After The Bell: Stocks Lower On Soft Earnings, Lower Oil & Election Fears
Stocks closed Tuesday sharply lower as falling crude oil prices and fears about a potential Democratic election sweep weighed on investor sentiment.
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Stocks closed Tuesday sharply lower as falling crude oil prices and fears about a potential Democratic election sweep weighed on investor sentiment.
A leading government financial watchdog has said Mayor Rahm Emanuel gave the City Council a "good news budget," but said there are still some open questions about the 2017 spending plan.
The coroner's race is front and center in Lake County.
It's different, because almost $800 million in property tax and water tax hikes have finally reduced the city's red ink from underfunded pensions.
It took 18 months for all three players to reach a tentative agreement, and according to labor expert Bob Bruno, everyone walks away with a win and a loss.
Several Cook County suburbs have begun pushing back against the county's newly-approved paid sick leave ordinance.
Declaring city finances were "back on solid ground" after enacting unpopular tax hikes to shore up various employee pension funds, Mayor Rahm Emanuel on Tuesday announced a 2017 budget that would allow Chicago to hire hundreds of new police officers.
Mayor Rahm Emanuel's plan to open an elite high school that once was to be named after President Barack Obama has been put on the back burner, as part of the financial package that averted a teachers' strike at the Chicago Public Schools.
Chicago Public Schools parents breathed a sigh of relief – and perhaps let out a few sleep-deprived yawns – after the district reached a tentative contract agreement with the Chicago Teachers Union at the 11th hour before a threatened strike Monday night.
Karen Lewis said she was optimistic, during a media briefing at 10 p.m. Monday, two hours away from a deadline to declare a strike if no deal is reached.
The day after the second debate was like the aftermath of a gutter fight.
Trump entered Sunday night's debate desperate to steady his floundering campaign.
A defiant Donald Trump insisted Saturday he would "never" abandon his White House bid, facing an intensifying backlash from Republican leaders across the nation who called on him to quit the race following the release of his vulgar and sexually charged comments caught on tape.
Same-day voter registration will be allowed in Illinois in the general election because an appeals court ruled Friday that a challenge to the law won't be resolved until after Nov. 8.
An old Walgreens will be turned Monday into an official Chicago Board of Elections Annex in downtown.
President Trump ordered the Department of Homeland Security to find a way to pay "each and every employee" of the agency.
The Illinois Accountability Commission is asking the federal officials who ran Operation Midway Blitz to testify at two hearings on federal agents' tactics during last year's immigration crackdown in Chicago.
Officials from 23 states and the District of Columbia filed a lawsuit seeking to block President Trump's executive order that aims to restrict mail voting.
A federal judge on Friday rejected efforts by the Justice Department to revive two subpoenas it served to the Federal Reserve.
The president of Wisconsin's largest mosque was detained by federal immigration agents, drawing accusations from local officials and religious leaders that the arrest was motivated by his statements against Israel.
A passenger on an American Airlines flight from New York to Chicago has been charged with making a false bomb threat that forced an emergency landing at Detroit Metro Airport last month, according to a federal criminal complaint.
Skyrocketing property taxes continue to be a hot-button issue in Cook County — particularly since last fall, when many residents saw their tax bills increase by 100% or more.
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.
Allergy season is here, and the dreaded pollen can trigger sneezing, congestion, wheezing, and shortness of breath.
Northwestern Medicine and the American Red Cross teamed up for a community blood drive in Chicago on Monday morning.
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.
The federal government is suing Illinois, Connecticut and Arizona over efforts to regulate prediction market operators such as Kalshi and Polymarket.
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.
Chicago blues legend Muddy Waters' birthday is Saturday, and in his memory his eldest son is putting on a concert in Chicago.
A federal judge in New York has tossed out actor Blake Lively's sexual harassment claims against actor Justin Baldoni over their roles in the movie "It Ends With Us," but left intact a claim for retaliation.
Atlanta rapper Gucci Mane was lured to a Dallas studio for a meeting, then allegedly kidnapped and robbed by a group including rappers Pooh Shiesty and Big30.
When Jean-Luc Godard's "Hail Mary" opened in Chicago on April 4, 1986, it drew a throng of angry protesters who considered the film an affront to their faith.
Applications are open for residents and bands who want to participate in PorchFest in Chicago's Lakeview and Roscoe Village communities this year.
Heavy rain in the Chicago area led to roadway flooding Saturday morning.
A man was injured after he was shot by people inside two different cars in the Garfield Park neighborhood early Saturday morning.
Meet Elliot, he's looking for a forever home.
Meteorologist Kylee Miller has the extended forecast.
Illinois is among 23 states and the District of Columbia filing a lawsuit seeking to block President Trump's executive order that aims to restrict mail voting.
Heavy rain in the Chicago area led to roadway flooding Saturday morning.
Officials from 23 states and the District of Columbia filed a lawsuit seeking to block President Trump's executive order that aims to restrict mail voting.
Illini fans watching the Final Four game in Champaign on Saturday should prepare to pay over $100 at some campus bars.
Fighting Illini fans are pumped for the Final Four, and Indianapolis feels more like Urbana because of how many Illini fans have traveled there for the big game.
The victim, whose age was not released, was found in a train tunnel unresponsive and lying on the tracks, Chicago police said.
A Morgan Park family is still in shock after a staggering 300% spike in their latest property tax bill, and the man poised to take over as Cook County Assessor at the end of the year says it's an error he wants to make sure doesn't happen again.
Researchers at the University of Chicago have built a "self-driving" lab that uses robotics and artificial intelligence to accelerate work that would take humans weeks or months to complete.
Johnson said the position was temporary, but when the chief homelessness officer was first appointed, she told CBS News Chicago that her role was funded for three years, not two.
A former stand-out college football star with a criminal history has been convicted of sexually abusing foster children who were in the care of a Chicago facility at the center of a massive investigation.
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.
The New York Knicks routed the Chicago Bulls 136-96 on Friday night in a game they led by 47 points.
Lucas Oil Stadium was pumping with a whole lot of orange and blue Friday morning when Illinois took the court for their open practice ahead of their Final Four showdown with Connecticut.
Rookie Chase DeLauter had three hits, including a two-run homer in the seventh inning, and drove in three runs as the Cleveland Guardians won their home opener 4-1 against the Chicago Cubs.
Tristan Peters capped a two-run 10th inning with an RBI single and the Chicago White Sox beat the Toronto Blue Jays 5-4 in a wild home opener.
In a special surprise during their home opener on Friday, the White Sox announced they will be retiring former shortstop and manager Ozzie Guillen's No. 13 jersey in August.
The president of Wisconsin's largest mosque was detained by federal immigration agents, drawing accusations from local officials and religious leaders that the arrest was motivated by his statements against Israel.
Some Joliet, Illinois, residents were asked to shelter in place Thursday morning as police executed a search warrant.
A man stood charged Thursday with holding up five men at gunpoint after luring them by offering to buy anime cards on online marketplaces.
A man was apprehended late Wednesday night after a standoff in Chicago's East Garfield Park neighborhood.
A passenger on an American Airlines flight from New York to Chicago has been charged with making a false bomb threat that forced an emergency landing at Detroit Metro Airport last month, according to a federal criminal complaint.
