Economic Planning: 5 Ways To Prepare For A Downturn
Is your small business protected from even the slightest of downturns? Use these solutions to provide stability to your cash flow.
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Is your small business protected from even the slightest of downturns? Use these solutions to provide stability to your cash flow.
A local consulting company is estimating the economic impact will be about $90 million in the Chicago area.
Stocks closed higher on Thursday, with all three of the major indices posting record closes, as investors sifted through encouraging economic data ahead of Friday's key jobs report.
The Federal Reserve raised interest rates on Wednesday for the first time since last year. It is a good sign for the economy, but may be a bad sign for your budget.
Want to buy your first house, but the down payment and closing costs are too steep? The city wants to help, with a handout worth thousands of dollars. CBS 2's Mike Parker explains how you can cash in.
A University of Illinois Chicago study delivers a sobering assessment on job prospects for Chicago's teenagers of color.
There's at least one silver lining, CBS 2's Dorothy Tucker reports.
About 300 veterans and their family members showed up at Union Station today for a job fair.
With Houston about to overtake Chicago as the third most populous city in the nation, a local planning expert has offered some bold ideas for putting the boom back in the local economy.
The latest annual study finds traffic has recovered completely since the economy tanked in 2008, and five of the 20 most congested roads in the U.S. are in the Chicago area.
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.
Record heat and major air quality issues created by wildfire smoke were key topics as some of the top climate leaders from around the world gathered in Chicago this week for the Aspen Institute's annual climate summit.
A semi-trailer truck caught fire Tuesday afternoon at an intermodal freight terminal in southwest suburban Elwood.
Republican candidate for Illinois governor Darren Bailey is calling for greater transparency over nongovernmental organizations that receive at least $10,000 in state grants by making them subject to public records and open meetings requests.
Two piping plover chicks hatched at Waukegan Beach over the weekend.
Thirty percent of respondents said they shoplifted this year, with most citing affordability concerns and financial hardship.
Republican candidate for Illinois governor Darren Bailey is calling for greater transparency over nongovernmental organizations that receive at least $10,000 in state grants by making them subject to public records and open meetings requests.
Two independent Latino candidates seeking to run for retiring U.S. Rep. Jesus "Chuy" Garcia's seat in Congress won't appear on the ballot in November.
New search data shows "fascism" drew roughly 264,700 monthly searches nationally in 2026, but in Illinois the most-searched word definition was "bias."
President Trump is imposing 50% tariffs on a range of Canadian goods, from hockey equipment to alcoholic beverages, escalating the trade dispute between the two countries.
Parents of students in the Chicago Public Schools system had a chance Monday to weigh in on the next budget.
Chicago remained the most bed bug-treated city in the country, according to Orkin's latest annual rankings covering a full year of residential and commercial treatment data.
Illinois Attorney General Kwame Raoul this week warned residents cleaning up from last month's storms to be on the lookout for scams.
Illinois Gov. JB Pritzker on Thursday signed several new consumer protections into law, including a ban on junk fees.
CBS News Chicago has learned that Illinois home insurance premiums are not only higher than the nation's average, but going up faster too.
As an alternative to legalizing video gambling terminals citywide, Bally's offered to open slot machine lounges at O'Hare and Midway, saying the move would replace the $6.8 million the city budgeted from VGTs.
A new Northwestern Medicine study on long COVID shows women show more neurological symptoms than men.
A lettuce supplier to fast-food giant Taco Bell has been linked to a nationwide cyclosporiasis outbreak that has sickened thousands of people, the CDC said.
Chicago just barely made the top 20 in the American College of Sports Medicine's 2026 ranking of the country's fittest cities.
In a major turnaround in the opioid crisis, overdose deaths are falling across Chicago and Cook County.
The north Chicago suburb of Glenview became the latest Illinois municipality this week to confirm mosquitoes testing positive for the West Nile virus this year.
Illinois American Water and Aqua Illinois are both seeking rate increases that would raise monthly bills by as much as $28, while their parent companies seek regulatory approval to merge — a deal a consumer watchdog says would give one company control of nearly all regulated water customers in the state.
The Federal Trade Commission and attorneys general from several states secured a right-to-repair settlement Wednesday with agriculture equipment giant Deere & Co. — commonly known as John Deere — that requires the company to let farmers and independent shops fix their own equipment.
Chicago Soul Café opened Monday at 6248 S. St. Lawrence Ave.
The Chicago Bears this weekend said they are assessing land at Wolf Lake Terminals in Hammond, Indiana, for a possible new stadium.
As an alternative to legalizing video gambling terminals citywide, Bally's offered to open slot machine lounges at O'Hare and Midway, saying the move would replace the $6.8 million the city budgeted from VGTs.
Christopher Nolan's "The Odyssey" is the first film shot entirely on 70mm IMAX cameras, and Cinemark Seven Bridges in Woodridge is 1 of roughly 30 theaters nationwide equipped to show it that way.
Brenda Fricker won an Academy Award for 1989's "My Left Foot," played the Pigeon Lady in "Home Alone 2" and appeared in "A Time to Kill" and "So I Married an Axe Murderer."
The actor's agent said he was providing more information following news reports "which contain inaccuracies and outright falsehoods."
New Zealand actor Sam Neill, known for "Jurassic Park" and "The Piano," died Monday at 78, his family says.
The 46th Taste of Chicago is cashless for the first time, accepting only credit cards, with a drone and fireworks show scheduled for approximately 9:15 p.m. Friday near Buckingham Fountain.
The storm system is expected to bring up to 8 inches of rain to the area. It's expected to arrive by Wednesday.
The man who was attacked by a bison at Yellowstone National Park earlier this month is opening up about the terrifying moment he was thrown 8 feet into the air by the animal.
At least 14 incidents took place in the early morning hours on July 6, 16 and 20 in several neighborhoods, including Garfield Ridge, Archer Heights and Gage Park.
Record heat and major air quality issues created by wildfire smoke were key topics as some of the top climate leaders from around the world gathered in Chicago this week for the Aspen Institute's annual climate summit.
A semi-trailer truck caught fire Tuesday afternoon at an intermodal freight terminal in southwest suburban Elwood.
A bar on Lincoln Avenue in Chicago's Lincoln Park community was shut down by Chicago police Tuesday morning, days after a fight broke out at a party in the bar and led to a fatal shooting.
Four beluga whales rescued from a defunct Canadian theme park have arrived safely at the Shedd Aquarium in Chicago.
Record heat and major air quality issues created by wildfire smoke were key topics as some of the top climate leaders from around the world gathered in Chicago this week for the Aspen Institute's annual climate summit.
A semi-trailer truck caught fire Tuesday afternoon at an intermodal freight terminal in southwest suburban Elwood.
Republican candidate for Illinois governor Darren Bailey is calling for greater transparency over nongovernmental organizations that receive at least $10,000 in state grants by making them subject to public records and open meetings requests.
Record heat and major air quality issues created by wildfire smoke were key topics as some of the top climate leaders from around the world gathered in Chicago this week for the Aspen Institute's annual climate summit.
Police say a man and a woman were last seen speaking with the victim before the shooting.
Neighbors in the Avalon Park neighborhood said their community has been plagued by squatters, weeds, rats, and water leaks – all thanks to an abandoned home that's been sitting vacant for years.
Chicago has been feeling the heat this week, with highs in the 90s the past five days, but officials are making moves to cool off some of the hottest parts of the city, specifically Chicago Park District fieldhouses where many turn to keep cool.
Gene Rush survived throat cancer, but he didn't survive a trip to the Porter County Jail over 4th of July weekend. His family said jail staff failed to provide lifesaving medical care.
All eyes are on Chicago as the city gets set to host the WNBA All-Star Weekend for the second time.
Chicago right-hander Jameson Taillon allowed four runs and five hits over 4 1/3 innings in his first big league start since June 7.
Benintendi was hitless in 10 at-bats against deGrom before hitting a two-out, 2-2 pitch to right field to give the AL Central-leading White Sox a 5-2 lead.
Spain topped Argentina in extra time, one-nil, after playing scoreless for 90 minutes at MetLife Stadium in New Jersey.
Jordin Canada didn't score a point in the first half. With 0.3 seconds on the clock and the game tied at 91, she scored the biggest basket of the night.
A bar on Lincoln Avenue in Chicago's Lincoln Park community was shut down by Chicago police Tuesday morning, days after a fight broke out at a party in the bar and led to a fatal shooting.
A man was shot and wounded early Tuesday in the Wentworth Gardens public housing development just south of Rate Field.
Charges were pending Tuesday morning for a man accused of shooting a woman and a Chicago police SWAT officer in Chicago's Albany Park community the day before.
A man stabbed two tourists near the ancient Acropolis in Athens, Greece's top tourist attraction, police said.
A man was shot and killed in a fight in Chicago's Lincoln Park neighborhood Sunday night.
