Trump and Iran trade conflicting messages over prospect of talks
Iran balked at President Trump's demands for a peace deal amid a standoff over the Strait of Hormuz, as fear the war could reignite hits oil and energy markets.
Watch CBS News
Iran balked at President Trump's demands for a peace deal amid a standoff over the Strait of Hormuz, as fear the war could reignite hits oil and energy markets.
The leaders of Lebanon and Israel agreed to start a 10-day truce at 5 p.m. Eastern Time Thursday.
Iran says Israel is violating the ceasefire deal President Trump announced, and Tehran appears to still have control over shipping in the Strait of Hormuz.
President Trump announced that the U.S. and Iran had agreed to a two-week ceasefire that was contingent on the reopening of the Strait of Hormuz.
Goolsbee, president of the Federal Reserve Bank of Chicago, said mounting inflation risks "complicates the picture" on interest rates.
Stocks rebound after sliding in early-day trade, with investors buoyed by reports that Iran and Oman could monitor ship traffic in the Strait of Hormuz.
The average price of gas across the U.S. last reached $4 after Russia's invasion of Ukraine sent crude oil prices surging.
It's unclear if the talks would be direct or indirect, and Washington and Tehran aren't commenting. This, as Iran warns the U.S. not to start ground operations.
The U.S. Postal Service is raising some postage prices to help offset the federal agency's rising transportation costs as fuel prices surge.
The president threatened to "obliterate" Iranian power plants if Iran didn't reopen the Strait of Hormuz by late Monday night Eastern Daylight Time.
Experts warn that surging energy costs are likely to ripple through U.S. supply chains, resulting in higher prices online and in stores.
As Iran retaliates for an Israeli strike on the South Pars gas field, one analyst warns the war is "now hitting the plumbing of the global energy system."
Israel says it killed Iran's top security official Ali Larijani, as America's European allies reject President Trump's demands for help in the Strait of Hormuz.
Even if oil prices ease, they won't return to the levels they were at before the war started, according to Patrick De Haan of GasBuddy.
President Trump says the Iran war will end "very soon," but Tehran says it's "prepared to continue attacking" indefinitely, and it won't let oil leave the Gulf.
President Trump's assurances that a rising U.S. death toll and soaring energy prices will be temporary and worth the pain are failing to assuage jittery investors.
U.S. motorists could soon see higher prices at the pump as oil prices surge following the attacks in Iran.
Stocks recovered on Monday after tumbling earlier in the day over concerns that the U.S.-Israel attacks on Iran could drive up energy costs.
CBS News looked at the cost of producing coal, gas, nuclear, wind and solar energy to determine which is the cheapest.
Similar lawsuits have been filed recently in California and New York City.
Climate change initiatives by universities sometimes mask their financial ties to Big Oil. Students are demanding change.
A video of a swarm of Coco delivery robots in Lincoln Park has gone viral as residents vented frustration about traffic jams on sidewalks and other areas pedestrians need free access to.
Flies have been everywhere this summer in the Chicago area, and some of them bite. But why is this happening?
The stage is set and the air is humid as rapper Ye, formerly known as Kanye West, prepares to hold the first of two Chicago concerts at Solider Field Thursday night.
After two more beluga whales died at Chicago's Shedd Aquarium, including another whale rescued from defunct Canadian theme park Marineland, there are questions about what's behind the deaths.
Thomas Ross allegedly tried to get his campaign manager to plant cocaine and Adderall on his opponent, federal prosecutors in Missouri said.
Thomas Ross allegedly tried to get his campaign manager to plant cocaine and Adderall on his opponent, federal prosecutors in Missouri said.
Chicago Mayor Brandon Johnson released his 2027 budget forecast on Thursday and said the city's financial hole is not as deep as once feared.
The Pentagon will begin requiring male service members ages 30 and older to get screened for testosterone deficiency, after Defense Secretary Pete Hegseth called for the change over the summer.
CBP informed Gregory Bovino in an email on March 2 that the agency was "conducting an official Inquiry into allegations of misconduct reported to CBP." He initiated retirement 16 days later.
The head of Chicago's Department of Business Affairs and Consumer Protection is stepping down.
Illinois Attorney General Kwame Raoul filed a lawsuit Thursday against ABC Plumbing, Heating, Cooling & Electric Inc., alleging deceptive business practices.
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.
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 Chicago Department of Public Health on Tuesday announced two human cases and one death from the West Nile virus in the city this year, and one of those two people has died.
The Jackson Chance Foundation supports the lives of families with babies in the NICU by removing the financial burden of finding parking near hospitals.
Patients taking the first-of-a-kind pill, called daraxonrasib, lived for a median of 13.2 months compared with 6.7 months for chemotherapy recipients, studies showed.
A new Whole Foods Market is coming to Chicago's Old Town neighborhood.
More than 100 Black-owned businesses were showcased at Soldier Field Sunday for Black on the Block.
A Wisconsin prosecutor says he will not file election bribery charges against billionaire Elon Musk even though the state's bipartisan elections commission said he likely broke state law.
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 stage is set and the air is humid as rapper Ye, formerly known as Kanye West, prepares to hold the first of two Chicago concerts at Solider Field Thursday night.
James Fulton Engstrom, now a healthy teenager, was born without a pulse in 2010 — and his survival is the miracle the Catholic Church credited to Fulton Sheen's intercession, clearing the way for beatification.
The Met's decision to highlight the work by designer John Galliano sparked widespread controversy due to his history of antisemitic and racist comments.
The Edgewater Music Festival was under way this weekend on Chicago's north lakefront.
People around the world, including Chicago, continued to gather Wednesday to pay tribute to the late Dolly Parton.
Scattered showers and isolated strong storms are possible overnight Thursday into Friday morning. Lows in the mid-70s.
A video of a swarm of Coco delivery robots in Lincoln Park has gone viral as residents vented frustration about traffic jams on sidewalks and other areas pedestrians need free access to.
Chicago Bears' Caleb Williams' episode of "Hot Ones" debuted today, and the quarterback largely kept his cool, with a little help from a glass of milk.
Chicago Mayor Brandon Johnson released his 2027 budget forecast on Thursday and said the city's financial hole is not as deep as
Flies have been everywhere this summer in the Chicago area, and some of them bite. But why is this happening?
After two more beluga whales died at Chicago's Shedd Aquarium, including another whale rescued from defunct Canadian theme park Marineland, there are questions about what's behind the deaths.
A video of a swarm of Coco delivery robots in Lincoln Park has gone viral as residents vented frustration about traffic jams on sidewalks and other areas pedestrians need free access to.
Flies have been everywhere this summer in the Chicago area, and some of them bite. But why is this happening?
A woman is dead, and a man was injured after a shooting in Lockport Township, Illinois, on Wednesday night.
The stage is set and the air is humid as rapper Ye, formerly known as Kanye West, prepares to hold the first of two Chicago concerts at Solider Field Thursday night.
Back in 2023, ISP got a $10 million grant from the Illinois Secretary of State's Illinois Vehicle Hijacking and Motor Vehicle Theft Prevention and Insurance Verification Council.
Two years before dozens of decomposing bodies were found inside the South Chicago Chapel funeral home, police in nearby Evergreen Park found two bodies in the owners' minivan outside their home.
Hundreds of people are suing the Cook County Juvenile Temporary Detention Center, where they say they were sexually abused by staff. For the first time, survivors detailed their experience exclusively to CBS News Chicago.
Why has the family that runs South Chicago Chapel, where 56 decomposing bodies were found this month, never faced criminal charges, despite a history of mishandling human remains?
Red flags about a family behind two funeral homes and crematories shut down by the state for mishandling bodies were missed in part because two different agencies regulate the death industry in Illinois.
Chicago (78-62) dropped nine games behind Milwaukee in the NL Central. It also remained one game back of Philadelphia for the top NL wild card.
The White Sox had several chances to score in the eighth, but came up empty.
Advocate Children's Hospital flipped the script this week, having four pediatric patients sign autographs for Cubs baseball players before a game at Wrigley Field.
Sean Burke (8-6) allowed one hit and walked four with six strikeouts in 5 2/3 scoreless innings for the win after walking a career-high eight in just three innings in his last start.
A day after hitting a franchise-record nine homers, Chicago was held to three singles and three doubles on a muggy night at Wrigley Field.
Thomas Ross allegedly tried to get his campaign manager to plant cocaine and Adderall on his opponent, federal prosecutors in Missouri said.
A chiropractor from Batavia, Illinois, pleaded guilty Thursday to felony counts related to secretly videotaping patients, including children, as they took off their clothes in his office.
Chicago police on Thursday issued a community alert about a robbery on a Chicago Transit Authority Blue Line train on the Near West Side this past weekend.
Two people are dead and at least five others are injured, including three officers, after a shooting near 15 East Grant Street Wednesday afternoon in downtown Minneapolis, according to police. The suspected shooter is also dead.
Surveillance video shows what appears to be a smash-and-grab burglary at a pizzeria in the southwest Chicago suburb of Frankfort this week.
