Stock Market Free Fall: What Should You Do?
Shock waves on the stock market as the three main U.S. indices suffered one of the steepest selloffs in years.
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Shock waves on the stock market as the three main U.S. indices suffered one of the steepest selloffs in years.
The fair was open to a variety of construction jobs, including pipefitters, operating engineers, electricians, represented by 22 labor unions.
CBS 2's Jim Williams reports there's one sector apparently booming again: manufacturing.
Chicago remains the third largest city in the U.S., but Census data show it's the slowest-growing of the top 10 cities with populations of 1 million or more.
A majority of those voters were pessimistic about the city's economy as they hit their polling places.
We're not talking about record profits for these small businesses. It's more about a confident feeling that the economy is chugging along at a pace where they can expand. CBS 2's Vince Gerasole reports.
The stock market delivered an early Christmas present, closing above the 18,000 mark for the first time.
Governor-elect Bruce Rauner remained mum Wednesday when it came to specifics for his short-term economic plans for Illinois, ahead of a meeting with the state's top lawmakers.
President Barack Obama became the first sitting president to visit the campus of Northwestern in 60 years as he delivered a speech on the economy there Thursday afternoon.
Northwestern University was preparing for a visit Thursday afternoon by President Barack Obama, who will be the first sitting president to visit the Evanston campus in 60 years.
We hear so much about the improving economy and that more people are working. In fact the national unemployment rate is 6.3 percent now, much lower than during the recession a few years ago.
State Sens. Bill Brady and Kirk Dillard, businessman Bruce Rauner and Treasurer Dan Rutherford faced off in a debate that focused heavily on Illinois' struggling economy and how to improve its business climate.
Big bucks -- that's what this week's passage of the Illinois same-sex marriage bill may mean for the city and the state. CBS 2's Dana Kozlov explains.
Hundreds of community activists gathered Tuesday evening at the UIC Forum to discuss ways to create jobs, provide better schools, change the state's tax structure and redirect budget priorities.
It used to be people hung on to their jobs as long as possible, spending decades with the same company. Today, more workers are leaving jobs rapidly. Believe it or not, it's a sign the economy is getting better.
It's one of the growing pains of an improved economy. CBS 2's Ed Curran reports.
Young people right out of college call it a crisis as the unemployment rate among the millennials is high. CBS 2's Jim Williams reports there is a profession with lots of job openings, but the work is very demanding.
We've seen signs the economy is improving, but a new report today reveals many people here in the Chicago area are still struggling and the number is growing.
No doubt, you've heard of the mid-life crisis. It affects people in their 40s and 50s. But did you know there's a quarter-life crisis, too? It's hitting the youngest adults.
Skokie Democrat Jan Schakowsky says the lower unemployment figures are welcome as far as they go, which isn't quite far enough.
A University of Chicago economist says sequestration might help a bit, certainly will not hurt nearly as badly as the administration is warning, reports WBBM's John Cody.
CBS 2's Dorothy Tucker shows you 10 local jobs for which the demand to fill is greater than the supply of applicants. She'll tell you what you need to get hired.
Employers hired 146,000 workers last month, nearly twice as many as analysts expected, dropping the jobless rate to 7.7 percent. CBS 2's Chris Martinez reports.
Three Chicago police officers were taken to the hospital overnight Saturday into Sunday after they were involved in a crash in Chicago's North Lawndale neighborhood.
A fire that started in a garage ended up destroying a house in the north Chicago suburb of Lincolnwood early Sunday.
Gunfire rang out at a bar in Austin, Texas early Sunday and at least three people were killed and 14 wounded, three critically, authorities said.
At Federal Plaza, demonstrators expressed concern following the military operation in Iran that killed the country's supreme leader and the impact it may have going forward.
While some people are protesting the attack on Iran, other Chicagoans are celebrating it.
President Trump posted on social media that Iranian Supreme Leader Ayatollah Ali Khamenei had been killed after a massive U.S. and Israeli military operation Saturday.
Americans weighed in on how long a conflict with Iran might last and what Congress should do.
Trump ally Sen. Lindsey Graham said the operation would be "violent, extensive and I believe, at the end of the day, successful."
President Trump says his objective in attacking Iran "is to defend the American people by eliminating imminent threats" from the regime in Tehran. Read his full statement and watch the video here.
President Trump said that "heavy and pinpoint bombing" of Iran would "continue, uninterrupted throughout the week or, as long as necessary."
Palatine, Illinois-based Weber has issued a recall of more than 3.2 million metal wire bristle grill brushes because you could ingest the bristles.
This is after Mayor Brandon Johnson vetoed an ordinance that would have banned most hemp-derived products this weekend.
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.
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.
Not one, but two hotels are now planned or proposed for Chicago's Northalsted LGBTQ+ nightlife district.
After the Double Door closed in Wicker Park, there was reassurance that the Double Door would return, at a new location in the city's Uptown neighborhood. Now that is not happening anymore.
Barnes & Noble was set to reopen in Skokie on Wednesday, just weeks after it closed.
Trader Joe's is opening a new location in Chicago's Logan Square neighborhood.
The district laid out a $630 million plan to remake Soldier Field into a major concert venue and events space.
Singer-songwriter Neil Sedaka, known for his hits like "Laughter in the Rain," "Breaking Up is Hard to Do" and "Calendar Girl," has died.
A 19th-century George Méliès film, thought to be long lost, has been found among a box of brittle movie reels that a Michigan donor brought to the Library of Congress, officials said.
Streaming giant Netflix declined to match Paramount Skydance's $31 per share offer for Warner Bros. Discovery.
After the Double Door closed in Wicker Park, there was reassurance that the Double Door would return, at a new location in the city's Uptown neighborhood. Now that is not happening anymore.
The Rock & Roll Hall of Fame has announced its 2026 list of nominees, including Phil Collins, Mariah Carey, Wu-Tang Clan and more.
Meteorologist Carl Lam has your 6 a.m. First Alert Weather forecast for Sunday, March 1, 2026.
Three Chicago police officers were taken to the hospital overnight Saturday into Sunday after they were involved in a crash in Chicago's North Lawndale neighborhood.
Officials at the scene said no one was hurt in the fire, but the house was a total loss.
Gunfire rang out at a bar in Austin, Texas early Sunday and at least three people were killed and 14 wounded, three critically, authorities said.
Some people in Chicago protested the attack on Iran and said they don’t want another war, but others are celebrating the news as airstrikes killed the supreme leader. Asal Rezaei reports.
President Trump said that "heavy and pinpoint bombing" of Iran would "continue, uninterrupted throughout the week or, as long as necessary."
Illinois and Chicago communities are reacting after the United States and Israel announced a major military operation against Iran early Saturday.
Three Chicago police officers were taken to the hospital overnight Saturday into Sunday after they were involved in a crash in Chicago's North Lawndale neighborhood.
Gunfire rang out at a bar in Austin, Texas early Sunday and at least three people were killed and 14 wounded, three critically, authorities said.
A fire that started in a garage ended up destroying a house in the north Chicago suburb of Lincolnwood early Sunday.
If you feel like you're drowning in a sea of text alerts and desperate email pleas for "just $5" this election season, you are far from alone.
A north suburban school bus driver became a victim of sophisticated scammers who are targeting more people and more vulnerable populations to make more money.
Both couples are still actively fighting for their kids, knowing it will be a long and complicated road.
The mother of an 8-year-old boy who was allegedly put in a chokehold and dragged by the neck by a Chicago Public Schools employee hopes her lawsuit and choice to speak out will help protect students in the future.
A jury on Wednesday awarded $5.74 million in damages to a Chicago family who accused police of violating their civil rights in a botched raid of their home in 2018.
The win extended Chicago's unbeaten streak against Canadian opponents to six matches dating to 2024.
Connor Bedard scored for Chicago, which has lost eight of nine and continues to struggle to score.
Morez Johnson Jr. had 19 points and 11 rebounds against his former team as No. 3 Michigan defeated No. 10 Illinois 84-70 and clinched Big Ten regular-season title.
It's already been a historic season for the University of Chicago men's basketball team, and they still have one big goal out in front of them.
Ryan O'Reilly scored with 3:16 remaining and the Nashville Predators scored three times in the third period in a 4-2 win over the Chicago Blackhawks in the teams' first game following the Olympic break.
Gunfire rang out at a bar in Austin, Texas early Sunday and at least three people were killed and 14 wounded, three critically, authorities said.
A judge has sentenced a Wisconsin man who forged threats against President Donald Trump as part of a deportation scheme to 16½ years in prison.
A man has been charged with shooting and killing a father and son following a jewelry store robbery last November in the Little Village neighborhood of Chicago.
Two men are charged with filing a false police report, claiming they were robbed of millions of dollars worth of jewelry.
Chicago police issued an alert Thursday about a rash of criminal sexual assaults that have happened on one block on Chicago's West Side, committed by a man who lures his victims by setting up dates through an escort app.
