Like Everyone Else, Chicago Investor Tries To Remain Calm
CBS 2's Mike Parker talks with some local players about the catastrophic losses the markets suffered Thursday.
Watch CBS News
CBS 2's Mike Parker talks with some local players about the catastrophic losses the markets suffered Thursday.
If Gov. Pat Quinn goes along, motorcyclists could start treating some red lights the same way as stop signs.
He was one of Chicago's most colorful and controversial public officials. Now he's charged with being one of the city's top "deadbeat dads."
Sgt. Brad Hojek came home to Oak Lawn, where he'll get some rest and relaxation before heading back to the hospital.
A longtime cook for a Bronzeville neighborhood barbecue restaurant was shot and killed overnight as he took a cigarette break.
If you don't think the upcoming federal debt ceiling deadline will impact you, it might – if you're expecting a check in the mail.
Police and the victim are praising some Good Samaritans who got involved and helped find the thief who took a woman's IPhone. It happened in the Lakeview neighborhood Wednesday night.
Last weekend's North Halsted Street beating that was caught on video continues to prompt residents of Boystown to come up with new ways to fight street crime. The latest is to enlist dog owners when they're walking their pets, CBS 2's Mike Parker reports.
Hundreds of Lakeview residents turned out for a CAPS meeting Wednesday night, days after a brutal attack on the Boystown strip of North Halsted Street, which left a man stabbed.
Police are analyzing a video clip of brawl on the Boystown strip of North Halsted, which ended in the stabbing of a 25-year-old man.
Andy Thayer has twice been arrested in Russia, but says he won't be intimidated in the effort to advance gay rights. CBS 2's Mike Parker reports.
Governor Quinn continues to insist he hasn't decided yet if he'll sign that major Illinois gambling expansion bill.
Record-setting temperatures could be coming today, the second day of sweltering heat and humidity in Chicago.
A fight with state officials could cost Thornridge High School in Dolton $18 million in aid, and my threaten teachers' jobs.
The city of Chicago has acted to prevent another fatal accident along the Chicago River following the drowning death of a 25-year-old Chicago woman.
A stronger dollar, a weaker euro and a decision by Europe's Central Bank not to continue raising interest rates will have a very real impact on you at the gas pump.
All across Chicago, we're now seeing more of the debris left behind when the housing market bubble burst.
Once again, Chicagoans are paying more for gasoline than anyplace else in the US. The average price for a gallon is now $4.35.
Another woman was robbed last night in Oak Park, following at least four similar incidents in the past month.
The search is expanding for three young children from Crestwood who could be in danger.
The nation's railroads have used something called a "dead man switch" as a crucial safety device. Now there are calls for something similar in airport traffic control towers.
Do you like getting those thin little disposable plastic bags at the checkout counter and carrying your groceries in them? A lot of people do.
The Greater Chicago Food Depository, which distributes tons of food across the region, is straining under the cost of keeping its delivery trucks on the road. CBS 2's Mike Parker reports.
An email circulating around the Internet says Friday is National 'Gas-Out' Day, when motorists are supposed to boycott gas stations as a protest to high prices. CBS 2's Mike Parker reports it may be a hoax.
Wal-Mart proposes building a downsized store in the East Lakeview neighborhood, but residents gave the retailer a not-so-warm welcome Monday night at a public meeting.
Ald. Jim Gardiner (45th) is suing the city of Chicago, its inspector general's office, and the Board of Ethics, accusing them of defamation.
A member of the Chicago Fire Department died on Thursday during a training exercise in the West Rogers Park neighborhood.
The Chicago City Council chamber has been full of passionate debate Thursday, but it hasn't been filled with alders; teenagers have taken them over, and they're putting in the work to make real change in Chicago.
A man's family is demanding answers after he was shot by a security guard inside a hospital emergency room waiting area on Tuesday night in Gary, Indiana.
The Supreme Court has maintained mail access to the abortion pill mifepristone, setting aside for now a lower court order that blocked abortion providers from prescribing the widely used drug through telehealth and shipping it to patients.
Ald. Jim Gardiner (45th) is suing the city of Chicago, its inspector general's office, and the Board of Ethics, accusing them of defamation.
The Supreme Court has maintained mail access to the abortion pill mifepristone, setting aside for now a lower court order that blocked abortion providers from prescribing the widely used drug through telehealth and shipping it to patients.
Chicago taxpayers could pay $3.5 million to the family of a man who was killed by a driver being chased by police in the Little Village neighborhood in 2020, under a settlement recommended by the city's attorneys.
Attorneys for the city of Chicago are recommending that the City Council approve a $13 million settlement with a man who spent 26 years in prison after he was wrongfully convicted of murder in 1994.
U.S. Border Patrol Chief Michael Banks, who was appointed to the role last year, told staff on Thursday that he is stepping down.
Chatham residents say they're losing a vital resource as Walgreen's prepares to close its store near 86th and Cottage Grove.
According to AAA, the average price of a gallon of regular gas in Chicago was $5.17 on Friday, up from $3.75 a year ago.
Peoples Gas and North Shore Gas Company customers are likely to see minor credits on their bills for the next three years, thanks to a $125 million settlement agreement announced Thursday by Illinois Attorney General Kwame Raoul.
Chicago gas prices are spiking as the war with Iran drags on, with regular gas nearing $6 in some spots and premium already selling for more than $7 in some places.
In the legal venue of anti-trust enforcement, the state is not taking on the Trump administration, but rather filling a void that state officials say the Trump administration has vacated.
Engineers at Northwestern University have created a wireless polygraph to detect stress.
Chicago Mayor Brandon Johnson on Wednesday announced an expansion to the city's CARE Program, a specialized team that responds to mental health crises without police.
A Texas couple is filing a lawsuit accusing the AI company of guiding their teenage son in using drugs, resulting in a fatal overdose.
An American on the repatriation flight began showing symptoms of hantavirus and another "tested mildly PCR positive for the Andes virus," the Department of Health and Human Services says.
More than 100 people from a cruise ship dealing with an outbreak of the rare and deadly hantavirus are set to be disembarked.
Flight attendants at Chicago-based United Airlines have approved a new labor contract, marking their first pay increases in six years.
The Chicago Fire FC announced Wednesday morning that its new stadium in the South Loop will be named McDonald's Park.
U.S. prosecutors allege a man with multiple aliases used the name of the famed Astor family to scam a Mexican billionaire out of $450 million.
Thousands of people marched from the West Loop to Daley Plaza in downtown Chicago on Friday for May Day, with activists calling for workers' rights, stronger labor protections, and increased school funding.
A $170 million-plus plan announced this week will redevelop the Water Tower Place mall on the Magnificent Mile.
The Chicago-born house music track, which began as a personal poem in 1982 and became a defining anthem of the city's house music scene, has been selected for permanent preservation by the Library of Congress.
The Library of Congress revealed this year's list of 25 recordings to be preserved for future generations on the National Recording Registry.
David Allan Coe also had hits with "You Never Even Called Me By My Name" and "The Ride" among others.
Some youngsters got a behind-the-scenes look at the magic of making opera Sunday at the Lyric Opera of Chicago.
Matt DeCaro, an actor who was a familiar face on the Chicago stage for many years, died this weekend.
Ald. Jim Gardiner (45th) is suing the city of Chicago, its inspector general's office, and the Board of Ethics, accusing them of defamation.
A member of the Chicago Fire Department died on Thursday during a training exercise in the West Rogers Park neighborhood.
Chief meteorologist Albert Ramon has the latest First Alert Weather forecast.
The Chicago City Council chamber has been full of passionate debate Thursday, but it hasn't been filled with alders; teenagers have taken them over, and they're putting in the work to make real change in Chicago.
President Trump said his talks with China in Beijing on Thursday went "great," but Chinese President Xi Jinping had stern words for President Trump on Taiwan, warning of potential "clashes and even conflicts" if the issue isn't "handled properly," according to Chinese state media.
A member of the Chicago Fire Department died on Thursday during a training exercise.
Phone lines in south suburban Sauk Village were disconnected for several days due to money issues, but are now being fixed.
A man's family is demanding answers after he was shot by a security guard inside a hospital emergency room waiting area on Tuesday night in Gary, Indiana.
After the public learned about Chicago girls left high and dry when a Humboldt Park shop didn't deliver their prom dresses, strangers across the city are stepping up to help.
Ald. Jim Gardiner (45th) is suing the city of Chicago, its inspector general's office, and the Board of Ethics, accusing them of defamation.
People in Lincoln Park and Lakeview have rallied against a plan to build a new industrial ComEd electrical substation in their neighborhoods, pushing local and state leaders to get involved.
Monday marks one year since Illinois enacted Karina's Law — legislation aimed at taking firearms out of the hands of people accused of domestic abuse.
Tenants at a South Shore apartment building said they've noticed their rent fluctuating by hundreds of dollars a month due to a change in how their utility billing system is set up.
A man from the Chicago suburbs lost $69,000 of his savings to a scam by a thief using an AI-generated U.S. Marshals badge to intimidate him.
Illinois lawmakers are trying to decide what should happen when artificial intelligence leads to serious destruction or even death, and two of the most influential AI companies in the world are backing opposing state bills trying to answer that question.
The Detroit Lions will host the defending NFC North champion Chicago Bears in Detroit's annual Thanksgiving Day game.
Cuypers has scored at least one goal in each of the nine games he has played this season.
The Cubs managed just four hits — all singles — after being held to a single hit in the series opener, a 5-2 victory for the Braves.
The White Sox had a 3-0 lead before the Royals rallied in the fourth.
The White Sox said the fan was taken to a hospital for treatment.
A man was found shot to death Thursday morning in Chicago's West Garfield Park neighborhood.
One man was killed and another was critically injured Thursday morning in a shooting in Chicago's Edgewater neighborhood.
A young man was shot and killed while getting into his car in the Ashburn neighborhood on Chicago's Southwest Side Thursday morning.
A Chicago-area man who ran a business helping people apply for asylum and immigrant visas was recently sentenced to nine years in prison for fraud and child pornography.
Alex Murdaugh was convicted of his killing his wife and his son at the family's home in 2021.
