Trump blames Biden for economy woes
President Trump urges patience even as the U.S. economy shrank for the first time since early in the COVID-19 pandemic during the first three months of this year.
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President Trump urges patience even as the U.S. economy shrank for the first time since early in the COVID-19 pandemic during the first three months of this year.
The economy shrank 0.3% in the first three months of the year, a steep downturn from the pace of growth in 2024.
Trump's ratings on economy are lower, but his deportation plan keeps majority support.
The U.S. stock market surged immediately after President Trump announced the pause on most of his new "reciprocal tariffs."
Illinois leaders want farmers and agricultural workers to know they have their backs when it comes to selling their good around the world, even amid President Donald Trump's escalating trade war.
President Trump announced the U.S. will impose a minimum baseline of 10% tariffs on goods imported from all foreign countries, along with further "reciprocal tariffs."
Stocks whipsawed on Monday on economic worries, ending the quarter with its worst performance in three years.
Most Americans say the matter of Trump administration officials discussing U.S. military plans on the Signal app is serious.
Job cuts spiked in February, marking their highest point since July 2020, due to firings of government workers directed by DOGE.
Canada, Mexico and China are hitting back with retaliatory tariffs. The moves raised fears of higher prices for U.S. consumers and a trade war.
A growing number of unemployed workers have been searching for a new job for more than 15 weeks, labor data shows.
Organizers of the protest said the current administration was warned of this out come if the War in Gaza persisted and U.S. funding to Israel continued. Meanwhile, as Charlie De Mar reports, immigrants' rights advocates are also concerned about what will happen in the new Trump administration.
CBS News polling showed that 45% of voters said their financial situation was worse today than it was four years ago.
"It's the economy, stupid," – A four-word strategy that helped Bill Clinton defeat incumbent President George H.W. Bush in 1992. Three decades later, the economy again was a driving factor in a presidential election. CBS News Chicago examined exit poll results and the way rising prices helped President-elect Donald Trump win his second term in office.
President-elect Donald Trump's vow to raise tariffs could have Americans paying more for goods, from toys to auto parts, experts say.
Trump also degraded the press, and doubled down on false claims of a stolen 2020 election.
The Federal Reserve just lowered its benchmark rate by 0.50 percentage points. Here's how the move could impact your finances.
Raising a child in the U.S. costs hundreds of thousands of dollars. Many younger Americans say they can't afford it.
The latest labor market data comes less than two weeks ahead of the Federal Reserve's decision on whether to cut interest rates.
The 142,000 jobs added in August is fewer than the expected 160,000. It's also the 44th consecutive month of job growth.
Vice President Kamala Harris will make her first visit to New Hampshire since 2021 where she is set to unveil another part of her economic plan. Trump is pushing to extend the tax cuts he and Republicans enacted years ago and will deliver a speech Thursday in New York about his plans.
Federal Reserve Chair Powell, speaking at a conference in Jackson Hole, Wyoming, said the timing and pace of rate cuts will depend on economic data.
Wall Street is increasingly jittery about the health of the U.S. economy. Here's what the experts say about the chances of a recession.
U.S. markets tumbled for a third consecutive trading day amid recession fears and tensions in the Middle East.
Stocks in the U.S. plunged for a third consecutive trading day, with the Dow Jones Industrial Average tumbling more than 1,000 points, amid growing fears of an economic downturn sparked by a sharp slowdown in hiring and weakening consumer spending.
A man was stabbed on a CTA Blue Line platform overnight on Chicago's West Side.
You might drive on part of the 77-mile stretch of Interstate 90 known as the Jane Addams Memorial Tollway, but do you know the story of the woman who it's named after?
People enjoyed Friday's warm weather while taking in an annual tradition provided by Mother Nature, as determined photographers sought to capture the perfect shot of "Chicagohenge" on the first day of spring.
Nathan MacKinnon had three assists in Colorado's 4-1 victory over the Chicago Blackhawks, helping the Avalanche become the first NHL team to clinch a playoff spot this season.
The Fighting Illini are dreaming of a trip to the Sweet 16 after a dominating win Thursday night against Penn. Next up for No. 3-seeded Illinois is a showdown with No. 11 seed VCU on Saturday night.
Chicago's public safety plan is in flux after Mayor Brandon Johnson fired his deputy mayor of community safety, Garien Gatewood.
The first Marine Expeditionary Unit, which is coming from the Pacific, is still making its way toward the region.
More Democrats are openly running on faith, as progressive clergy and other religious candidates push back on the idea that Christianity belongs to the right.
The Trump administration argued that Harvard unlawfully discriminated against Jewish and Israeli students, in violation of federal civil rights law.
Mayor Brandon Johnson has fired Garien Gatewood, his first deputy mayor for public safety, a position Johnson created just days after taking office in 2023.
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.
For Cook County residents hoping to lower their property tax bills, applications are open for exemptions.
Officials in the north Chicago suburb of Wilmette issued a warning Tuesday about scammers who are impersonating representatives of village departments.
The war with Iran is causing gas prices to surge, with motorists in Chicago and around the country guaranteed to feel the impact at the pump Monday morning.
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.
Illinois Gov. JB Pritzker on Monday announced a $1.5 billion investment from biotherapeutics company CSL for a new plasma therapy manufacturing plant in Kanakee.
When a doctor was told there was no cure for his daughter's condition, he was motivated to transform not only her health, but the lives of thousands of others.
Ann & Robert H. Lurie Children's Hospital announced this week that it is planning to open a new pediatric hospital in the west Chicago suburb of Downers Grove.
Hundreds of workers were locked out of the BP refinery in Whiting, Indiana, on Thursday after contract negotiations failed to produce a deal ahead of a midnight deadline.
The artificial intelligence and cryptocurrency industries have suffered a setback as they try to reshape the midterm elections and establish themselves as power players in American politics.
Wednesday marked the last day to help celebrate Lou Malnati's pizzeria's 55th birthday with a special deal.
Despite a rash of restaurant closures, veterans of the plant-based food business pushed back against prophecies of doom — and in one case argued that such closures notwithstanding, plant-based eating is only growing.
Two popular Chicago craft breweries – Half Acre Beer Co. and Maplewood Brewery & Distillery – announced on Tuesday they are merging to create a new "premier Chicago beverage company."
Chuck Norris' family said his death at 86 was sudden, but did not share any details on the cause.
ABC has canceled its already filmed season of "The Bachelorette" starring Taylor Frankie Paul after video surfaced of a 2023 incident in which she was charged with assault.
Acclaimed Chicago bar and music venue The Hideout has been sold to a performer and former employee, but the owners said it will carry on as the same beloved place that visitors have always known.
Afroman spoke to CBS News after he won the case, which tested the limits of parody and the license artists can take in social commentary directed at public figures.
The late Sister Jean has been honored with T-shirts, socks, and bobbleheads — and now her spirit lives on with a new documentary.
Meteorologist Mary Kay Kleist is tracking warm weather this weekend.
Man stabbed in hand on CTA Blue Line platform on Chicago's West Side
Chief meteorologist Albert Ramon has the latest First Alert Weather forecast.
You might drive on part of the 77-mile stretch of Interstate 90 known as the Jane Addams Memorial Tollway, but do you know the story of the woman who it's named after?
People enjoyed Friday's warm weather while taking in an annual tradition provided by Mother Nature, as determined photographers sought to capture the perfect shot of "Chicagohenge" on the first day of spring.
A Chicago man is charged with murder and arson in the death of Chicago firefighter Michael Altman.
As Chicago police continue to search for who shot Loyola University student Sheridan Gorman, her family visited the Rogers Park pier where she was killed.
Police in Barcelona said the death of Jimmy Gracey, a University of Alabama student from Illinois who went missing on vacation, was likely an accident.
A man was stabbed on a CTA Blue Line platform overnight on Chicago's West Side.
You might drive on part of the 77-mile stretch of Interstate 90 known as the Jane Addams Memorial Tollway, but do you know the story of the woman who it's named after?
United Steel Workers union representatives said that some workers had already had their access cards deactivated.
Have you ever walked into a business with no employees? You may soon; autonomous businesses are becoming more popular.
Streets were left pooled with rainwater, and homes flooded after Sunday night's storms. Residents say there is one clear solution
Attorneys for the family of a woman killed in a crash during a high-speed police chase in 2017 say officers involved failed to activate their body cameras or turned them off during the pursuit.
A new specialized unit is being created to prosecute domestic violence homicides in Cook County, as these killings surged 15% last year, even as overall violent crime declined across Chicago.
Nathan MacKinnon had three assists in Colorado's 4-1 victory over the Chicago Blackhawks, helping the Avalanche become the first NHL team to clinch a playoff spot this season.
The Fighting Illini are dreaming of a trip to the Sweet 16 after a dominating win Thursday night against Penn. Next up for No. 3-seeded Illinois is a showdown with No. 11 seed VCU on Saturday night.
David Mirkovic had 29 points and 17 rebounds, and No. 3 seed Illinois dominated No. 14 seed Penn 105-70 on Thursday night in the first round of the NCAA Tournament.
Connor Bedard scored a goal and defenseman Alex Vlasic made a game-saving stop as time ran out as the Chicago Blackhawks beat the Minnesota Wild 2-1 to snap the NHL's longest active point streak for one team against another.
James Harden scored 36, Evan Mobley added 26 points and 14 rebounds and Cleveland hung on to beat the Chicago Bulls 115-110 even though Cavaliers star Donovan Mitchell missed the game because of a bruised left eye.
A man was charged Thursday after a long police chase that alternated between high and low speeds on interstates through Chicago's north suburbs the day before.
The man who attacked a synagogue in Michigan last week sent a photo of himself with the AR-style rifle he had during the attack to a family member in Lebanon, according to a U.S. official.
A man from Chicago's northwest suburbs stood charged Tuesday with leaving the scene of a crash and driving drunk, after authorities said he hit a pedestrian overnight near Barrington, Illinois.
A man stood charged Tuesday in two separate shootings that wounded a Chicago police sergeant and a 63-year-old woman in the Pullman and Roseland neighborhoods this past weekend.
Jurors delivered their verdict Monday in the trial of Kouri Richins, a Utah mother accused of murdering her husband and later publishing a children's book about grief.
