Expert: Possible Thompson Center Sale Is Small, Positive Sign
The move by Illinois House Speaker Michael Madigan to advance the possible sale of the Thompson Center is a positive sign, according to the head of the Civic Federation.
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The move by Illinois House Speaker Michael Madigan to advance the possible sale of the Thompson Center is a positive sign, according to the head of the Civic Federation.
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.
A budget watchdog group has criticized Gov. Bruce Rauner's spending plan for this year as being underfunded and unrealistic.
After eight months of operating without a budget, tomorrow Governor Rauner outlines his state spending plan for next year.
A research group has offered a laundry list of suggestions to help pull Illinois government out of its financial mess.
A respected financial watchdog group has thrown its support behind Mayor Rahm Emanuel's budget plan, but it comes with a warning.
A top Chicago city official agrees with budget experts that a possible property tax hike alone will not end the city's financial crisis, reports WBBM Political Editor Craig Dellimore.
Mayor Rahm Emanuel will seek a massive property tax hike later this month, as he seeks to shore up police and firefighter pension funds, and close a $750 million budget hole.
A respected budget watchdog group has come out with a sharply critical analysis of Gov. Bruce Rauner's fiscal plan for Illinois.
With the city's bond rating just a couple levels above junk status, Mayor Emanuel told the Civic Federation he is ending or phasing out some of the city's more questionable borrowing practices.
The Chicago School Board passed a budget with a one-time bump, which gets it by this year but not next according to the fiscal watchdog the Civic Federation.
More than three weeks ahead of the governor's budget address, a government watchdog group has issued its own plan for bringing state finances back to good health.
The Daley administration took out nearly $30 million in loans to run the park, from the year after it opened, until the former mayor left office.
The head of a budget watchdog group said a major of the Chicago's credit rating on Thursday was no surprise, but is very troubling for residents.
The long list of people the state owes money to could nearly triple in five years, if lawmakers don't get costs under control, according to a local budget watchdog group.
Chicago Public School officials have unveiled their budget plan for next school year, seeking to fill a $665 million deficit with a property tax hike, personnel cuts and some one-time revenue.
A report being released Monday contains troubling news about the Chicago pension plans covering various municipal employees.
A new voice and a new website were added Monday to the effort to avert what appears to be the potential collapse of Illinois public employee pension funds. CBS 2 Chief Correspondent Jay Levine reports.
The Civic Federation is proposing a legal standard for nonprofit hospitals to qualify for property tax exemptions.
A spokeswoman says Gov. Pat Quinn wants to address the problem of skyrocketing Medicaid costs in Illinois, but state legislators are not cooperating.
Ahead of Gov. Pat Quinn's state of the state address this Wednesday and his budget address next month, a tax watchdog group is sounding the alarm about Illinois' looming financial disaster.
Cook County Board President Toni Preckwinkle's proposed 2012 budget is getting high marks from a noted government watchdog.
It's a cruel reality. Property taxes are up all over Chicagoland, according to a new report. In the city and suburb after suburb, property values are dropping, but tax levies for schools and services are going up.
Cook County is going to see more layoffs and red ink, but a Chicago budget watchdog says the situation seems to be improving.
How many city workers does it take to change a light bulb? Sounds like a joke right? But it's not funny when it's our tax dollars being wasted.
A three-vehicle crash involving a Chicago fire truck shut down lanes on the Eisenhower Expressway early Saturday morning.
A mass shooting left at least 12 people injured in Chicago's Washington Heights neighborhood on Friday night.
Four Black-owned construction firms joined forces with a fifth company to create a model never seen before in the industry and oversee the construction of the newly opened Obama Presidential Center.
Illinois drivers might soon have to pay more to drive on the state's tollways.
A Chicago area couple who recently moved to Mexico and has been missing for nearly a month has been found dead, family friends said.
The Altoids were a callback to a viral moment between former first lady Michelle Obama and former President George W. Bush.
A senior Justice Department official called a judge's demand for a declaration on the status of the "anti-weaponization" fund "unnecessary."
Trump has appeared during the Iran war to lose patience with Israeli Prime Minister Benjamin Netanyahu, who may now find himself "stuck."
President Trump lashed out at Meloni on Saturday after Italy cancelled its envoy's visit to the United States.
Cuban lawmakers Thursday adopted nearly 200 historic free-market reforms aimed at rescuing the communist island from a severe crisis aggravated by a U.S. oil blockade.
An Illinois law banning "swipe fees" on taxes and tips — already delayed twice by lawmakers — appears to be on life support after a federal judge that once permitted it issued a permanent injunction against it this week.
A new study from the Cook County Treasurer's office underlines growing concerns about the impact the Illinois megaprojects bill could have on the county's property tax base and overall fiscal health.
As thousands of Chicagoans wrap up road trips over the Memorial Day holiday weekend, gas prices in the city have reached the highest levels seen in four years.
Consumer and environmental advocates said Monday that they found overcharges buried in the most recent rate-hike request by Nicor.
One week away from Memorial Day weekend and the unofficial start of the summer travel season, with gas prices remaining high, negotiations were set to resume Monday at the largest oil refinery in the Midwest.
Illinois is among the top 13 states seeing a rise in alpha-gal syndrome cases, with residents living in southern Illinois at the highest risk, according to a 2025 study.
After Bruce Willis was diagnosed with dementia, his wife Emma Heming Willis found a new purpose as a health advocate.
The North Shore suburb of Wilmette this week became the latest Chicago-area municipality to discover mosquitoes carrying the West Nile virus this year.
Dr. Peter Stafford was working with a missionary group in the Congo when he came down with the virus last month.
While 330 Ebola infections are confirmed in central Africa and huge challenges remain, hundreds more suspected cases "have been cleared out," the WHO says.
Daley's Restaurant, known as Chicago's oldest, has served Chicago's Woodlawn neighborhood for more than 130 years.
Walgreens is set to close in Chicago's Chatham neighborhood on Thursday, and there's growing concern about where families will get their medications.
The owners of Gene & Georgetti steakhouse are suing a concessions operator over their expansion at Midway International Airport.
DraftKings announced Monday that it is closing its sportsbook operation at Wrigley Field after only about two years.
After more than 80 years, there will be no Ann Sather restaurant location in the 900 block of West Belmont Avenue in Chicago's Lakeview community, effective in June.
James Burrows directed more than 1,000 episodes of television, including every episode of the original "Will & Grace."
In a full circle moment, actor Gary Cole returns to the very same local stage where he began his professional acting career.
Record producer Tay Keith was found dead in his Nashville home by officers performing a welfare check, police said.
Tom Dreesen, a pioneering actor and comedian and Chicago-area native, died Wednesday.
Luke Skywalker's lightsaber from the "Star Wars" sequel "The Empire Strikes Back" is expected to sell for at least $1 million at an upcoming auction.
Chicago Pride Fest is taking over Northhalsted this weekend. There are also pride festivals happening throughout the Chicago suburbs.
Spend your weekend a the 10th annual Winnetka Music Festival!
Meteorologist Carl Lam has the extended forecast.
A mass shooting left at least 12 people injured in Chicago's Washington Heights neighborhood on Friday night. Street Pastor Donovan Price told CBS News seeing a mass shooting like this on Juneteenth is a tragedy.
Vida is looking for a forever home. Come meet her at PAWS Chicago adoption center.
A mass shooting left at least 12 people injured in Chicago's Washington Heights neighborhood on Friday night.
Illinois drivers might soon have to pay more to drive on the state's tollways.
A Chicago area couple who recently moved to Mexico and has been missing for nearly a month has been found dead, family friends said.
A three-vehicle crash involving a Chicago fire truck shut down lanes on the Eisenhower Expressway early Saturday morning.
Four Black-owned construction firms joined forces with a fifth company to create a model never seen before in the industry and oversee the construction of the newly opened Obama Presidential Center.
Newly released cell phone video of a police shooting in south suburban Country Club Hills appears to contradict what a federal agent claims happened during an undercover gun trafficking sting operation last week.
"A house of horrors." That's how one former Chicago foster child described Aunt Martha's Integrated Care Center, a facility that's been at the center of a years-long CBS News Chicago investigation.
Kindbody entered into an agreement with a cryogenic storage facility in Massachusetts, but not all patients received the email.
A Chicago woman says a life insurance policy she paid into for 25 years was cancelled over a $112 shortfall that she never knew existed, and now, at 82 years old, she's uninsurable.
The Crisis Alternative Response Evanston, or CARE, team responds to calls that, before July 2024, would have been lumped into police calls.
Matt Vierling and Kerry Carpenter hit home runs to lift the Detroit Tigers past the Chicago White Sox 4-3.
The Chicago Hounds will try to cap off their magical season with a Major League Rugby championship Sunday.
Carson Kelly hit his second career grand slam in Chicago's seven-run first inning and finished with a career-high six RBIs as the Cubs routed the Toronto Blue Jays 16-2.
Jonathan Toews, who helped lead the Chicago Blackhawks to three Stanley Cup titles in six years, announced on Friday that he is retiring from the NHL after 16 seasons.
The Chicago White Sox ended a nine-game losing streak at Yankee Stadium with a 5-1 victory over New York on Thursday.
A shooting on the Eisenhower Expressway forced several lanes to close in Chicago's Garfield Park neighborhood early Friday morning.
A federal judge ruled ICE failed to show enough evidence to justify holding Salah Sarsour, a legal permanent resident detained for 80 days after speaking out in support of Palestinian rights.
A sport-utility vehicle rammed into a Shell gas station mini mart in what was believed to be an attempted crash-and-grab burglary in Chicago's East Pilsen neighborhood.
Luigi Mangione's lawyers will argue that he was suffering from an extreme emotional disturbance when he allegedly killed UnitedHealthcare CEO Brian Thompson.
Rex Heuermann was sentenced to life in prison without the possibility of parole for the series of murders known as the Gilgo Beach serial killings.
