U.S. consumer sentiment plunges in April as trade war fuels anxiety
Consumer sentiment fell sharply in April for the fourth straight month as the trade war fuels worries about inflation and employment.
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Consumer sentiment fell sharply in April for the fourth straight month as the trade war fuels worries about inflation and employment.
U.S. stocks continue to flail as investors grapple with impact of Trump administration trade war and signs of economic slowdown.
A couple in DuPage County are opening a co-op grocery store they hope can address the strain of ever-rising food costs.
Stocks tumbled for a second consecutive trading day, wiping out all post-election gains for the S&P 500.
The cause of the recent "egg-flation" is the rise in bird flu cases in the U.S., which has been impacting farms and wiping out flocks.
The Federal Reserve opted to leave its benchmark interest rate unchanged in its first policy meeting since President Trump's inauguration.
CBS News’ Nancy Chen visited a dairy farm near Albany, New York to learn more about the spike.
Tariffs on U.S. imports would raise prices for consumers on a range of goods, experts say. Here's what to know.
The Federal Reserve began cutting its benchmark rate in September amid cooling inflation.
Americans have struggled with high grocery costs since inflation soared during the pandemic. Now prices are falling.
"It's the economy, stupid," – A four-word strategy that helped Bill Clinton defeat incumbent President George H.W. Bush in 1992. Three decades later, the economy again was a driving factor in a presidential election. CBS News Chicago examined exit poll results and the way rising prices helped President-elect Donald Trump win his second term in office.
The Federal Reserve just lowered its benchmark rate by 0.50 percentage points. Here's how the move could impact your finances.
The Fed's decision will lower borrowing costs from a 23-year high as the central bank pivots to shoring up economic growth.
The cost of Labor Day staples like meat, beer, and beans, was up anywhere from 3% to 10%, according to the CBS News price tracker.
Those grilling or feeding friends this holiday weekend are likely paying more this year than they did last Labor Day. Prices are up for several summer cookout staples. CBS News Chicago wanted to know how local eateries are coping with higher prices for food.
Those grilling or feeding friends this holiday weekend are likely paying more this year than they did last Labor Day. Prices are up for several summer cookout staples. CBS News Chicago wanted to know how local eateries are coping with higher prices for food.
The deal, available through Subway's app and website for a limited time, is aimed at inflation-weary consumers.
Analysts say home buying and renting costs can lag behind other inflation improvements, but many see good news for homebuyers down the line.
Mars is buying food company Kellanova, giving it access to brands such as Cheez-It and Pop-Tarts.
Certified financial planner Jessica Debold of Goldstone Financial Group joins us with a sobering report on how inflation has affected back-to-school shopping, and what you can do to cut costs.
The latest consumer price data furthers the case for an interest rate cut by the Federal Reserve as soon as September.
This week, Mcdonald's is launching a new $5 meal deal and CBS Correspondent Kenny Choi reports, Americans crave fast food, but with higher prices, more and more simply, they aren't lovin' it.
A housing shortage in Texas and minimum wage increases elsewhere are fueling higher than average inflation in some cities.
Marnie was ticked off by the practices of a local ice cream vendor – with the price of ice cream apparently having risen to more than $11 in U.S. dollars for two treats.
Inflation is moving sideways, remaining above 3% for the first three months of 2024. Here's how that could impact your finances.
Many communities like Gary have been in the dark for almost two weeks since the devastating derecho tore through.
Last month, Pfleger was removed from ministry and sent to live away from the parish after he was accused of sexual abuse of a minor more than 30 years ago.
They say without the flowers, a turtle named Tortie and an iguana named Roxy miss out on snacks and play time.
The Roman telescope is named after NASA's first chief astronomer. It is equipped with a 300-megapixel infrared camera, with a field of view 100 times larger than Hubble's.
One person was killed and another was wounded in a shooting Sunday night at a hotel in northwest suburban Wheeling.
The Supreme Court divided 6-3 in granting the Trump administration's request for emergency relief.
President Trump said tariffs on Canadian automotive and steel imports will rise to 50% on Jan. 1, 2027, in a social media post.
After losing one of the closest House races in the country, Democrat Christina Bohannan is campaigning earlier and deeper into rural Iowa, including counties she did not visit before the 2024 election.
Cook County Treasurer Maria Pappas said Monday that there was "no apology necessary" on her part over a heated text exchange with former Cook County Commissioner Richard Boykin recently.
Researchers and disability rights advocates warn that the dismantling of the Education Department and its erosions of civil rights oversight risk widening the disparities autistic children face.
Cook County homeowners are again facing a sharper increase in property taxes this year than businesses, the Office of Cook County Treasurer Maria Pappas announced Monday.
Contracted linemen from out of state sat idle in a Griffith church parking lot for hours without work orders from NIPSCO, as residents in Northwest Indiana approach two weeks without power.
A law firm has filed a class action lawsuit against NIPSCO, alleging the utility's failure to manage trees and vegetation has left thousands of Northwest Indiana residents without power for up to two weeks.
Dozens of cases of E. coli and salmonella in multiple states are linked to an alfalfa grower in Minnesota, health officials say.
A new Illinois law signed by Gov. Pritzker offers up to $1,000 to eligible homeowners hit by storm damage, but the money won't be available until next year — and the program only covers certain areas of Chicago.
Dozens of cases of E. coli and salmonella in multiple states are linked to an alfalfa grower in Minnesota, health officials say.
Moderna and Merck announced study results that reflect a "landmark moment" in treatment for one of the deadliest forms of skin cancer.
Researchers from the University of Chicago have uncovered some information on how space travel affects — or actually doesn't affect — the heart.
As people age, it becomes crucial to do whatever possible to protect from issues like memory loss. But leading neurologist Dr. David Perlmutter said the process actually starts well before advanced age.
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.
An expert blames Illinois lawmakers and "internecine political problems" for the failure to seal a deal for a new stadium within the state for the Chicago Bears.
Real estate investment and development firm Concord Capital has acquired nine apartment buildings on Elaine Place, a single-block residential street in Chicago's East Lakeview community.
The Chicago Plan Commission voted Thursday to approve a plan to redevelop Ford City Mall into an industrial complex, despite objections from some neighbors.
A new Barnes & Noble bookstore opened in the heart of downtown Chicago on Wednesday, while separately, a building that used to house an old Barnes & Noble store in the Gold Coast was being demolished.
The Original Rainbow Cone celebrated its 100th anniversary on Sunday with a special event at its Beverly location.
Madonna leads all artists with 11 nominations at this year's MTV VMAs, and a full sweep would tie her with Beyoncé and Taylor Swift for the most VMA wins in history.
Hayden Panettiere, who starred in "Remember the Titans" as a child actor and rose to fame in the series "Heroes," has died at the age of 36. The coroner's office says she was found in cardiac arrest.
Buddy Guy was honored with the Chicago Music Legend Award at the Obama Presidential Center's Chicago Culture Ball this weekend.
Bal Khabra is the author of the four-part series "Off the Ice," a college hockey romance collection that is wrapping up at just the right time.
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.
The Cortland Street Bridge over the North Branch of the Chicago River will not be reopening anytime soon, the Chicago Department of Transportation said.
Eight people were injured, and Interstate 290 was blocked for several hours on Monday, after a semi-trailer truck spilled a load of concrete bricks onto the road in northwest suburban Itasca.
Staff says that without the flowers, a turtle and an iguana miss out on snacks and playtime.
According to the Antioch Fire Department, a medic crew was called onto the field during the game between Antioch and Schaumburg high schools around 9 p.m. on Friday, Aug. 21, to treat an injured player.
The telescope will help astronomers explore mysterious dark matter and dark energy. Adler Planetarium's Geza Gyuk, senior director of astronomy, and Hunter Miller, public observing educator, were invited by NASA to witness the launch.
Last month, Pfleger was removed from ministry and sent to live away from the parish after he was accused of sexual abuse of a minor more than 30 years ago.
Prosecutors offered a plea deal to Keshia Golden, charged with killing her boyfriend in 2022, which she said was self-defense.
Grayson, 32, was found guilty last October of second-degree murder for the shooting of Sonya Massey and was serving a 20-year sentence.
Almost two weeks since power was knocked out in Northwest Indiana, nearly 10,000 homes and businesses were still in the dark on Monday afternoon.
Many communities like Gary have been in the dark for almost two weeks since the devastating derecho tore through.
The program was launched by the utility company last year, with some saying it makes it easier to address problem poles.
She was counting down the days to the first day of 5th grade until her school district told her she didn't have a spot there. Now, a federal judge has ordered the district to put the 10-year-old girl with autism back in her neighborhood school.
Who you gonna call if someone locks you out of your own charity? That's the question members of a Ghostbusters-themed nonprofit say they're asking.
Residents of Ogleby Towers on Wednesday morning spoke out about the system that constantly changes their rent, which they say makes it hard to budget.
CEO of the Illinois Quantum and Microelectronics Park, Harley Johnson, gave CBS News Chicago an exclusive look inside the new park in South Chicago.
The WNBA has been the subject of recent debates on whether transgender women should be allowed to participate in the league.
Senior defensive back Mark Johnson signed up to be on the national bone marrow registry, and when he got the call, he came through.
The Sky were eliminated from the playoff race with the loss and a win by Washington on Sunday night.
Cubs blew out the Seattle Mariners 19-2 on Sunday to avoid a three-game sweep.
It was Peters' third walk-off hit of the season.
One person was killed and another was wounded in a shooting Sunday night at a hotel in northwest suburban Wheeling.
At least four people were killed, and 17 more were injured, in weekend shootings across Chicago as of Sunday, according to police.
Chicago police this weekend issued a warning about a string of armed robberies in the city's Bronzeville community.
Illinois State Police and the FBI announced this weekend that they may have a new lead, though not a suspect, in the 1992 murder of college student Tammy Zywicki.
Chicago police were investigating early Sunday after a man was slashed to death the night before in Washington Park.
