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.
Walmart heir Lukas Walton and his wife Samantha have purchased a minority stake in the Chicago Bulls and the United Center, the team announced Friday.
Elgin police are looking for a man who went under the water in the Fox River after an incident Friday morning.
Alexander Iniguez Mercado, 20, is accused of deleting a messaging app after the FBI asked him about plans to help carry out a violent attack at the White House on June 14.
Led by Sen. Cory Booker of New Jersey, a group of Senate Democrats suggested the Justice Department violated its internal policies with the creation of the "anti-weaponization" fund.
Join CBS News Chicago for the third annual "Party at the Pier" on Friday.
Led by Sen. Cory Booker of New Jersey, a group of Senate Democrats suggested the Justice Department violated its internal policies with the creation of the "anti-weaponization" fund.
Bolton agreed to pay a $2.25 million fine, pleading guilty to one count of retaining classified national security information.
Illinois Gov. JB Pritzker on Thursday signed several new consumer protections into law, including a ban on junk fees.
A judge on Thursday ordered the Justice Department to either release unredacted versions of several files on the late sex offender Jeffrey Epstein or explain why it can't do so.
Chicago Mayor Brandon Johnson on Thursday signed an executive order aimed at reducing gun violence in Chicago.
Illinois Gov. JB Pritzker on Thursday signed several new consumer protections into law, including a ban on junk fees.
CBS News Chicago has learned that Illinois home insurance premiums are not only higher than the nation's average, but going up faster too.
As an alternative to legalizing video gambling terminals citywide, Bally's offered to open slot machine lounges at O'Hare and Midway, saying the move would replace the $6.8 million the city budgeted from VGTs.
An Illinois law banning "swipe fees" on taxes and tips — already delayed twice by lawmakers — appears to be on life support after a federal judge that once permitted it issued a permanent injunction against it this week.
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.
The north Chicago suburb of Glenview became the latest Illinois municipality this week to confirm mosquitoes testing positive for the West Nile virus this year.
Environmental and community groups are suing the U.S. Environmental Protection Agency for failing to act on a petition challenging U.S. Steel Gary Works operating permit renewal.
In the four years since Roe v. Wade was overturned and Illinois became a destination for abortion care, Illinois providers and advocates have rebuilt the state's infrastructure to support the tens of thousands of people who travel to the state for abortion services every year.
June is National Aphasia Awareness Month, raising awareness of a disorder that affects a person's ability to speak, write, and understand both spoken and written language.
The Chicago Department of Public Health issued a warning Tuesday about a possible measles exposure at O'Hare International Airport.
As an alternative to legalizing video gambling terminals citywide, Bally's offered to open slot machine lounges at O'Hare and Midway, saying the move would replace the $6.8 million the city budgeted from VGTs.
Daley's Restaurant, known as Chicago's oldest, has served Chicago's Woodlawn neighborhood for more than 130 years.
Walgreens is set to close in Chicago's Chatham neighborhood on Thursday, and there's growing concern about where families will get their medications.
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.
Lionel Richie's Chicago concert at the United Center has been postponed after the singer became sick at his tour opener in St. Paul, Minnesota.
Legendary musician Lionel Richie had to cut his performance short Wednesday night in St. Paul, Minnesota, leaving fans with many questions.
Clive Davis helped shape the careers of music stars including Janis Joplin, Bruce Springsteen and Whitney Houston.
Claude Guillemot and a flight instructor were flying in a twin-motor Cessna 421 on Friday evening. An investigation into the crash is underway.
James Burrows directed more than 1,000 episodes of television, including every episode of the original "Will & Grace."
At least 589 people were dead and 2,980 were injured, as rescue teams raced to find more survivors amid more than 200 aftershocks.
A woman died, and four others were injured after a boat crash near Chicago's Monroe Harbor overnight.
"Iceboy!" starring Nick Offerman and Megan Mullally has been extended at the Goodman Theatre through August 9.
Take a boat ride with Jackie Kostek at the "Party at the Pier" on the Tall Ship Windy.
There's something for everyone at CBS News Chicago's “Party at the Pier.”
Elgin police are looking for a man who went under the water in the Fox River after an incident Friday morning.
Alexander Iniguez Mercado, 20, is accused of deleting a messaging app after the FBI asked him about plans to help carry out a violent attack at the White House on June 14.
Walmart heir Lukas Walton and his wife Samantha have purchased a minority stake in the Chicago Bulls and the United Center, the team announced Friday.
A man was injured after jumping from a fire that broke out at a high-rise building in Chicago's Edgewater neighborhood on Friday morning.
A woman died, and four others were injured after a boat crash near Chicago's Monroe Harbor overnight.
An Uber driver who was assaulted during a ride said he begged Chicago police officers not once but twice for help, but was left to fend for himself.
CBS News Chicago has learned that Illinois home insurance premiums are not only higher than the nation's average, but going up faster too.
The Cook County Sheriff's Office has been a part of Illinois' enhanced CTA security plan and state-led task force dedicated to making it safe since the end of March. Their officers have worked more than 4,000 hours a month.
A rideshare driver was shot in Chicago's North Lawndale neighborhood on Monday night.
After a violent holiday weekend, Chicago city leaders are expected to announce new support for a dedicated Department of Gun Violence Prevention.
Walmart heir Lukas Walton and his wife Samantha have purchased a minority stake in the Chicago Bulls and the United Center, the team announced Friday.
There was a big honor for a Chicago Bulls legend as Mayor Brandon Johnson declared Thursday to be Horace Grant Day.
Pete Crow-Armstrong laced an RBI double in the 10th inning, powering the Cubs to a 4-3 victory Thursday night over the sinking Mets and a sweep of the four-game series.
Pope Leo XIV has received a special gift from former Chicago White Sox catcher A.J. Pierzynski.
No foul was initially called after Alyssa Thomas' fist made contact with Caitlin Clark's throat during a game between the Phoenix Mercury and Indiana Fever on Wednesday.
Alexander Iniguez Mercado, 20, is accused of deleting a messaging app after the FBI asked him about plans to help carry out a violent attack at the White House on June 14.
Two people are dead after they were found shot behind a residential building in the Dunning community on Chicago's Northwest Side Thursday afternoon.
A registered sex offender was ordered detained until trial Thursday on charges that he sexually abused a 6-year-old girl at a bus stop in Chicago's Chatham community last weekend.
A man was shot and critically wounded in broad daylight on Chicago's Near West Side Thursday afternoon.
U.K. influencer Brooke George says a man she met online repeatedly assaulted her in the UAE, according to an advocacy group. Now she's facing possible execution for allegedly stabbing him to death.
