Trump pauses most new tariffs for 90 days, increases China tariffs to 125%
The U.S. stock market surged immediately after President Trump announced the pause on most of his new "reciprocal tariffs."
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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.
Stocks in the U.S. fell 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.
This August, some changes could be coming to the way you buy and sell your home.
The annual income needed to afford even a basic home in the U.S. has risen sharply since the pandemic, a new report shows.
All inbound lanes of the Eisenhower Expressway are blocked at 25th Avenue by a crash and car fire after a police chase.
An Oswego, Illinois man has pleaded guilty to phishing hundreds of women's to get access to their Snapchats and steal, sell, trade and keep nude photos.
As Jesse Jackson Jr. campaigns for his old U.S. House seat at Chicago-area churches, banquet halls and on Black radio shows, he often takes a moment to address the obvious matter hanging over his political comeback.
Chicago police were involved in a shooting Thursday afternoon in the South Chicago neighborhood, according to the Civilian Office of Police Accountability.
Police in Kenosha, Wisconsin on Thursday were investigating a shooting that left one teen dead and another injured, while a third teen suffered a head injury.
As Jesse Jackson Jr. campaigns for his old U.S. House seat at Chicago-area churches, banquet halls and on Black radio shows, he often takes a moment to address the obvious matter hanging over his political comeback.
Illinois early voting for the 2026 primary begins for most counties in early February. Find out what your early voting dates are and where you can go cast a ballot below.
Chicago Ald. Daniel La Spata (1st) wants to hear from anyone who has strong feelings about food delivery robots.
Some polls opened up for early voting on Thursday, with less than six weeks to go until primary day in Illinois.
President Trump said he is directing all federal law enforcement to be at the "complete disposal" of Savannah Guthrie's family as the search continues for her mother, Nancy Guthrie.
This week marks Identity Theft Awareness Week, and Illinois Comptroller Susana Mendoza emphasized some safety tips Monday for avoiding and dealing with identity theft.
A controversial data center in Naperville, Illinois, could be the cause to pack a city council meeting there on Tuesday night.
Police in the west Chicago suburb of Geneva are warning of a scam involving spoofed phone numbers.
Protesters on Tuesday were cranking up the heat on Peoples Gas over a recently proposed rate hike that would add an additional $10 to $11 a month to utility bills.
A lawsuit filed late last month took Chicago-based McDonald's to task over the McRib sandwich, calling its name a form of false advertising.
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.
It has been nearly six years since the start of the COVID-19 pandemic, and one of the many questions doctors are still working to answer concerns the long-term effects.
Leaders from Cook County, the Illinois Department of Human Services, and the Greater Chicago Food Depository denounced changes to the Supplemental Nutrition Assistance Program on Wednesday.
The University of Chicago Medicine Comprehensive Cancer Center has received a grant from The Ralph Lauren Corporate Foundation for a new cancer center.
Chicago's Lurie Children's Hospital said Tuesday that it is no longer initiating gender-affirming medical treatment for minors.
A Near West Side diner known for drawing in Blackhawks fans and players is up for sale.
January may be the coldest time of the year, but Chicago is already looking forward to summer farmers' markets.
A development proposal issued this month calls for the replacement of a building housing a Giordiano's pizzeria in Chicago's Lakeview neighborhood with a new mixed-use building with 28 residential units.
United Airlines flight attendants picketed outside Chicago's Willis Tower Thursday morning as they fought for a new contract.
WSCR-AM, 670 The Score, will begin a simulcast on 104.3 FM next month.
The members of Ratboys were teenagers when they met by chance, and now in their 30s, the Chicago band formed by two college friends almost two decades ago appears to be on the brink of something big.
Chuck Negron, a founding member of Three Dog Night whose lead vocals powered a string of hits for one of the top rock acts of the late 1960s and early '70s has died. He was 83.
Bad Bunny used his Grammy acceptance speech on Sunday to denounce U.S. Immigration and Customs Enforcement and call for the end of the ongoing immigration crackdown.
The 2026 Grammy Awards recognized the best of the best in music from last year, with big wins for Kendrick Lamar and Bad Bunny. Here's the full list of winners and nominees.
Complete closure of the performing arts center in Washington, D.C., will start on July 4, Mr. Trump said. It's not yet clear how extensive the changes to the building might be.
Meteorologist Mary Kay Kleist has your 11 a.m. First Alert Weather forecast for Thursday, Feb. 5, 2026.
Adopt August and Archer from Border Tails Rescue.
Drivers who receive traffic tickets in suburban Cook County could soon see their cases move faster.
Minute Maid is discontinuing its frozen juice concentrates
Some polls opened up for early voting on Thursday, with less than six weeks to go until primary day in Illinois. Lauren Victory reports.
A 17-year-old boy is charged in a shooting that wounded seven teens downtown right after the city's Christmas tree lighting ceremony.
All inbound lanes of the Eisenhower Expressway are blocked at 25th Avenue by a crash and car fire after a police chase.
An Oswego, Illinois man has pleaded guilty to phishing hundreds of women's to get access to their Snapchats and steal, sell, trade and keep nude photos.
As Jesse Jackson Jr. campaigns for his old U.S. House seat at Chicago-area churches, banquet halls and on Black radio shows, he often takes a moment to address the obvious matter hanging over his political comeback.
Chicago police were involved in a shooting Thursday afternoon in the South Chicago neighborhood, according to the Civilian Office of Police Accountability.
Cynthia Eason recounted the moment Chicago police officers raided her family's home in 2018.
Water bills could be going up in several Chicago suburbs and other parts of Illinois, as Illinois American Water seeks a rate increase to fund infrastructure improvements.
The case involves a Chicago grandmother, her daughter, and her four grandchildren, who all said that Chicago police officers pointed guns at them during the botched raid.
Former Mayor Rahm Emanuel no longer will have to testify about an alleged "code of silence" at the Chicago Police Department, after a federal judge reversed an earlier ruling that would have allowed him to take the stand in a lawsuit over a botched police raid.
John H. Stroger Jr. Hospital of Cook County, the busiest trauma center in Illinois, is sounding an alarm, as doctors brace for an influx of patients because of federal funding cuts under the Trump administration's "One Big Beautiful Bill Act."
The Bulls on Thursday sent Ayo Dosunmu and Julian Phillips to the Minnesota Timberwolves in exchange for Rob Dillingham, Leonard Miller and four second-round picks, as first reported by ESPN and The Athletic.
Six players made 3s for Illinois, which shot 17 of 38 from behind the arc and had just two turnovers.
Spencer Knight made 16 saves for the Blackhawks, who have dropped five of six.
The Chicago Bulls are trading Coby White to the Charlotte Hornets, reports said Wednesday.
Chicago cut Milwaukee's lead to 90-84 late in the third quarter, but couldn't get any closer.
Chicago police were involved in a shooting Thursday afternoon in the South Chicago neighborhood, according to the Civilian Office of Police Accountability.
Police in Kenosha, Wisconsin on Thursday were investigating a shooting that left one teen dead and another injured, while a third teen suffered a head injury.
Chicago police on Thursday were investigating two attempted burglaries involving ATMs in two city neighborhoods in the early-morning hours.
Investigators have no proof that the missing mother of "Today" show host Savannah Guthrie is still alive but are holding out hope she is "still out there," the sheriff said.
A 17-year-old boy was charged Thursday in a shooting that wounded seven teens in front of the Chicago Theatre downtown right after the city's Christmas tree lighting ceremony in November.
