The AI bubble is leaking air, some economists say. Should investors worry?
AI has fueled a stock boom in recent years. Now, some Wall Street analysts think that epic run is coming to an end.
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AI has fueled a stock boom in recent years. Now, some Wall Street analysts think that epic run is coming to an end.
Strong hiring last month was driven by gains in education and in leisure and hospitality, with the nation's jobless rate remaining steady at 4.1%.
Getting it built was a priority for Gov. JB Pritzker, who pushed for big state funding for the Illinois Quantum and Microelectronics Park campus in South Chicago, where the 128-acre U.S. Steel South Works Plant once sat.
Americans think more young people in office would make politics better.
The typical American's paycheck has grown faster since 2019 than in any stretch since the early 1980s. But prices climbed nearly as fast, swallowing about 80% of the wage increase.
The rising cost of living and inflation are pushing consumers to buy fewer groceries, leading to a major slow down in sales for the U.S. grocery industry.
Trillions of wealth passed down by the baby boomers will likely go to younger Americans who are already rich. Here's how much they'll get.
Chicago set a record in tourist spending in 2025, the city's tourism marketing organization said Thursday.
The iPhone was introduced in 2007, the same year the U.S. birth rate started to slide. The issues could be linked, a new analysis finds.
The Consumer Price Index rose last month at a 4.2% annual rate amid a spike in U.S. energy prices.
New York Fed survey shows growing concern about household finances and the job market, even as the job market remains solid.
Consumers have kept the economy chugging along despite financial pressures. But some signs suggest they could be losing steam, experts say.
Economists say Americans should expect elevated prices at the pump and rising grocery costs in the months to come.
For now, fed policymakers left short-term interest rates where they are, between 3.5-3.75%.
Stocks fell sharply on Wall Street on Thursday as oil prices rose further because of the war with Iran.
U.S. motorists could soon see higher prices at the pump as oil prices surge following the attacks in Iran.
With affordability a key issue in this year's midterm elections, a recent CBS News poll found 74% of Americans say the trump administration isn't focused enough on lowering prices.
Several major retailers are now charging customers to return items even if they are unopened and in perfect condition.
CBS News polling shows most Americans disapprove of the president's handling of the economy, and Democratic leaders warn some Americans could face more financial challenges with rising health care costs.
The Federal Reserve is meeting to discuss a potential interest rate cut, with policymakers divided on the path ahead. As Lisa Rozner reports, this is happening as many Americans struggle to keep up financially.
Holiday spending is hitting new records, but some data shows that people are buying fewer items amid higher prices.
A CBS News poll shows most Americans feel prices have gone up in recent weeks. Still, many view holiday spending as essential.
A CBS News poll shows most Americans feel prices have gone up in recent weeks. Still, many view holiday spending as essential.
Des Moines Public Schools has released a report claiming it received an incomplete background check and a likely forged transcript when hiring former superintendent Ian Roberts.
Americans are paying significantly more for these food staples, price inflation data shows. Will inflation ever relent?
Chicago (86-69), which leads the major leagues with 214 home runs, began the day tied with Philadelphia and San Diego for the three NL wild cards.
Chicago police say three unknown suspects were traveling in a dark-colored Jeep sport utility vehicle and damaged 28 vehicles outside a parking lot.
The museum says the goal is to preserve the lives, experiences, and histories that live within those objects as part of a broader historical record.
Ed Sheeran opened his solo concert in Philadelphia on Saturday with comments about Gaza, saying what is happening there is "catastrophic and unjustifiable."
The defense said Katlar Parchman, 19, is a nursing assistant, goes to church, does community service, but was not the person who caused Kyle Bickham's death.
President Trump said Friday that three outlets would be banned from the White House, "effective immediately."
Fuel prices continue to climb across the country, and that has U.S. Sen. Dick Durbin (D-Illinois) pointing the finger at President Trump.
Americans are optimistic about scientific advances in AI, but concerned that AI may take jobs.
The vice president headlines a Council Bluffs rally Friday, his second Iowa stop this year. He's been one of the GOP's most visible midterm surrogates, with trips to Kansas, Wisconsin and Ohio.
The U.S. military has escorted one billion barrels of oil and over 2,000 commercial vessels out of the Persian Gulf in the last couple of months, the Pentagon said.
Fuel prices continue to climb across the country, and that has U.S. Sen. Dick Durbin (D-Illinois) pointing the finger at President Trump.
Nicor customers will get a break on their bills this fall after Illinois Attorney General Kwame Roul reached an agreement with the utility to cut $140 million from its requested rate hike.
Drivers in Chicago and beyond were paying the highest gas prices ever recorded for the Labor Day holiday as millions of Americans were making their way home on Monday.
Around 115 million domestic and international tourists visited Illinois last year, pushing visitor spending past $50 billion for the first time and generating more than $88 billion in total economic impact.
Illinois Attorney General Kwame Raoul filed a lawsuit Thursday against ABC Plumbing, Heating, Cooling & Electric Inc., alleging deceptive business practices.
Nearly half of Americans with medical debt owe at least $2,000, forcing them to make tough choices, new research shows.
A judge on Tuesday was expected to place two shuttered Chicago-area safety-net hospitals into receivership.
Cardinal Blase Cupich and a group of Catholic nuns have joined a federal lawsuit challenging Illinois' Medical Aid in Dying law, which is set to take effect in just over a week.
Flies have been everywhere this summer in the Chicago area, and some of them bite. But why is this happening?
Prime Healthcare is drawing criticism after announcing it will stop obstetrics services at three Chicago-area hospitals.
The future of Rate Field was back in the spotlight on Wednesday.
Plans for a new Chicago White Sox stadium in the South Loop have residents near the existing ballpark in Bridgeport concerned, not just because the team might be leaving, but also what might be coming nearby.
A new report from the University of Illinois Chicago said federal immigration enforcement led to $1.26 billion in unspent money at retail establishments and restaurants in Cook County.
Around 115 million domestic and international tourists visited Illinois last year, pushing visitor spending past $50 billion for the first time and generating more than $88 billion in total economic impact.
A new Whole Foods Market is coming to Chicago's Old Town neighborhood.
Duncan Sheik died on Thursday night, his family said.
Aaron Rowe, Beoga, Lukas Graham and Finneas all released statements Tuesday on Instagram saying they were withdrawing from Ed Sheeran's tour.
Performer Macklemore is being dropped from Ed Sheeran's Loop tour after making on-stage statements that some found controversial.
Dubbed the "Designer to the Stars," Bob Mackie won nine Emmy Awards, a Tony Award and was nominated for three Oscars.
The stage was set and the air was humid as rapper Ye, formerly known as Kanye West, took the stage for the first of two Chicago concerts at Soldier Field Thursday night.
The company said that Gemini managed to gain access to that company and two others by finding passwords online or guessing the login information.
Saturday marked the second of three days of fun with live entertainment, food, and, of course, beer. On Sunday, there will be a dog parade.
The event featured experts in workshops and presentations about parenting. Organizers say the event was created to remind moms that taking care of themselves isn't selfish, but essential.
There are 96 days until Christmas, but kids got into the holiday spirit early to audition for the 49th production of the play at the Goodman Theatre.
Journalists from MS NOW, CNN and Politico are seen walking away from the White House grounds after their press badges were revoked at the security post Saturday morning.
The defense said Katlar Parchman, 19, is a nursing assistant, goes to church, does community service, but was not the person who caused Kyle Bickham's death.
An off duty Cook County Sheriff's correctional officer was among 3 men injured in a shooting in River North.
Heavy rain and storms are prompting flooding concerns in the Chicago area.
Saturday's headliners, including Tool, Nas, Morrissey, Bad Religion and Bright Eyes, will now take place during the 6 p.m. hour.
Chicago police say three unknown suspects were traveling in a dark-colored Jeep sport utility vehicle and damaged 28 vehicles outside a parking lot.
The village of Grayslake is touting a new massive data center, but neighbors say they weren't given an opportunity to make their voices heard before the project was approved.
A Cicero woman is suing Uber and a driver after the driver allegedly sexually assaulted her. She and her boyfriend said Uber hired him despite the driver having a criminal background.
Both hospitals were supposed to be placed in receivership, but after five hours of closed-door negotiations on Tuesday, it is still unclear what the future holds for both hospitals.
Chicago police crime data show 255 reported crimes in the last two years on the two blocks where the former Hard Rock and Rainforest cafés sit vacant. Neighbors have been calling the city about the alley between them for six years.
A three-year effort by the Cook County Sheriff's Office to help bring down crime on the Magnificent Mile in downtown Chicago appears to be working.
Chicago (86-69), which leads the major leagues with 214 home runs, began the day tied with Philadelphia and San Diego for the three NL wild cards.
Chicago dropped into second in the AL Central after it blew a six-run lead in an 11-8 loss to Detroit on Friday night.
Hao-Yu Lee and Riley Greene each hit a two-run homer in a five-run eighth inning as the Detroit Tigers rallied from six down to beat the Chicago White Sox 11-8.
Jose Trevino lined a two-run single to right field with the bases loaded in the seventh inning and the Cincinnati Reds rallied for a 6-4 victory over the Chicago Cubs.
With heavy rain in the forecast on Saturday night, the White Sox have moved up their game against the Detroit Tigers.
An off duty Cook County Sheriff's correctional officer was among three men injured in a shooting during fight in River North early Saturday morning.
A man was found dead of an apparent self-inflicted gunshot wound after firing shots at an Indiana State Police trooper and fleeing the scene on Friday afternoon in rural LaPorte County.
A second person has been charged with killing a man by pushing him out of a moving CTA Red Line train last week on the South Side.
Darreon Plummer's flight to Washington state after Da'J Flowers was killed was itself evidence he committed the crime, the judge said, rejecting a defense request for electronic monitoring.
Inside the home, owned by Eugene Horsch and connected to his father, R.C. Horsch, authorities have found a trove of digital images, a so-called laboratory of chemicals and a small marijuana grow operation.
