applications are open for exemptions.
Officials in the north Chicago suburb of Wilmette issued a warning Tuesday about scammers who are impersonating representatives of village departments.
Ending domestic violence is the goal of groups and advocates all over the world, and some experts in Chicago say it is time to become less reactive and more proactive when it comes to the people causing harm.
A new Iowa law bans local nondiscrimination protections on the basis of gender identity after the state became the first in the U.S. to roll back its civil rights code last year.
Food containing norovirus may smell and taste normal but still cause serious illness if consumed, FDA warns.
Illinois Gov. JB Pritzker on Monday announced a $1.5 billion investment from biotherapeutics company CSL for a new plasma therapy manufacturing plant in Kanakee.
When a doctor was told there was no cure for his daughter's condition, he was motivated to transform not only her health, but the lives of thousands of others.
The owners of the popular Uncommon Ground restaurant, live music venue, and brewery in Chicago's Wrigleyville community announced this week that they're looking for a successor to take over the business.
Chicago consistently ranks in the top three cities in Fortune 500 company headquarters, and now a competition has been launched to build on Chicago's power in business.
The flagship Ann Sather restaurant on Belmont Avenue in Chicago's Lakeview community will be moving later this year, a restaurant representative said Tuesday.
Chicago Bulls legend Scottie Pippen threw some shade at former teammate Michael Jordan in a new pop commercial.
The City Council in Aurora, Illinois, is likely to lay down the hammer on data centers.
Chicago-native John Mulaney announced a new stop at the Wisconsin State Fair this summer.
Following a ribbon-cutting attended by Chicago Mayor Brandon Johnson on Saturday, people were let inside the new space, at 5035 N. Broadway right off Argyle Street, for a special open house.
Chuck Norris' family said his death at 86 was sudden, but did not share any details on the cause.
ABC has canceled its already filmed season of "The Bachelorette" starring Taylor Frankie Paul after video surfaced of a 2023 incident in which she was charged with assault.
Acclaimed Chicago bar and music venue The Hideout has been sold to a performer and former employee, but the owners said it will carry on as the same beloved place that visitors have always known.
Meteorologist Kylee Miller has the extended forecast.
Nearly 200,000 protesters gathered in The Loop for Chicago's No Kings protest.
The No Kings protest is underway in Chicago and demonstrators are now marching through The Loop.
Thousands are gathered in Grant Park for Chicago's No Kings protest on Saturday.
As Congress debates the Department of Homeland Security funding bill, President Trump has ordered TSS workers be paid.
Thousands of protesters gathered in Grant Park for the Chicago No Kings protest.
A 16-year-old girl was shot in north suburban Glenview, Illinois, on Saturday morning.
Human remains found in Mokena, Illinois, were identified as belonging to a Joliet man who went missing in June of 2025.
A man was shot and killed inside his house during a drive-by shooting on Chicago's South Side.
Prosecutors laid out the details of the fatal Chicago shooting of Loyola University student Sheridan Gorman at a detention hearing for her accused killer Friday.
Two more women have filed lawsuits against Massage Envy, accusing the company of failing to protect them against sexual assaults by two of their therapists.
Homeowners in Berwyn said they are constantly having to pump out sewage to keep it from flooding their basements.
CBS News Chicago learned that she was hired at the school in Mundelein in 2023, which was after DCFS found credible evidence that Servant had injured her children as a form of discipline.
United Steel Workers union representatives said that some workers had already had their access cards deactivated.
Have you ever walked into a business with no employees? You may soon; autonomous businesses are becoming more popular.
Shai Gilgeous-Alexander scored 25 points and the Oklahoma City Thunder used a 22-0 run in the second half to beat the Chicago Bulls 131-113.
Dylan Garand made 27 saves for his first NHL win as the Rangers downed the Blackhawks 6-1 on Friday night.
The Fighting Illini are one win from a trip to the Final Four after an impressive win over in the Sweet 16 Thursday night.
The Chicago Bears will have to wait until at least April for action on a property tax bill that would boost their efforts to build a new stadium in Arlington Heights, as the Illinois House is set to adjourn Friday.
A Chicago-area fan yelled about the White Sox when Pope Leo passed by in his Popemobile, and the Pope responded with a thumbs up and smile.
The truck, transporting 413,793 KitKat bars, was stolen during transit in Europe, Nestle said.
Police on Thursday were investigating two shootings that happened in broad daylight the day before in Chicago's Hyde Park and Woodlawn neighborhoods.
A man was shot and critically wounded in broad daylight Thursday in Chicago's Humboldt Park neighborhood.
A 17-year-old boy was shot multiple times and critically wounded in Chicago's Back of the Yards neighborhood early Thursday morning.
Two men and a woman were slashed in a fight with another man they knew inside a home in Chicago's Bronzeville neighborhood early Thursday morning.
