Toy makers advising consumers to shop earlier
More than 65 toymakers showed off new creations at the Toy Insider's Sweet Suite event. With this year's new tariffs, Hasbro's CEO said toy prices in the U.S. could rise later this year.
Watch CBS News
More than 65 toymakers showed off new creations at the Toy Insider's Sweet Suite event. With this year's new tariffs, Hasbro's CEO said toy prices in the U.S. could rise later this year.
The Consumer Price Index in June rose 2.7% on an annual basis, in line with economists' predictions.
The president has threatened to impose 100% tariffs on countries that buy oil and gas from Russia, including China and Brazil, if a peace deal to end the war with Ukraine is not reached within the next seven weeks.
President Trump said Monday that the U.S. will impose 100% tariffs on countries that do business with Russia if there is no peace deal to end the war in Ukraine within 50 days.
During a meeting Monday morning with the NATO secretary-general, the president gave Russian President Vladimir Putin 50 days to cut a peace deal.
President Trump announced on social media that he is levying 30% tariffs against Mexico and the European Union. They are set to begin on Aug. 1.
He announced the tariffs on two of the United States' biggest trade partners in letters posted on this Truth Social account.
Canada — one of the U.S.'s largest trading partners — will face 35% tariffs, President Trump said Thursday.
The president announced the 35% tax in a letter to Canadian Prime Minister Mark Carney posted to Truth Social. He cited Canada's alleged "failure to stop the drugs from pouring into our country."
President Trump's move to impose a 50% tariff on U.S. copper imports targets a vital metal that is widely used in many products and industries, which could lead to higher prices for everything from appliances and electronics to cars and home repairs, experts say.
He says the company's main international suppliers are China and Vietnam, and the Trump administration has implemented steep tariffs on both countries.
In a social media post, Trump alleges Brazil's president is undertaking a “witch-hunt” over charges against former President Jair Bolsonaro, and says they should end it immediately.
On Wednesday morning, President Trump posted to social media letters to six additional countries, informing them of new tariffs.
McDonald's is reviving its long-lamented Snack Wrap and leaning into affordable eats as it looks to reverse a rare sales slump.
Markets fall on Monday after President Trump threatened 14 U.S. trading partners with steep tariffs starting August 1.
The Trump administration is applying what it calls "maximum pressure" on countries to reach a trade deal.
An Illinois toy company challenged President Donald Trump's tariffs in front of the Supreme Court on Tuesday in a long shot bid to press the justices to quickly decide whether they are legal.
U.S. and Chinese trade teams appeared to make modest progress a month before paused monster tariffs are due to resume, but Trump says a deal "is done."
Kris Van Cleave reports the airlines are starting to feel the impact of tariffs and they warn it could soon cost you more to fly.
The Trump administration raised tariffs on aluminum and steel to 50% today, a move experts say could increase costs on everything from homes and cars to household and office supplies.
President Trump announced that he would be doubling tariffs on steel to 50%. The increase is set to take effect June 4.
This comes as the European Union and Canada promise retaliatory tariffs if the president follows through on a threat made late last week.
China said Monday that the Trump administration is undermining the temporary May 12 trade agreement between the two nations by issuing AI chip export control guidelines, stopping the sale of chip design software to China and by planning to revoke Chinese student visas.
During a visit to the U.S. steel facility in Pittsburgh, Pennsylvania, the president announced he'll allow Japan's Nippon to invest in and partially own the company. It's a $15 billion bid that the Biden administration originally blocked, citing national security concerns.
While the legal challenge continues to play out in court, the whiplash comes as the president's close advisor, Elon Musk, leaves his role overseeing DOGE Friday.
The Justice Department said it will stop work on the $1.8 billion "anti-weaponization" fund following a district judge's decision temporarily blocking the program.
Illinois could soon reform the state's regulations on delinquent property tax sales after the House approved a bill 80-35 along party lines Saturday evening that lets homeowners keep their equity.
Police on Monday were seeking help from the public in finding two suspects in a robbery on a CTA Red Line platform along the Dan Ryan Expressway last week.
Police shot and killed a man they say struggled with officers for a gun this past weekend in the west Chicago suburb of Oak Park.
The liberal-controlled Wisconsin Supreme Court said it will hear an appeal seeking to redraw the state's Republican-friendly congressional map, a move that could open a path for Democrats to gain seats in 2028.
The Justice Department said it will stop work on the $1.8 billion "anti-weaponization" fund following a district judge's decision temporarily blocking the program.
Illinois could soon reform the state's regulations on delinquent property tax sales after the House approved a bill 80-35 along party lines Saturday evening that lets homeowners keep their equity.
The liberal-controlled Wisconsin Supreme Court said it will hear an appeal seeking to redraw the state's Republican-friendly congressional map, a move that could open a path for Democrats to gain seats in 2028.
The Illinois General Assembly approved Gov. JB Pritzker's nearly $56 billion budget for the upcoming year early Monday morning.
The Illinois Senate passed a bill early Monday morning geared toward keeping the Chicago Bears in-state, but the Illinois House of Representatives adjourned without voting on the measure.
A new study from the Cook County Treasurer's office underlines growing concerns about the impact the Illinois megaprojects bill could have on the county's property tax base and overall fiscal health.
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.
Consumer and environmental advocates said Monday that they found overcharges buried in the most recent rate-hike request by Nicor.
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.
Chatham residents say they're losing a vital resource as Walgreen's prepares to close its store near 86th and Cottage Grove.
June is World Infertility Awareness Month, and Northwestern Medicine on Monday shared the story of a woman who is celebrating the birth of her second child after a tumor disrupted her fertility.
The Centennial Park Aquatic Center in the southwest Chicago suburb of Orland Park has been closed to the public after two recent cases of E. coli infection.
Menopause can feel like a major turning point for millions of women, with symptoms like fatigue, weight gain, and brain fog can make women feel like their bodies aren't their own.
The head of the World Health Organization says Ebola has killed at least 7 people in Congo, but the U.N. agency says it knows the epidemic "is much larger."
A person suspected of having hantavirus in Winnebago County, Illinois, turned out to be a false alarm, officials said Monday.
The owners of Gene & Georgetti steakhouse are suing a concessions operator over their expansion at Midway International Airport.
DraftKings announced Monday that it is closing its sportsbook operation at Wrigley Field after only about two years.
After more than 80 years, there will be no Ann Sather restaurant location in the 900 block of West Belmont Avenue in Chicago's Lakeview community, effective in June.
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.
Joe Negri, known to many as Handyman Negri on "Mr. Rogers' Neighborhood," has died at the age of 99, just days shy of his 100th birthday.
President Trump said he is considering replacing the Freedom 250 concert series with a rally after many artists dropped out.
Sonny Rollins, the legendary tenor saxophonist known for his bold tone and constant experimentation, has died at 95.
Former CBS Chicago anchorman Bill Kurtis has signed off from his role as the judge and scorekeeper on the NPR weekly news quiz show "Wait Wait… Don't Tell Me!"
Pop star Britney Spears said she was "totally fine" to drive and had not had a drink for about six hours when she was pulled over by the California Highway Patrol.
Meteorologist David Yeomans has your 11 a.m. First Alert Weather forecast for Monday, June 1, 2026.
The medication is helping pancreatic cancer patients survive nearly as twice as long compared with chemotherapy.
The Northern Illinois Food Bank is launching two programs to support children who get free or reduced-price lunches from school, but lose access in the summer months.
A court has temporarily blocked the opening of the quarantine center, with critics saying it prioritizes American lives over those of local residents.
The man charged with the murder of a Loyola University freshman was back in court Monday. This came days after officials said he was found with a weapon in jail.
The Illinois Senate passed a bill geared toward keeping the Bears in-state, but the Illinois House adjourned without voting on the measure.
Feel Free, a kratom drink, is easy to buy and increasingly popular, even as doctors and medical experts grow more concerned about its health impacts, addiction rates and deaths.
Police shot and killed a man they say struggled with officers for a gun this past weekend in the west Chicago suburb of Oak Park.
The Illinois General Assembly approved Gov. JB Pritzker's nearly $56 billion budget for the upcoming year early Monday morning.
A man and woman were shot and killed early Monday morning in the west Chicago suburb of Bellwood.
Feel Free, a kratom drink, is easy to buy and increasingly popular, even as doctors and medical experts grow more concerned about its health impacts, addiction rates and deaths.
A long stay in the neonatal intensive care unit can be one of the most difficult journeys a parent can face, but starting next week, Illinois becomes only the second state in the nation to offer NICU-specific leave for moms and dads.
Chicago has the largest air quality monitoring network in the country thanks to a partnership between the city, the University of Illinois Chicago, and local community groups.
An Indiana State Police trooper was shot, and a suspect was killed during a shootout with officers during a traffic stop on I-80/94 in Hammond, Indiana.
Data centers popping up all over Illinois are sucking up millions of gallons of water a day, at a pace that the state can't keep up with. But experts say tapping into wastewater resources would steer the state in a new and much safer direction.
The Illinois Senate passed a bill early Monday morning geared toward keeping the Chicago Bears in-state, but the Illinois House of Representatives adjourned without voting on the measure.
Matthew Liberatore took a shutout into the sixth inning and Masyn Winn hit a two-run single as the St. Louis Cardinals beat the Chicago Cubs on Sunday night.
Colson Montgomery homered and Tristan Peters' RBI single put Chicago ahead as the White Sox rallied with two runs in the seventh inning to beat the slumping Detroit Tigers 2-1 on Sunday for their fifth straight win.
Dennis Hull, a hockey pro who spent 13 seasons with the Chicago Blackhawks, died late last week.
The Cubs finished with 12 hits while winning for the third time in four games.
Police on Monday were seeking help from the public in finding two suspects in a robbery on a CTA Red Line platform along the Dan Ryan Expressway last week.
Police shot and killed a man they say struggled with officers for a gun this past weekend in the west Chicago suburb of Oak Park.
The man charged with the murder of a Loyola University freshman was back in court Monday for a status hearing.
A Walgreens drugstore was robbed at gunpoint in Chicago's Logan Square community early Monday morning.
A man and woman were shot and killed early Monday morning in the west Chicago suburb of Bellwood.