S&P 500 marks worst quarter since 2022 amid tariff and inflation fears
Stocks whipsawed on Monday on economic worries, ending the quarter with its worst performance in three years.
Watch CBS News
Stocks whipsawed on Monday on economic worries, ending the quarter with its worst performance in three years.
The president is set to announce the reciprocal tariffs during a rose garden event on Wednesday and that's just one part of new trade policies taking effect this week.
The Supreme Court appears to be leaning toward a Catholic charitable organization pushing back against the state of Wisconsin in the latest religious rights case to come before the court.
CBS’s Natalie Brand reports it comes as a new CBS news poll shows more than half of Americans believe the president is not focusing enough on lowering prices.
Most Americans say the matter of Trump administration officials discussing U.S. military plans on the Signal app is serious.
Spartz was repeatedly drowned out by jeers from some of the 500 people who packed a conference center outside of Indianapolis.
The protests were part of a global day of action at more than 500 Tesla dealers all over the world, targeting billionaire Elon Musk's role in the Trump administration's sweeping cuts to the federal government workforce.
President Trump said on Saturday he will do whatever it takes to take control of Greenland, including military force, although he said that probably won’t be needed. His remarks come one day after Vice President JD Vance visited a U.S. military base in Greenland, a trip that sparked international backlash.
Hundreds of “Tesla Takedown” protests took place across the U.S., Canada, and Europe on Saturday, including a handful in the Chicago area.
Protests erupted across the U.S., Canada, and Europe on Saturday against President Trump's massive cuts to federal programs and employees, an effort spearheaded by billionaire adviser Elon Musk and the newly created Department of Government Efficiency.
Hundreds of people protested Saturday afternoon outside Chicagoland Tesla dealerships, as part of a global day of action at more than 500 Tesla dealers all over the world, protesting billionaire Elon Musk's role in the Trump administration's sweeping cuts to the federal government workforce.
The Chicago Department of Public Health said they don't know what's next, after the federal government abruptly pulled $125 million in funding, as the Trump administration halted $11.4 billion in COVID-19-related funds for state and local public health departments. The move also impacts local nonprofits, who said they won’t be able to provide necessary services.
Billionaire Elon Musk on Friday clarified his reasons for visiting Wisconsin two days ahead of its hotly contested Supreme Court election after deleting a social media post saying he planned to "personally hand over" $2 million.
President Trump issued an executive order Tuesday targeting Chicago law firm Jenner & Block. The firm also has an office in Washington, D.C.
Vice President JD Vance said Friday during a day trip to a U.S. base in Greenland that the Trump administration doesn't think that "military force is ever going to be necessary" there, the same day President Trump said, "We have to have Greenland."
National security adviser Mike Waltz and Defense Secretary Pete Hegseth have so far survived the disclosure that they ran a high-level meeting on a military operation via a non-government app and inadvertently included a journalist.
The average price of a new car in U.S. was about $49,000 as of Thursday, but the new tariffs are expected to drive that price up.
With a 25% tariff on vehicles and auto parts imported into the U.S. going into effect next week, it could soon cost you more not just to buy a car, but to get one fixed. Chicago area car dealerships will have to adjust, and so will auto body shops.
Five community groups joined together in Federal Plaza Wednesday to speak out against the anticipated reintroduction of a travel ban by the Trump administration.
Lawmakers on both sides of the aisle in Congress are asking for an official investigation into what happened when a reporter was added to a Trump administration group chat discussing planned military strikes against Houthi rebels. The heads of the Senate Armed Services Committee are asking the White House for an inspector general investigation into the use of the messaging app Signal to discuss sensitive military plans.
The fallout is intensifying from President Trump's national security team's discussions about highly sensitive military operations on a non-government approved messaging app. Democratic lawmakers in Congress grilled members of the security team, as new details emerged about the group chat in which they discussed a U.S. strike on Houthi rebels.
President Trump is backing his national security team, after a reporter was mistakenly added to a group chat detailing highly sensitive plans to bomb Houthi targets in Yemen. Lawmakers are demanding to know how it happened.
It's the group text heard around the world. Congress wants to know how a journalist ended up in a Trump administration text thread about highly sensitive military operations. Leaders of U.S. intelligence agencies were testifying Tuesday before the Senate Intelligence Committee about global security threats, one day after it was revealed that top Trump officials inadvertently included a journalist in a group chat about the United States' highly sensitive plans to bomb Houthi targets in Yemen.
Members of Congress are demanding answers after a journalist reported he was accidentally added to a group chat with top U.S. officials who were discussing highly sensitive military plans. The National Security Council said the messages seem to be authentic. Defense Secretary Pete Hegseth is now slamming the Atlantic magazine article.
The election to fill a Wisconsin Supreme Court seat is quickly becoming a referendum on the Trump administration and a test of enthusiasm on both sides.
Frank McGrath is facing two felony counts of misconduct in public office, in violation of Wisconsin statute.
Haylan Engdahl,19, was hit and killed by a car while on a cycling ride with his team near Milligan University on Aug. 19.
For decades, Ford City Mall was a major shopping destination on Chicago's Southwest Side. Now, the mall is closed and its future is at the center of a debate over what comes next.
Chicago's Colombian community continues to step up to help victims of a deadly earthquake earlier this month.
Residents of Ogleby Towers on Wednesday morning spoke out about the system that constantly changes their rent, which they say makes it hard to budget.
There was a big turnout in Springfield on Wednesday to celebrate retiring U.S. Sen. Dick Durbin (D-Illinois).
The University of Illinois at Urbana-Champaign confirmed on Tuesday that it recieved a letter from the Department of Defense, which has announced "research security audits" at 30 universities nationwide.
The Justice Department is planning to deploy a record 1,000 federal monitors to polling places throughout the U.S. for the midterm elections.
Former Cook County Commissioner Richard Boykin announced Tuesday that he is filing a complaint against Treasurer Maria Pappas over some profanity-related texts.
Former Cook County Commissioner Richard Boykin is demanding an apology from Treasurer Maria Pappas for some profanity-laden text messages he says are offensive.
A new Illinois law signed by Gov. Pritzker offers up to $1,000 to eligible homeowners hit by storm damage, but the money won't be available until next year — and the program only covers certain areas of Chicago.
Illinois is one of 46 states that have reached a $15.5 million settlement with a Pennsylvania-based mortgage servicer for improperly imposing new insurance policies on homeowners who already had insurance.
The Trump administration is taking aim at power grid operator PJM Interconnection over rising electricity bills that affect Illinois and Indiana residents.
Chicago remained the most bed bug-treated city in the country, according to Orkin's latest annual rankings covering a full year of residential and commercial treatment data.
Illinois Attorney General Kwame Raoul this week warned residents cleaning up from last month's storms to be on the lookout for scams.
Moderna and Merck announced study results that reflect a "landmark moment" in treatment for one of the deadliest forms of skin cancer.
Researchers from the University of Chicago have uncovered some information on how space travel affects — or actually doesn't affect — the heart.
As people age, it becomes crucial to do whatever possible to protect from issues like memory loss. But leading neurologist Dr. David Perlmutter said the process actually starts well before advanced age.
The Illinois Department of Public Health is not adopting new federal child vaccine guidelines and will continue following recommendations by the American Academy of Pediatrics.
In a wide-ranging interview with the CBS News partner BBC News, Hunter Biden grew emotional as he discussed his father's condition, describing it as very sad to watch.
A new Barnes & Noble bookstore opened in the heart of downtown Chicago on Wednesday, while separately, a building that used to house an old Barnes & Noble store in the Gold Coast was being demolished.
The Original Rainbow Cone celebrated its 100th anniversary on Sunday with a special event at its Beverly location.
The Shops at North Bridge on the Magnificent Mile announced plans Thursday for a multimillion-dollar renovation project.
While the building that housed the flagship Ann Sather restaurant on Belmont Avenue has been torn down, the renowned Chicago restaurant chain is now set to open a new Lakeview location.
Nationally, data centers used 17.4 billion gallons of water in 2023 — a figure projected to reach 72.6 billion gallons by 2028, raising concerns about states' water supplies.
Madonna leads all artists with 11 nominations at this year's MTV VMAs, and a full sweep would tie her with Beyoncé and Taylor Swift for the most VMA wins in history.
Hayden Panettiere, who starred in "Remember the Titans" as a child actor and rose to fame in the series "Heroes," has died at the age of 36. The coroner's office says she was found in cardiac arrest.
Buddy Guy was honored with the Chicago Music Legend Award at the Obama Presidential Center's Chicago Culture Ball this weekend.
Bal Khabra is the author of the four-part series "Off the Ice," a college hockey romance collection that is wrapping up at just the right time.
Crews need about a week and a half to tear down the festival site before the city can begin its own inspection — and past cleanup costs have topped $1 million.
Researchers compared data from about 21,000 air crew members to more than 500 other occupations. They found that flight crews receive the highest average annual dose of ionizing radiation of any U.S. occupational group. They say that's largely because the thinner atmosphere at commercial flight altitudes provides less protection from cosmic radiation.
Robotics startup AiMOGA, incubated by Chinese automaker Chery, showcased the robot at the World Robot Conference in Beijing.
After hitting the stage during Tuesday’s show, the team of high-flying tumblers learned they would not be advancing into the semifinals.
Apart from a scattered storm chance on Friday, much of the remainder of the week into next will have more dry days than wet. Chief meteorologist Albert Ramon has the latest in First Alert Weather.
The plan was announced during a rally outside the 185-unit Oglesby Towers on Wednesday morning, with some holding up copies of their rent bills.
Haylan Engdahl,19, was hit and killed by a car while on a cycling ride with his team near Milligan University on Aug. 19.
Frustration and concerns continue to linger as many remain without power for the ninth day after storms hit northwest Indiana last week.
A man and woman were shot and killed in the middle of the day Wednesday on Chicago's West Side.
Frank McGrath is facing two felony counts of misconduct in public office, in violation of Wisconsin statute.
For decades, Ford City Mall was a major shopping destination on Chicago's Southwest Side. Now, the mall is closed and its future is at the center of a debate over what comes next.
Residents of Ogleby Towers on Wednesday morning spoke out about the system that constantly changes their rent, which they say makes it hard to budget.
CEO of the Illinois Quantum and Microelectronics Park, Harley Johnson, gave CBS News Chicago an exclusive look inside the new park in South Chicago.
The Illinois Department of Financial and Professional Regulation last inspected South Chicago Chapel funeral home in October, 10 months before 56 decomposing bodies were found there.
The discovery of dozens of decomposing bodies at a Chicago funeral home run by a couple with a history of mishandling human remains has raised questions about how Illinois regulates the funeral home and crematory industries.
An arrest at a Lululemon athletic wear store in the Gold Coast neighborhood in Chicago led investigators to a crew that was exploiting unhoused people and responsible for thefts totaling $100,000.
José Urquidy pitched six innings of crisp, two-hit relief, rookie Braden Montgomery drove in two runs and the Chicago White Sox topped the crosstown Cubs 3-0 on Wednesday to salvage the finale of a three-game series at Wrigley Field.
Crow-Armstrong is the first player in MLB history with two leadoff home runs and a walk-off in a two-game span, and the 13th since 1900 to follow a walk-off homer with a leadoff shot.
NASCAR is calling off plans to bring its street race back to downtown Chicago in 2027, but is holding out hope for the event to return in the future.
A fight broke out in the stands at Wrigley Field during a Crosstown Classic game on Monday evening.
The Cubs snapped a two-game skid and ended the White Sox's three-game winning streak.
A man and woman were shot and killed in the middle of the day Wednesday on Chicago's West Side.
Federal officers found a moving pillowcase in a car that was seized at the U.S.-Mexico border. A collection of stolen exotic reptiles was inside.
A man was stabbed at the Chicago Transit Authority Green Line stop late Tuesday night.
Chicago police early Wednesday were looking for the person who stabbed a man and a woman in the Little Village neighborhood the night before, leaving the woman dead.
A man has been arrested and charged after authorities said he decided to make himself at home at the Macy's flagship store on State Street in downtown Chicago.
