Iran peace agreement could bring relief at gas pump
President Trump said he has made a “great deal” for peace with Iran, but nothing has been signed just yet. Lauren Victory reports.
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President Trump said he has made a “great deal” for peace with Iran, but nothing has been signed just yet. Lauren Victory reports.
President Trump says the Strait of Hormuz will open, and a U.S. naval blockade on Iran will be lifted, once the deal is signed at the end of the week. Lauren Victory reports.
Experts at GasBuddy say the next few days will be very telling, especially if traffic begins moving in the Strait of Hormuz.
They say if the deal progresses in the right direction, we could see gas prices dip below $3.75 a gallon before the July 4th holiday.
Travel editor Peter Greenberg weighs in on gauging gas prices impacting passengers.
President Trump said the U.S. has taken out "millions" of barrels of Iranian oil in the dead of night, and said inflation will come down when the war ends.
Inflation across the U.S. accelerated in May as the shock to global energy supplies from the Iran war continued to push prices higher. The Consumer Price Index rose at an annual rate of 4.2%, up from 3.8% in the prior month and marking the highest level since April 2023.
As thousands of Chicagoans wrap up road trips over the Memorial Day holiday weekend, gas prices in the city have reached the highest levels seen in four years.
We know Memorial Day weekend is the symbolic start of summer, and a lot of Americans are on the move. But prices for things like travel, and the foods you might buy for your summer cookouts, are going up. Shanelle Kaul reports on just how much.
One week away from Memorial Day weekend and the unofficial start of the summer travel season, with gas prices remaining high, negotiations were set to resume Monday at the largest oil refinery in the Midwest. Victor Jacobo reports.
Chicago and surrounding areas have felt climbing gas prices more acutely lately due to some refinery issues, but resolving those won't necessarily be enough to stop the skyrocketing.
Chicago and surrounding areas have felt climbing gas prices more acutely lately due to some refinery issues, but resolving those won't necessarily be enough to stop the skyrocketing.
Chicago area drivers, some nearly on empty, are heading to Indiana, where there's been a big drop in gas prices in the past week.
President Donald Trump is signaling both a possible escalation over Iran and new efforts to ease pressure at the gas pump.
Indiana's governor announced the suspension of the state's gasoline excise tax, which is 36 cents a gallon. On top of that, he also extended the usage tax suspension for another 30 days, which is 23 cents for the month of May.
President Trump has rejected Iran's latest ceasefire proposal, calling it "totally unacceptable." Oil prices jumped further in the wake of his rejection.
Americans on tight budgets are getting hit especially hard by surging fuel costs, forcing some to make hard choices.
Gas prices are now 52% higher than prior to the Iran war, with drivers paying $1.56 more per gallon, data shows.
The Meals on Wheels program in DuPage and Kane counties is feeling the effect of high gas prices, especially among the volunteers they rely on to help get meals to senior citizens in need.
The Meals on Wheels program in DuPage and Kane counties is feeling the effect of high gas prices, especially among the volunteers they rely on to help get meals to senior citizens in need.
Rideshare drivers say it's getting difficult to continue working as gas prices surpass $6 in the city.
Rideshare drivers say it’s hard to make a livable wage as gas prices continue to climb amid the war with Iran.
Gas prices in Chicago have risen 62 cents a gallon in the past week. A gallon of regular gas is more than $6 in some neighborhoods, and the Illinois average is almost 50 cents above national average.
Chicago gas prices jumped up 62 cents in just the past week. In some neighborhoods, it's over $6 for a gallon of regular.
Iran has threatened to attack any vessel that tries to transit the strait without its permission, and the UAE said Monday that a state-owned energy company's vessel was targeted by drones in an "Iranian terrorist attack."
CTA Yellow Line passengers were forced to evacuate after a downed tree caused a derailment in Evanston, Illinois, during storms on Thursday night.
Taylor Swift and Travis Kelce are expected to welcome around 1,000 guests at Madison Square Garden to celebrate their wedding, sources say.
Brayan Rocchio hit a two-run homer in the bottom of the ninth inning that gave the Cleveland Guardians a 6-5 victory over the Chicago White Sox in the opener of a four-game series between the top two teams in the AL Central.
A new AI-powered tool being used by some police departments claims to turn a shell casing into an investigative lead in under 24 minutes.
New data from the Chicago Police Department shows violent crime in the city is slightly up from the record lows of 2025.
Dr. Debra Houry, who resigned in protest from the health agency, said the spread of misinformation impacted lives.
David Hearn is accused of ripping out a piece of sealant on the bottom of the Reflecting Pool on June 19, U.S. Attorney Jeanine Pirro said.
Illinois House Speaker Emanuel "Chris" Welch is making moves to remove state Rep. Harry Benton (D-Plainfield) from office.
Special Agent-in-Charge Douglas DePodesta, who has led FBI Chicago for the past three years, is leaving his post on July 6.
Chicago police Supt. Larry Snelling announced Wednesday that he is retiring later this month.
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.
An Illinois law banning "swipe fees" on taxes and tips — already delayed twice by lawmakers — appears to be on life support after a federal judge that once permitted it issued a permanent injunction against it this week.
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.
Environmental and community groups are suing the U.S. Environmental Protection Agency for failing to act on a petition challenging U.S. Steel Gary Works operating permit renewal.
In the four years since Roe v. Wade was overturned and Illinois became a destination for abortion care, Illinois providers and advocates have rebuilt the state's infrastructure to support the tens of thousands of people who travel to the state for abortion services every year.
June is National Aphasia Awareness Month, raising awareness of a disorder that affects a person's ability to speak, write, and understand both spoken and written language.
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.
Daley's Restaurant, known as Chicago's oldest, has served Chicago's Woodlawn neighborhood for more than 130 years.
Walgreens is set to close in Chicago's Chatham neighborhood on Thursday, and there's growing concern about where families will get their medications.
The owners of Gene & Georgetti steakhouse are suing a concessions operator over their expansion at Midway International Airport.
Taylor Swift and Travis Kelce are expected to welcome around 1,000 guests at Madison Square Garden to celebrate their wedding, sources say.
Renowned singer-songwriter and Chicago-area native John Prine will be honored with a mural at the Old Town School of Folk Music in the Lincoln Square community.
Victor Willis, lead singer of the disco group Village People, whose hit "Y.M.C.A." became a fixture at rallies for President Trump, has died at the age of 74, his wife and the band said.
Taylor Swift and Travis Kelce's wedding plans include a rehearsal dinner and a late-night celebration at Madison Square Garden in New York City, according to sources familiar with the security planning.
Chicago rapper Twista has pleaded guilty to willfully failing to pay income taxes.
Navy Pier officials are preparing for crowds during July 4th fireworks amid storm threats.
Meteorologist Laura Bannon has the extended forecast.
Storms on Thursday night downed trees onto the CTA Yellow Line tracks in Evanston, Illinois, causing a derailment.
Mostly cloudy and still hot Friday with afternoon and evening thunderstorms likely, including some that could become strong. Highs around 90.
A new AI-powered tool being used by some police departments claims to turn a shell casing into an investigative lead in under 24 minutes.
CTA Yellow Line passengers were forced to evacuate after a downed tree caused a derailment in Evanston, Illinois, during storms on Thursday night.
The men charged with attacking a CBS News Chicago crew near the Adler Planetarium were ordered detained until trial on Thursday.
Tens of thousands of people are expected to watch Fourth of July fireworks at and around Navy Pier Saturday as the city celebrates America's 250th birthday.
July 4th fireworks and celebrations in 2026 will mark the United States' 250th birthday. Here's where to see Independence Day fireworks in Chicago, surrounding suburbs and in Northwest Indiana.
Taylor Swift and Travis Kelce are expected to welcome around 1,000 guests at Madison Square Garden to celebrate their wedding, sources say.
A new AI-powered tool being used by some police departments claims to turn a shell casing into an investigative lead in under 24 minutes.
University of Illinois - Chicago scientists took their lab work to the streets of the South Side during this week's heat wave, checking on tree cover and tree health in some of Chicago's more vulnerable neighborhoods.
In a major turnaround in the opioid crisis, overdose deaths are falling across Chicago and Cook County.
An Uber driver who was assaulted during a ride said he begged Chicago police officers not once but twice for help, but was left to fend for himself.
CBS News Chicago has learned that Illinois home insurance premiums are not only higher than the nation's average, but going up faster too.
Brayan Rocchio hit a two-run homer in the bottom of the ninth inning that gave the Cleveland Guardians a 6-5 victory over the Chicago White Sox in the opener of a four-game series between the top two teams in the AL Central.
The Cubs (49-38) have won five straight after sweeping the Padres (43-42), who have lost five in a row.
Dean Kremer pitched six impressive innings in his return from a quad injury, and the Baltimore Orioles avoided a sweep Wednesday with a 6-1 victory over the Chicago White Sox.
Alex Bregman, Michael Busch and Pete Crow-Armstrong added homers to help the Cubs win for the 10th time in 12 games.
Colson Montgomery and Junior Perez homered during Chicago's seven-run third inning and the White Sox pounded the Baltimore Orioles 9-3 on Tuesday night.
A man was ordered detained Thursday after the shooting death of an employee at an Amazon Fulfillment Center in Matteson, Illinois, earlier this week.
A man is charged for sexually assaulting a woman while she was jogging on the 606 Trail in Chicago's Logan Square neighborhood over the weekend.
Burglars crashed a sport-utility vehicle into a convenience store in Chicago's Loop early Thursday morning.
The men charged with attacking a CBS News Chicago crew near the Adler Planetarium were ordered detained until trial on Thursday.
The FBI said in a statement Wednesday that some ransom notes in Nancy Guthrie's disappearance have been "deemed to be extortion attempts without legitimacy," and other "demands may potentially be legitimate and are still being investigated as such."
