UPDATED: Retail Sales Up, But Gas Prices May Ruin It
New numbers show retail sales are rising, but with soaring gas prices, the gains might be short-lived.
Watch CBS News
New numbers show retail sales are rising, but with soaring gas prices, the gains might be short-lived.
Gasoline prices continue to spike in Chicago, with one station now selling a gallon of unleaded regular for over $4 a gallon.
There is no question that everyone is feeling pain as they fill up but the last thing we need is gouging at the pump.
Gas prices continue climbing and we're all looking for deals. There's one way to save money, if you don't mind paying a fee to join a price club like Costco or Sam's Club.
Gasoline prices are surging to $4 a gallon because of tensions in the Middle East, and things could get worse, one expert says.
The chaos in Libya has caused oil prices to skyrocket. The average price of gas in Chicago on Wednesday was $3.39 a gallon. In Illinois, the average was $3.30.
The instability in Libya is roiling the energy market this morning.
Gas prices have marched upward steadily for the past two months, and a number of the auto executives attending the Chicago Auto Show say it is affecting what people want to see at the show and in the showroom.
The growing instability roiling the Middle East could drive up the price of gas in this country, a Chicago energy expert says.
Gasoline prices in Illinois are the highest they've ever been for this time of year, with no relief in sight.
Those jumping into a cab starting today should be aware that they will be paying about 50 cents more due to climbing gas prices.
If you've been driving throughout the Chicago area, you know gas prices are jumping. But experts predict the worst is yet to come. One former oil executive said we could see $5 a gallon in the next year. CBS 2's Jim Williams reports why we're seeing higher gas prices, and how Chicagoans are reacting.
Five months before the presidential election, this rating is disastrous for Obama – almost as disastrous as the lack of any results for America these past four years.
Gas prices have spiked in Chicago in the past week, and the falling dollar and the rising cost of oil are to blame, experts say.
The cost of gasoline is ready to gobble your Thanksgiving wallet.
Gas prices are leaving consumers less than thrilled right now. They're going up.
A Chicago police officer who survived a shooting at Swedish Hospital earlier this year made his first public appearance on Friday evening at a fundraiser to support his recovery.
Beach season is over in Chicago, but the Chicago River was the place to be on Friday morning, as local leaders, former Olympians, and everyday people took the plunge together.
Fuel prices continue to climb across the country, and that has U.S. Sen. Dick Durbin (D-Illinois) pointing the finger at President Trump.
The final weekend of summer is shaping up to be a wet one for Chicago, just as thousands of music fans head to Douglass Park for Riot Fest.
Americans are optimistic about scientific advances in AI, but concerned that AI may take jobs.
Fuel prices continue to climb across the country, and that has U.S. Sen. Dick Durbin (D-Illinois) pointing the finger at President Trump.
Americans are optimistic about scientific advances in AI, but concerned that AI may take jobs.
The vice president headlines a Council Bluffs rally Friday, his second Iowa stop this year. He's been one of the GOP's most visible midterm surrogates, with trips to Kansas, Wisconsin and Ohio.
Following more attacks on tankers in the Strait of Hormuz, Trump said he'll make a "big decision" on whether to "annihilate" Iran's leadership.
A day after Mayor Brandon Johnson's revised renter protection ordinance got the backing of a key City Council committee, a group of aldermen advanced a dueling proposal, setting up a potential showdown next week.
Fuel prices continue to climb across the country, and that has U.S. Sen. Dick Durbin (D-Illinois) pointing the finger at President Trump.
Nicor customers will get a break on their bills this fall after Illinois Attorney General Kwame Roul reached an agreement with the utility to cut $140 million from its requested rate hike.
Drivers in Chicago and beyond were paying the highest gas prices ever recorded for the Labor Day holiday as millions of Americans were making their way home on Monday.
Around 115 million domestic and international tourists visited Illinois last year, pushing visitor spending past $50 billion for the first time and generating more than $88 billion in total economic impact.
Illinois Attorney General Kwame Raoul filed a lawsuit Thursday against ABC Plumbing, Heating, Cooling & Electric Inc., alleging deceptive business practices.
Nearly half of Americans with medical debt owe at least $2,000, forcing them to make tough choices, new research shows.
A judge on Tuesday was expected to place two shuttered Chicago-area safety-net hospitals into receivership.
Cardinal Blase Cupich and a group of Catholic nuns have joined a federal lawsuit challenging Illinois' Medical Aid in Dying law, which is set to take effect in just over a week.
Flies have been everywhere this summer in the Chicago area, and some of them bite. But why is this happening?
Prime Healthcare is drawing criticism after announcing it will stop obstetrics services at three Chicago-area hospitals.
The future of Rate Field was back in the spotlight on Wednesday.
Plans for a new Chicago White Sox stadium in the South Loop have residents near the existing ballpark in Bridgeport concerned, not just because the team might be leaving, but also what might be coming nearby.
A new report from the University of Illinois Chicago said federal immigration enforcement led to $1.26 billion in unspent money at retail establishments and restaurants in Cook County.
Around 115 million domestic and international tourists visited Illinois last year, pushing visitor spending past $50 billion for the first time and generating more than $88 billion in total economic impact.
A new Whole Foods Market is coming to Chicago's Old Town neighborhood.
Duncan Sheik died on Thursday night, his family said.
Aaron Rowe, Beoga, Lukas Graham and Finneas all released statements Tuesday on Instagram saying they were withdrawing from Ed Sheeran's tour.
Performer Macklemore is being dropped from Ed Sheeran's Loop tour after making on-stage statements that some found controversial.
Dubbed the "Designer to the Stars," Bob Mackie won nine Emmy Awards, a Tony Award and was nominated for three Oscars.
The stage was set and the air was humid as rapper Ye, formerly known as Kanye West, took the stage for the first of two Chicago concerts at Soldier Field Thursday night.
A Plainfield electrician grew the biggest pumpkin ever recorded in Illinois in his own backyard, and it just won a championship weigh-off in Kentucky.
A flood watch is in effect for most of the Chicago area, including the city, as 2 rounds of heavy rain could bring 1 to 5 inches through Sunday.
A police officer in Eau Claire, Wisconsin, made a daring rescue, running into a burning townhouse to rescue a family.
Beach season is over in Chicago, but the Chicago River was the place to be on Friday morning, as local leaders, former Olympians, and everyday people took the plunge together.
Fuel prices continue to climb across the country, and that has U.S. Sen. Dick Durbin (D-Illinois) pointing the finger at President Trump.
A second person has been charged with killing a man by pushing him out of a moving CTA Red Line train last week on the South Side.
Six students from Lincoln-Way East High School in Frankfort, Illinois, accused of racially harassing students from Homewood-Flossmoor, are now leaving the school.
Darreon Plummer's flight to Washington state after Da'J Flowers was killed was itself evidence he committed the crime, the judge said, rejecting a defense request for electronic monitoring.
An unusual charge on an insurance letter led a woman to a bizarre medical office where mountains of unopened mail pile up and no employees have ever been seen.
A Chicago police officer who survived a shooting at Swedish Hospital earlier this year made his first public appearance on Friday evening at a fundraiser to support his recovery.
The village of Grayslake is touting a new massive data center, but neighbors say they weren't given an opportunity to make their voices heard before the project was approved.
A Cicero woman is suing Uber and a driver after the driver allegedly sexually assaulted her. She and her boyfriend said Uber hired him despite the driver having a criminal background.
Both hospitals were supposed to be placed in receivership, but after five hours of closed-door negotiations on Tuesday, it is still unclear what the future holds for both hospitals.
Chicago police crime data show 255 reported crimes in the last two years on the two blocks where the former Hard Rock and Rainforest cafés sit vacant. Neighbors have been calling the city about the alley between them for six years.
A three-year effort by the Cook County Sheriff's Office to help bring down crime on the Magnificent Mile in downtown Chicago appears to be working.
Munetaka Murakami hit his team-leading 32nd home run as the Chicago White Sox tied with Cleveland for first place in the AL Central with a 3-1 win over the Detroit Tigers.
Chicago Bears starting right tackle Darnell Wright returned to practice in a limited fashion on Thursday, a day after missing practice with a knee injury, but it's the defense that's getting some renewed focus after a rough opener against the Panthers.
The Chicago Blackhawks opened training camp with three-time Stanley Cup champion Patrick Kane back on the roster, bolstering their own hopes of returning to the postseason.
Armstrong homered to lead off the third, breaking Billy Williams' franchise record set in 1970.
Petey Halpin hit a three-run home run in the sixth inning, Parker Messick struck out eight and the Cleveland Guardians moved into first place in the AL Central with a 6-3 victory over the Chicago White Sox.
A second person has been charged with killing a man by pushing him out of a moving CTA Red Line train last week on the South Side.
Darreon Plummer's flight to Washington state after Da'J Flowers was killed was itself evidence he committed the crime, the judge said, rejecting a defense request for electronic monitoring.
Inside the home, owned by Eugene Horsch and connected to his father, R.C. Horsch, authorities have found a trove of digital images, a so-called laboratory of chemicals and a small marijuana grow operation.
Three girls have been charged with threatening a school in the west Chicago suburb of Addison, with two of them making a video depicting a shooting at the school, authorities announced Wednesday.
A Zion man has been charged in the shooting death of another man in July in north suburban Ingleside.
