Stocks pare losses as Trump says U.S. will insure ships in the Persian Gulf
U.S. financial markets rebounded after shedding more than 1,200 points in earlier trading on Tuesday.
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U.S. financial markets rebounded after shedding more than 1,200 points in earlier trading on Tuesday.
Markets fall on Monday after President Trump threatened 14 U.S. trading partners with steep tariffs starting August 1.
Stocks closed higher Monday as the U.S. and China moved to de-escalate their trade war, with investors eager for signs of a lasting agreement.
Stocks continued to tumble in the U.S. Friday as financial markets suffered their biggest two-day drop since 2020.
Stocks suffered their worst crisis since COVID in March 2020, as the Dow Jones plunged more than 2,200 points on Friday, over concerns about the fallout from President Trump’s tariffs. The NASDAQ and S&P lost nearly 6 percent. Posting on social media as he went golfing, the president called this “a great time to get rich.” But in a rare move, President Trump is calling on the Federal Reserve to cut interest rates. Fed chairman Jerome Powell warned on Friday that tariffs could do long-term harm to the economy.
Stock futures are pointing to another major drop in U.S. financial markets as global trade war risks rise.
Nasdaq also sinks more than 1,000 points as investors fret over the potential economic impact of President Trump's latest tariffs.
The Dow Jones Industrial Average dropped over 1,600 points Thursday while the Nasdaq sank more than 1,000 points as the stock market recoiled from President Donald Trump's announcement of reciprocal tariffs worldwide.
The Dow Jones Industrial Average plunged over 1,400 points, or 3.5%, shortly after stock market trading opened Thursday in the wake of President Donald Trump announcing sweeping global tariffs Wednesday.
U.S. financial markets look set to crater in early as trade, with Dow future down nearly 1,300 points.
Stocks whipsawed on Monday on economic worries, ending the quarter with its worst performance in three years.
U.S. markets tumbled for a third consecutive trading day amid recession fears and tensions in the Middle East.
Stocks in the U.S. fell for a third consecutive trading day, with the Dow Jones Industrial Average tumbling more than 1,000 points, amid growing fears of an economic downturn sparked by a sharp slowdown in hiring and weakening consumer spending.
A man from Chicago's northwest suburbs stood charged Tuesday with leaving the scene of a crash and driving drunk, after authorities said he hit a pedestrian overnight near Barrington, Illinois.
A Wisconsin legislator has pleaded no contest to a misdemeanor count of disorderly conduct in connection with a bitter feud with her caucus over resolutions honoring Hispanics.
An international team involving Northwestern University announced Tuesday that it has reached a major milestone in its quest to detect dark matter.
A Chicago firefighter has died from injuries he sustained while battling an extra-alarm fire Monday afternoon in an apartment building in Rogers Park.
The Illinois primary election for 2026 is today, March 17, with races for governor, U.S. Senate and U.S. House up for grabs. Get live updates and results from the polls.
A Wisconsin legislator has pleaded no contest to a misdemeanor count of disorderly conduct in connection with a bitter feud with her caucus over resolutions honoring Hispanics.
The Illinois primary election for 2026 is today, March 17, with races for governor, U.S. Senate and U.S. House up for grabs. Get live updates and results from the polls.
President Trump's director of the National Counterterrorism Center, Joe Kent, announced his immediate resignation Tuesday, citing the administration's decision to intervene in Iran.
The Senate voted to begin a marathon debate on the SAVE America Act, an elections bill that President Trump has been pressing Republicans to pass.
Voting was under way Tuesday for the Illinois primary, and a big increase in voter turnout was reported with regard to early voting.
Tenants at a South Loop luxury high-rise that has been plagued with problems like broken elevators are vowing to fight five-day eviction notices.
It's become an annual March Madness tradition at CBS Chicago, pitting our city's best eateries in direct competition in a foodie bracket challenge. We did pizza, we've done Italian beef, we've done Chicago dogs. This year, we're taking flight with wings.
For Cook County residents hoping to lower their property tax bills, applications are open for exemptions.
Officials in the north Chicago suburb of Wilmette issued a warning Tuesday about scammers who are impersonating representatives of village departments.
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.
A new Iowa law bans local nondiscrimination protections on the basis of gender identity after the state became the first in the U.S. to roll back its civil rights code last year.
Food containing norovirus may smell and taste normal but still cause serious illness if consumed, FDA warns.
Illinois Gov. JB Pritzker on Monday announced a $1.5 billion investment from biotherapeutics company CSL for a new plasma therapy manufacturing plant in Kanakee.
When a doctor was told there was no cure for his daughter's condition, he was motivated to transform not only her health, but the lives of thousands of others.
Ann & Robert H. Lurie Children's Hospital announced this week that it is planning to open a new pediatric hospital in the west Chicago suburb of Downers Grove.
Despite a rash of restaurant closures, veterans of the plant-based food business pushed back against prophecies of doom — and in one case argued that such closures notwithstanding, plant-based eating is only growing.
Two popular Chicago craft breweries – Half Acre Beer Co. and Maplewood Brewery & Distillery – announced on Tuesday they are merging to create a new "premier Chicago beverage company."
Illinois Gov. JB Pritzker on Monday announced a $1.5 billion investment from biotherapeutics company CSL for a new plasma therapy manufacturing plant in Kanakee.
Capital One is laying off more than 1,100 workers at the former Discover headquarters in north suburban Riverwoods.
A new development at the southeast corner of Chicago's East Lakeview community would clear away a medical office building and replace it with a residential high-rise.
Legendary Chicago blues singer and guitarist Buddy Guy took the stage at the Oscars Sunday night, performing alongside the cast of "Sinners."
Amy Madigan, who won the Academy Award for Best Supporting Actress Sunday night, is the daughter of a newsman who helped shape CBS Chicago in the 1960s.
"One Battle After Another" took home several big awards, including Best Picture, Best Director and the newly created Best Casting.
The acclaimed filmmaker, who died in February at age 96, revolutionized the art of documentaries with such films as "Titicut Follies." In an interview recorded last year, the pioneering Wiseman talked about his unusual production methods aimed at capturing life.
Comedy power couple Nick Offerman and Megan Mullally are starring in the Goodman Theatre's new musical coming this summer.
CFD Commissioner Annette Nance-Holt and Chicago Mayor Brandon Johnson spoke after a firefighter died from injuries he sustained battling a blaze in Rogers Park Monday.
A Chicago firefighter has died from his injuries after battling an extra-alarm fire Monday afternoon in an apartment building in Rogers Park, sources tell CBS News Chicago.
Meteorologist David Yeomans has your 11 a.m. First Alert Weather forecast for Tuesday, March 17, 2026.
CBS News executive director of polls and surveys Anthony Salvanto joins Dana Kozlov on set to talk about the record-breaking voter turnout for the 2026 Illinois primary driven by early voting, and other factors in the election.
The 2026 Lollapalooza lineup was announced on Tuesday morning.
A Chicago firefighter has died from injuries he sustained while battling an extra-alarm fire Monday afternoon in an apartment building in Rogers Park.
The Illinois primary election for 2026 is today, March 17, with races for governor, U.S. Senate and U.S. House up for grabs. Get live updates and results from the polls.
If you're voting in the 2026 Illinois primary election on Tuesday, March 17, this is when polls are open and closed.
A man from Chicago's northwest suburbs stood charged Tuesday with leaving the scene of a crash and driving drunk, after authorities said he hit a pedestrian overnight near Barrington, Illinois.
A Wisconsin legislator has pleaded no contest to a misdemeanor count of disorderly conduct in connection with a bitter feud with her caucus over resolutions honoring Hispanics.
Matas Buzelis led the Bulls with 29 points, including five 3-pointers.
The top 16 seeds in the 68-team women's NCAA field will host first- and second-round games, with the regional rounds being played at two neutral sites for the fourth straight year.
Duke is the top overall seed in the NCAA men's college basketball tournament, with Arizona, Michigan, and Florida also landing on the No. 1 line.
The Boilermakers won the Big Ten Tournament for the first time since 2023 and the third time overall.
For Wheaton College's Tess Boyer, her prowess in the pool isn't the only impressive part of her story.
