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.
History is found in many places, including a distillery in the south suburbs.
In an odd twist to a January home invasion, the victim is now in jail on charges related to the crime.
Six months after a well-known charter boat captain was found dead at DuSable Harbor in downtown Chicago, a man has been charged with his murder.
There are many ways to celebrate Black History Month, but in Bolingbrook a very special event has been put on a by a very special group of people for nearly 30 years.
As immigration sweeps expand nationwide, the work of justifying detentions is overwhelming federal prosecutors, who are being forced to sideline a range of other cases in order to keep pace.
As immigration sweeps expand nationwide, the work of justifying detentions is overwhelming federal prosecutors, who are being forced to sideline a range of other cases in order to keep pace.
Marimar Martinez, the Chicago woman shot five times by a Border Patrol agent in October, plans to attend President Trump's State of the Union address to Congress later this month, according to her attorney.
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.
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.
A west suburban daycare worker is accused of giving laxatives to toddlers and telling the children it was candy.
Meteorologist David Yeomans has the latest First Alert Weather forecast.
There's no feeling like coming home to a clean house. Just ask the penguins at the Shedd Aquarium.
History is found in many places, including a distillery in the south suburbs, where a distillery owner discovered a gun in a hole in a wall -- and it could be linked to Al Capone.
A man died after he was hit by a car in northwest suburban Rolling Meadows on Wednesday at an intersection known for being dangerous.
Six months after a well-known charter boat captain was found dead at DuSable Harbor in downtown Chicago, a man has been charged with his murder.
A daycare worker is accused of giving children laxatives in St. Charles, Illinois.
Marimar Martinez, the Chicago woman shot five times by a Border Patrol agent in October, plans to attend President Trump's State of the Union address to Congress later this month, according to her attorney.
A 17-year-old boy is charged in a shooting that wounded seven teens downtown right after the city's Christmas tree lighting ceremony.
History is found in many places, including a distillery in the south suburbs.
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.
Six months after a well-known charter boat captain was found dead at DuSable Harbor in downtown Chicago, a man has been charged with his murder.
Three people were in custody Thursday afternoon after a Chicago police officer fired at a suspect who ran from a stolen car that had hit a squad car.
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.
