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With renewed worries about the economy in the wake of the downgrade of the nation's credit rating, nearly 10,000 people showed up for a job fair hosted by Congressman bobby Rush on Tuesday.
A massive selloff on Wall Street Monday after the U.S. credit rating slip made for the worst single-day loss since December 2008. In Chicago, the news was depressing and worrisome.
Chicago Treasurer Stephanie Neely is trying to reassure residents that the nation's downgraded credit will not harm city finances.
A local company that is the only harmonica manufacturer in the United States is closing its doors.
All signs point to another rough day in the financial markets Monday morning, on the first day of trading since the historic U.S. credit downgrade.
While Sears Holding Corp. is considering leaving its suburban Chicago headquarters and taking more than 6,000 jobs out of Illinois, the costs - in money, lost employees and disruption - make moving an expensive proposition, one that some experts say they doubt the struggling retailer will undertake.
Traders and investors alike are hoping for a turnaround in the markets Friday, particularly after the better-than-expected news in the unemployment report.
CBS 2's Mike Parker talks with some local players about the catastrophic losses the markets suffered Thursday.
The former state Senator husband of former Playboy chief executive officer Christie Hefner is paying a hefty price for insider trading.
FedEx has just rolled six all-electric delivery trucks into service in Chicago, and they've really been turning heads.
By the end of next year, food giant Kraft could be two separate companies.
The job outlook is dismal, but there is hope, if you have the right skills for the jobs available. As CBS 2's Roseanne Tellez reports, there's a program in Chicago that re-trains people who thought they had jobs for life, only to be downsized out of the workplace.
Ahead of the key government employment report for July, which comes out Friday, there are ominous signs today that more people are losing their jobs.
Two Chicago architects are in Jeddah, Saudi Arabia Tuesday, unveiling plans for what would be the world's tallest building.
The State of Illinois has ordered a debt settlement company in Chicago to stop doing business.
