Would Stocks "Crash" If Trump Were Impeached?
President Donald Trump thinks the stock market would "crash" if he were impeached and "everybody would be very poor." Wall Street analysts beg to differ.
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President Donald Trump thinks the stock market would "crash" if he were impeached and "everybody would be very poor." Wall Street analysts beg to differ.
While a lot of the newly employed hold white collar positions, industry experts say about half of the 200,000 are low-wage jobs.
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.
Nick Bohn and Molly Clyden have a forever bond, after she reached out to help him when he needed it most.
Organizations throughout Chicagoland have been racing to gather donations to help victims of the recent earthquake in Colombia.
Miguel Vargas homered twice, Tristan Peters and Munetaka Murakami went deep once each, and the Chicago White Sox beat the Detroit Tigers 9-5.
The founder of a popular youth outreach program in Englewood has been charged with grooming and sexually assaulting two girls
The discovery of dozens of decomposing bodies at a Chicago funeral home run by a couple with a history of mishandling human remains has raised questions about how Illinois regulates the funeral home and crematory industries.
Alyssa's Law requires all school districts to have a mobile panic alert system to automatically notify law enforcement during on-site emergencies.
Senate Democrats are demanding answers about conditions aboard the USS Abraham Lincoln during the aircraft carrier's record-setting deployment.
President Trump said Karoline Leavitt will be leaving her role to focus on her young family.
Chicago mayoral candidate John Kelly on Wednesday said the city has had enough of career politicians, and took some of his opponents to task for running for two offices at once.
David Crowley unexpectedly beat a progressive candidate in the Democratic primary for Wisconsin governor, and will face Republican Rep. Tom Tiffany on the ballot in November.
Illinois is one of 46 states that have reached a $15.5 million settlement with a Pennsylvania-based mortgage servicer for improperly imposing new insurance policies on homeowners who already had insurance.
The Trump administration is taking aim at power grid operator PJM Interconnection over rising electricity bills that affect Illinois and Indiana residents.
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.
The Illinois Department of Public Health is not adopting new federal child vaccine guidelines and will continue following recommendations by the American Academy of Pediatrics.
In a wide-ranging interview with the CBS News partner BBC News, Hunter Biden grew emotional as he discussed his father's condition, describing it as very sad to watch.
With the cyclosporiasis linked to iceberg lettuce growing and consumers wary of the products on grocery shelves, many in Chicago are turning to local farmers market for fresh and safe greens.
East Chicago, Indiana is being placed on a precautionary boil water advisory starting Monday morning for planned installations that could affect water safety.
A new Northwestern Medicine study on long COVID shows women show more neurological symptoms than men.
The Original Rainbow Cone celebrated its 100th anniversary on Sunday with a special event at its Beverly location.
The Shops at North Bridge on the Magnificent Mile announced plans Thursday for a multimillion-dollar renovation project.
While the building that housed the flagship Ann Sather restaurant on Belmont Avenue has been torn down, the renowned Chicago restaurant chain is now set to open a new Lakeview location.
Nationally, data centers used 17.4 billion gallons of water in 2023 — a figure projected to reach 72.6 billion gallons by 2028, raising concerns about states' water supplies.
Chicago's Wishbone Restaurant will soon be closing after 36 years in business.
Crews need about a week and a half to tear down the festival site before the city can begin its own inspection — and past cleanup costs have topped $1 million.
Vincent Pastore played Salvatore "Big Pussy" Bonpensiero on all six seasons of "The Sopranos," which aired from 1999 to 2007.
If weather forces an evacuation, shelter sites are located at Grant Park North, Grant Park South, and Millennium Lakeside Garages, accessible through the vehicle entrance on Michigan Avenue.
Grant Park was filled with tens of thousands of people Thursday for the start of Lollapalooza, as warm weather greeted festivalgoers on day one of the four-day music festival.
Academy Award-winning Irish singer-songwriter Glen Hansard has died in a motorcycle crash.
Chief meteorologist Albert Ramon has the latest First Alert Weather forecast.
Nick Bohn and Molly Clyden have a forever bond, after she reached out to help him when he needed it most. She gave him one of her kidneys after he was diagnosed with stage 5 renal failure. They were strangers at the time, but now they're not just friends, they're "kidney buddies for life."
Organizations throughout Chicagoland have been racing to gather donations to help victims of the recent earthquake in Colombia.
More than 170,000 NIPSCO customers were still without power Friday night in Northwest Indiana. For many, those outages have lasted three days and counting. One church went the extra mile Friday night to lend a helping hand.
The founder of a popular youth outreach program in Englewood has been charged with grooming and sexually assaulting two girls.
The discovery of dozens of decomposing bodies at a Chicago funeral home run by a couple with a history of mishandling human remains has raised questions about how Illinois regulates the funeral home and crematory industries.
Organizations throughout Chicagoland have been racing to gather donations to help victims of the recent earthquake in Colombia.
An arrest at a Lululemon athletic wear store in the Gold Coast neighborhood in Chicago led investigators to a crew that was exploiting unhoused people and responsible for thefts totaling $100,000.
Nick Bohn and Molly Clyden have a forever bond, after she reached out to help him when he needed it most.
Miguel Vargas homered twice, Tristan Peters and Munetaka Murakami went deep once each, and the Chicago White Sox beat the Detroit Tigers 9-5.
The discovery of dozens of decomposing bodies at a Chicago funeral home run by a couple with a history of mishandling human remains has raised questions about how Illinois regulates the funeral home and crematory industries.
An arrest at a Lululemon athletic wear store in the Gold Coast neighborhood in Chicago led investigators to a crew that was exploiting unhoused people and responsible for thefts totaling $100,000.
More violations at Chicago's Bohemian National Cemetery and Crematorium have surfaced, which is now under investigation for its role in mishandling bodies connected to the family that ran South Chicago Chapel.
Many unanswered questions remain after 56 decomposing bodies were found inside a Chicago funeral home last week.
A lawsuit on behalf of a man who was shot and killed by police in Humboldt Park in March claims a CPD officer fired deadly shots just after arriving at a controlled scene instead of de-escalating.
Miguel Vargas homered twice, Tristan Peters and Munetaka Murakami went deep once each, and the Chicago White Sox beat the Detroit Tigers 9-5.
Clay Holmes and three Cubs relievers combined on a three-hitter, and Seiya Suzuki hit a three-run homer Friday to send Chicago to a 3-0 win over the St. Louis Cardinals.
Gov. JB Pritzker said he believes the Chicago Bears would like to stay in Illinois, but said they haven't yet come to the legislature with a bill they want passed to address building a new stadium in Arlington Heights or elsewhere.
Cade Cavalli took a no-hitter into the seventh inning, and the Washington Nationals beat the Chicago Cubs 7-0 to avoid a three-game sweep.
Sal Stewart, Eugenio Suárez and Tyler Stephenson homered and the Cincinnati Reds held off the Chicago White Sox for a 9-8 victory.
The founder of a popular youth outreach program in Englewood has been charged with grooming and sexually assaulting two girls
Luigi Mangione entered a guilty plea in his federal case at a court appearance in Manhattan Friday morning.
A year-long investigation has led to an arrest in a fatal shooting in northwest suburban Des Plaines.
A man was due in court Thursday on charges of stabbing a woman to death in Chicago's Avondale community this week.
A man was set for a detention hearing Thursday in a shootout on Chicago's Near North Side.
