Federal Reserve hikes key interest rate by another 75 basis points
The rise in the federal funds rate, which is what banks charge each other for overnight loans, comes as several significant pieces of economic data are released this week.
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The rise in the federal funds rate, which is what banks charge each other for overnight loans, comes as several significant pieces of economic data are released this week.
All three options would preserve the stadium's iconic colonnades, while expanding capacity from 61,500 seats to 70,000 seats.
The House Jan. 6 committee focused Thursday's hearing on what was happening at the White House during 187 key minutes of the rioting.
Mayor Lightfoot has 60 days to fill the vacancy in the 43rd Ward once Michele Smith officially steps down on Aug. 12.
Bannon faced criminal contempt of Congress charges for refusing to comply with a subpoena for documents and testimony issued by the House Jan. 6 select committee.
The lawsuit seeks a court order prohibiting Chicago Police from using ShotSpotter technology.
"My decision to retire prior to the completion of this term is a difficult and deeply personal one. At this point in my life, I have deepening responsibilities towards family and friends. These personal issues mandate that I step down now," Smith said.
"He is fully vaccinated and twice boosted and experiencing very mild symptoms," White House Press Secretary Karine Jean-Pierre said in a statement.
Lightfoot personally urged aldermen not to return the speed camera threshold back to 10 mph: "We need to take more steps to slow people down."
The Respect for Marriage Act would provide federal protections for same-sex and interracial couples. Senate Democrats are gauging GOP support for the measure, and the White House supports the bill.
The mayor's proposal would add a $1 surcharge to taxi fares of up to $20, a $2 surcharge for fares of up to $40, and a $3 surcharge for fares above $40 whenever the AAA's average monthly price for a gallon of regular gasoline in Chicago rises above $5.
The striking tale is spelled out in a police report – all of the events having happened just a block away from City Hall.
"Today, I am making good trouble," Schakowsky posted on Twitter.
Drivers stop traffic while spinning around and doing donuts – in a dangerous thrill that seems to be growing every weekend in Chicago.
"The Governor is experiencing mild symptoms and has been prescribed the anti-viral medication, Paxlovid," Pritzker's office announced Tuesday morning.
Rick Garcia, a longtime Chicago LGBTQ+ activist and community leader who was at the forefront of many civil rights victories, died this week.
Republican Rep. James Comer of Kentucky, the committee's chairman, said the panel will move next week on holding them in contempt.
The Supreme Court heard two cases involving laws from Idaho and West Virginia that ban transgender athletes from participating in girls' and women's sports.
The group of journalists who won a preliminary injunction over federal agents' use of force have filed to have the same judge hear the state's new lawsuit against the Trump administration.
Does the Chicago Bears' dramatic improvement this season, culminating in their first playoff run in five years, change the discussion about where they will build a new stadium?
Police in the west Chicago suburb of Geneva are warning of a scam involving spoofed phone numbers.
Protesters on Tuesday were cranking up the heat on Peoples Gas over a recently proposed rate hike that would add an additional $10 to $11 a month to utility bills.
A lawsuit filed late last month took Chicago-based McDonald's to task over the McRib sandwich, calling its name a form of false advertising.
As this holiday season nears its end, Illinois Treasurer Alexi Giannoulias issued a warning Tuesday about text scams.
A new report shines a light on electricity shortages that Illinois could face in less than 10 years.
January is Radon Action Month, and the Cook County Department of Public Health is urging residents to test their homes for radon.
Severe flu season is sending many people to hospital emergency rooms across the country, including in the Chicago area.
Unionized health care workers this week took aim at Northwestern Medicine, saying the health care system needs to hire more people before expanding the emergency room at Northwestern Memorial Hospital.
The Illinois Department of Public Health announced Tuesday that its recommendations for childhood vaccines will not be affected by a change in federal guidelines.
The first pediatric flu death for this year's flu season has been reported, Illinois health officials said, as flu cases across the state continue to rise.
Does the Chicago Bears' dramatic improvement this season, culminating in their first playoff run in five years, change the discussion about where they will build a new stadium?
The Piggery, a popular barbecue restaurant and bar in the northwest corner of Chicago's Lakeview neighborhood, announced Thursday that it is going out of business.
The Lincolnwood Town Center mall in the north Chicago suburb of Lincolnwood has been sold to a developer, the village announced Wednesday.
They do say imitation is the sincerest form of flattery, but a longtime Chicago fried chicken institution said imitation went too far after a new business opened with a very similar name.
A lawsuit filed late last month took Chicago-based McDonald's to task over the McRib sandwich, calling its name a form of false advertising.
Scott Adams, the cartoonist who created the "Dilbert" comic strip, has died at the age of 68, his first ex-wife revealed on Tuesday.
Here is everything you need to know about how to watch and stream the 2026 Golden Globes.
Bob Weir wrote or co-wrote and sang lead vocals on Grateful Dead classics including "Sugar Magnolia," "One More Saturday Night" and "Mexicali Blues."
Chicago Theatre Week brings value-priced tickets for shows from Feb. 5 until Feb. 15 at Chicago's stage venues. Tickets can sell for $30, $15, or even less.
Isiah Whitlock Jr. is perhaps best known for his role as state Sen. R. Clayton "Clay" Davis on HBO's "The Wire."
Meteorologist Laura Bannon has the extended forecast.
One of multiple hearings starts Wednesday for the four people charged with shooting and killing Chicago police Officer Aréanah Preston in 2023.
The Women's Soul Line Dance Group began just more than a year ago as a weekly gathering with just five women there, but has grown into a Tuesday staple that draws nearly 60 women of all ages.
The Bureau of Labor Statistics released new numbers about the overall economy, showing modest inflation of .3% last month and 2.7% in the year. Streaming video services were a major outlier and saw an inflation of nearly 20% in the same period.
For Just $5, Cinemark theaters are letting people fill up their own buckets up to 400 ounces of popcorn. That's more than three gallons.
Winter weather alerts are in effect near Chicago area as snow moves in on Wednesday.
One of multiple hearings starts Wednesday for the four people charged with shooting and killing Chicago police Officer Aréanah Preston in 2023.
Steve Buzil with SitClose Tickets was outside Soldier Field doing another media interview about ticket sales on Sunday when he came across Ruth and Mikey.
A man has been charged with reckless homicide and driving under the influence in a crash that killed two people outside Chicago Police Headquarters in 2024.
The district said the victims were attempting to go ice fishing, and both were struggling to keep their heads above water.
Lead-based paint was banned for serious health reasons in 1978, but most homes built before then remain covered in it.
Fire department officials in Chicago's western suburbs said drone technology has been helping keep firefighters safe and make a major impact on public safety.
With the stores becoming a common target for thieves, some of the stores in the Chicago area are taking new steps to fight back.
As thousands of people are expected downtown for New Year's Eve celebrations, Mayor Johnson, the Chicago police, and the Office of Emergency Management and Communications are trying to get out ahead of any safety concerns.
Cameras not working, video evidence missed by police and a psychic that leads a hit and run victim's son to a clue that changes the case
Steve Buzil with SitClose Tickets was outside Soldier Field doing another media interview about ticket sales on Sunday when he came across Ruth and Mikey.
Ramova Theater in Bridgeport is setting up for a Bears vs. Rams watch party for thousands of fans Sunday.
The Chicago Bears are on a hot streak, which means fans looking for tickets to Sunday's playoffs game are a target for scammers and fraudsters.
Sports experts said there may be some advantages they have on their side to keep the playoff winning streak going.
Johnson made it clear that he didn't like the Packers in a locker room video following their Wild Card win.
A man was left in critical condition Tuesday morning after he was shot while driving in Chicago's Little Village neighborhood and went on to crash his car.
Adam Beckerink, the man charged with murder in the death of his estranged wife, Caitlin Tracey, was set to appear for a detention hearing Tuesday after being extradited to Chicago.
A man has been charged with stabbing a CTA passenger to death while the victim was sleeping on a Blue Line train over the weekend in the Loop.
The state of Illinois and city of Chicago are suing the Trump administration and Department of Homeland Security for unlawful use of force and dangerous tactics in immigration raids.
A man and a 6-year-old boy were stabbed in Chicago's Lincoln Park neighborhood Sunday night.