Iran war could drive up food prices, shipping costs, and more
As the war with Iran continues, gas prices have surged, and it's been a rollercoaster on the stock market, but there are other price swings at play that might be less obvious.
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As the war with Iran continues, gas prices have surged, and it's been a rollercoaster on the stock market, but there are other price swings at play that might be less obvious.
United Airlines has cut down of its flights temporarily due to rising jet fuel costs amid the U.S.-Israel war with Iran.
The president threatened to "obliterate" Iranian power plants if Iran didn't reopen the Strait of Hormuz by late Monday night Eastern Daylight Time.
The war with Iran is causing gas prices to surge, with motorists in Chicago and around the country guaranteed to feel the impact at the pump Monday morning.
The increase comes ass global oil prices surge amid the escalating conflict involving Iran, a key player in the world's energy supply. Darius Johnson reports.
At a Shell gas station at Armitage and Damen avenues near the Kennedy Expressway Monday morning, prices hit $4.69 per gallon. Darius Johnson reports.
The war with Iran is causing gas prices to surge, with motorists in Chicago and around the country guaranteed to feel the impact at the pump Monday morning. Darius Johnson reports.
Crude oil surpassed $114 a barrel as the Iran war impedes production and shipping.
There's no relief in sight for drivers at the pump as the war in Iran is directly driving up the cost of gas. Analysts expect more of the same unless something changes soon.
CBS News Business Analyst Jill Schlesinger has some information on how the war against Iran could affect finances and gas prices, and what you can do to protect yourself.
U.S. motorists could soon see higher prices at the pump as oil prices surge following the attacks in Iran.
Drivers in the Chicago area can expect to start paying more at the pump this week, as oil prices have spiked amid the U.S.-Israeli war on Iran.
Iran controls part of the Strait of Hormuz, a critical shipping lane where about 20 million barrels of oil flow every day, and it’s the world’s sixth-largest oil producer.
If approved, the average customer would pay an extra $10 to $11 per month.
Some local gas stations as of Tuesday afternoon were posting prices of $4 per gallon for regular unleaded, and more than $5 for premium.
An outage at the BP Whiting Refinery in Northwest Indiana during drenching storms last week is believed to be connected to the spike. Sara Machi reports.
Gas stations as of Tuesday afternoon in Chicago were posting prices of $4 per gallon for regular unleaded, and more than $5 for premium. Sara Machi reports on why that's happening.
An Illinois representative has introduced legislation to tax road mileage as the state sees less revenue from the gas tax.
An Illinois representative has introduced legislation to tax each mile you drive as the state sees less revenue from the gas tax.
While the tariffs on Mexico and Canada have been paused, there was still concern late Monday about what happens next month if the tariffs go ahead in a month.
The tariffs in Canada and Mexico were paused Monday, but gas and lumber are two of the big commodities that would potentially be impacted if they go ahead. Megan Hickey reports.
President Trump's tariffs against Mexico and Canada have been paused, but there is concern about the effects in particular on the gas and lumber industries if they go ahead. Megan Hickey reports.
On Monday, President-elect Trump specifically promised a 25% tariff on all products coming from Mexico and Canada—in addition to a 10% levy on Chinese goods.
Just because those tariffs are not targeted at American consumers does not mean American consumers’ wallets won’t be affected. Sabrina Franza reports.
An over 11% increase compared to last Thanksgiving is expected at O'Hare Airport.
Just over two weeks until more than a million students across Illinois will head back to their classrooms.
Two people were injured after a crash involving an ambulance on I-57 in Calumet Park on Thursday night.
The Boston Red Sox rallied to beat the Chicago White Sox 12-11 Thursday night in a game that lasted more than four hours.
University of Illinois researchers have found a correlation between more green spaces and less violence in neighborhoods. A group in Chicago is planting trees with the mission to bring beauty and safety to the whole city.
After an incident involving a helicopter landing for prom in a public park in south suburban Markham, city officials are taking new steps to gain control of the park district.
As Chicago's civilian police oversight body begins the process of searching for a new police superintendent, it has scheduled a series of meetings to gather public input.
Federal officials who want immigration agents to detain and deport Cook County Jail inmates have threatened Sheriff Tom Dart with prosecution if he doesn't give them access.
The Supreme Court in June struck down President Trump's earlier executive order aimed at ending birthright citizenship.
Republican Sen. Mitch McConnell of Kentucky was hospitalized on June 14.
The Senate Homeland Security Committee voted to hold Dr. Anthony Fauci in contempt of Congress over his refusal to answer questions during testimony before the committee last week.
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.
CBS News Chicago has learned that Illinois home insurance premiums are not only higher than the nation's average, but going up faster too.
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.
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.
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.
The Old Town Pour House isn't in its namesake neighborhood anymore, but it's returning to the central area of Chicago — specifically in the Loop.
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.
Chicago authorities are investigating a Chicago funeral home after more than 50 decomposing bodies were found in the facility. "I live right next door," Neighbor Valkiery Velez told CBS News Chicago. "I lived there for like a year, so like I could smell it the whole year."
As students head back to the classrooms, the state sales tax drops starting Friday.
Meteorologist Laura Bannon is tracking rain in the Chicago area.
Chief meteorologist Albert Ramon has the latest First Alert Weather forecast.
University of Illinois researchers have found a correlation between more green spaces and less violence in neighborhoods. A group in Chicago is planting trees with the mission to bring beauty and safety to the whole city.
An investigation was underway Thursday evening at a Far South Side funeral home, after more than 50 decomposing bodies were found in the facility.
Just over two weeks until more than a million students across Illinois will head back to their classrooms.
Federal agents who want to detain and deport Cook County Jail inmates have threatened Sheriff Dart with prosecution if he doesn't give them access.
Two people were injured after a crash involving an ambulance on I-57 in Calumet Park on Thursday night.
University of Illinois researchers have found a correlation between more green spaces and less violence in neighborhoods. A group in Chicago is planting trees with the mission to bring beauty and safety to the whole city.
University of Illinois researchers have found a correlation between more green spaces and less violence in neighborhoods. A group in Chicago is planting trees with the mission to bring beauty and safety to the whole city.
Security video captured the moment a utility pole fell in a parking lot behind a La Grange Park, Illinois, animal hospital, igniting a fire that destroyed multiple cars.
An Illinois Tollway glitch that left thousands of drivers with unexpected warnings about unpaid tolls stemmed from an extra digit in codes within the system's computers, according to records obtained through a Freedom of Information Act request.
A South Holland woman said she was left high and dry after paying thousands of dollars to have her swimming pool fixed, only for the contractor to vanish.
An Elgin man has seen what he thought was the deal of a lifetime turn into weeks of frustration after a fake tracking number scam left him without goods or a refund after buying a game system on eBay.
The Boston Red Sox rallied to beat the Chicago White Sox 12-11 Thursday night in a game that lasted more than four hours.
Pete Crow-Armstrong scored on a throwing error in the 11th inning after Alex Bregman hit a two-strike, two-out homer in the ninth, and the Chicago Cubs rallied for a 3-2 win over the Toronto Blue Jays.
Wilyer Abreu homered for the fourth time in three games and the surging Red Sox beat the White Sox 4-0 on Wednesday night.
Chicago Bears right tackle Darnell Wright is very grateful for his historic four-year, $116 million contract extension. Wright thanked general manager Ryan Poles, who used his first 1st round draft pick to pick Wright 10th overall in 2023.
Chicago State University's new football team is just a couple weeks away from the first game of the Cougars' inaugural season.
A man has been charged with breaking into a home in west suburban Darien before leading police on a high-speed chase to his own home in southwest suburban Homer Glen.
Police in the southwest Chicago suburb of Lockport were investigating a crash-and-grab burglary at a pizzeria early Thursday.
Chicago police on Thursday were investigating a break-in at a bar in the Garfield Ridge neighborhood.
A candy store in Chicago's West Ridge community was burglarized early Thursday morning.
The Milwaukee mosque leader's former Israeli attorney testified in immigration court that Sarsour was coerced into confessions and was never convicted of any charge linking him to a terrorist organization.
