Rep. Raja Krishnamoorthi weighs in on President Trump's latest tariffs
Krishnamoorthi said the tariffs amount to a tax on working families. He talked with Marie Saavedra on Thursday.
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Krishnamoorthi said the tariffs amount to a tax on working families. He talked with Marie Saavedra on Thursday.
Jeep-maker Stellantis is idling production at plants in Canada and Mexico and will temporarily lay off 900 workers in the Midwest.
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.
President trump's new tariffs against more than 60 countries sent markets tumbling this morning in Asia. Top European union officials are calling them a "major blow" to the global economy.
In response to the tariffs President Trump announced on his so-called “Liberation Day,” stocks plunged after hours. Erica Brown has new reaction at the White House.
President Trump announced the U.S. will impose a minimum baseline of 10% tariffs on goods imported from all foreign countries, along with further "reciprocal tariffs."
President Trump announced new reciprocal tariffs on Wednesday, which he dubbed "Liberation Day."
Reciprocal tariffs — a tax or trade restriction that one country places on another in response to similar actions taken by that country — were the main headline. Political Reporter Chris Tye breaks it down.
President Trump is set to unveil his new tariffs plan on Wednesday, targeting a broad range of countries that tax U.S. goods, to be imposed immediately upon his announcement at the White House.
President Trump has called Wednesday "Liberation Day," when he plans to impose tariffs on a wide number of products being imported into America. The president said the tariffs will raise revenue and incentivize companies to build in the U.S., but critics worry the tariffs will hurt Americans.
Stocks tumbled and Wall Street braced for President Donald Trump to announce a fresh round of tariffs on April 2, which he has labeled "Liberation Day," and which are expected to cripple economic growth and reignite inflation.
Stocks whipsawed on Monday on economic worries, ending the quarter with its worst performance in three years.
The president is set to announce the reciprocal tariffs during a rose garden event on Wednesday and that's just one part of new trade policies taking effect this week.
CBS’s Natalie Brand reports it comes as a new CBS news poll shows more than half of Americans believe the president is not focusing enough on lowering prices.
Most Americans say the matter of Trump administration officials discussing U.S. military plans on the Signal app is serious.
The average price of a new car in U.S. was about $49,000 as of Thursday, but the new tariffs are expected to drive that price up.
With a 25% tariff on vehicles and auto parts imported into the U.S. going into effect next week, it could soon cost you more not just to buy a car, but to get one fixed. Chicago area car dealerships will have to adjust, and so will auto body shops.
President Donald Trump announced 25% tariffs on foreign-made cars starting on April 2.
The tariff will take effect April 2, and expects say it will jack up new car prices between $3,000 and $12,000.
Fed Chair Jerome Powell cites "high uncertainty" around the impact of Trump administration tariffs on key trading partners.
The president is threatening a 200% retaliatory tariff on alcohol from Europe. If the EU doesn't remove the one on American whiskey, wine sellers are finding it hard to swallow.
CBS News Chicago checked in with Momentum Coffee owner Nikki Bravo on Wednesday to see how she was doing with the uncertainty in the market.
CBS News Chicago checked in with Momentum Coffee owner Nikki Bravo on Wednesday to see how she was doing with the uncertainty in the market.
This threat was a response to the EU's 50% tariffs on American whiskey, which are set to go into effect next month.
A car plowed into a house in southwest suburban Burbank, Illinois, early Friday morning.
Chicago air quality was the worst in the world yesterday and wildfire smoke still blanketed the city Friday morning, but the AQI is expected to improve as the day goes on.
Gene Rush survived throat cancer, but he didn't survive a trip to the Porter County Jail over 4th of July weekend. His family said jail staff failed to provide lifesaving medical care.
Three men were hurt and one was killed in a shooting in Chicago's Washington Park neighborhood Thursday night.
President Trump delivered a speech on election security Thursday night at the White House. Here are the facts behind some of his claims.
President Trump delivered a speech on election security Thursday night at the White House. Here are the facts behind some of his claims.
State Rep. Carol Ammons is charged with multiple counts of wire fraud, making false statements and conspiracy to obstruct justice. Her husband, Champaign County Clerk Aaron Ammons, is also accused of aiding in attempts to cover up the alleged crimes.
Mayor Brandon Johnson has yet to announce if he'll seek re-election next year, but a new poll reveals he faces a tough road ahead if he does run for another term.
Chicago Public Schools officials on Wednesday announced plans to lay off hundreds of teachers and other staff and impose five furlough days to help close a $732 million deficit for next school year.
Acting Attorney General Todd Blanche testified Wednesday before the Senate Judiciary Committee for his confirmation hearing to lead the Justice Department in a permanent capacity.
Chicago remained the most bed bug-treated city in the country, according to Orkin's latest annual rankings covering a full year of residential and commercial treatment data.
Illinois Attorney General Kwame Raoul this week warned residents cleaning up from last month's storms to be on the lookout for scams.
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.
Chicago just barely made the top 20 in the American College of Sports Medicine's 2026 ranking of the country's fittest cities.
In a major turnaround in the opioid crisis, overdose deaths are falling across Chicago and Cook County.
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.
Illinois American Water and Aqua Illinois are both seeking rate increases that would raise monthly bills by as much as $28, while their parent companies seek regulatory approval to merge — a deal a consumer watchdog says would give one company control of nearly all regulated water customers in the state.
The Federal Trade Commission and attorneys general from several states secured a right-to-repair settlement Wednesday with agriculture equipment giant Deere & Co. — commonly known as John Deere — that requires the company to let farmers and independent shops fix their own equipment.
Chicago Soul Café opened Monday at 6248 S. St. Lawrence Ave.
The Chicago Bears this weekend said they are assessing land at Wolf Lake Terminals in Hammond, Indiana, for a possible new stadium.
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.
The actor's agent said he was providing more information following news reports "which contain inaccuracies and outright falsehoods."
New Zealand actor Sam Neill, known for "Jurassic Park" and "The Piano," died Monday at 78, his family says.
The 46th Taste of Chicago is cashless for the first time, accepting only credit cards, with a drone and fireworks show scheduled for approximately 9:15 p.m. Friday near Buckingham Fountain.
The Chicago Symphony Orchestra's summer home in Highland Park reopened after a $70 million gut renovation that redesigned the stage to reduce sound levels harmful to musicians.
Bonnie Tyler, the Welsh pop star best known for singing the chart-topping power ballad "Total Eclipse of the Heart" in 1983, has died. She was 75.
Three men were hurt and one was killed in a shooting in Chicago's Washington Park neighborhood Thursday night.
A car plowed into a house in southwest suburban Burbank, Illinois, early Friday morning.
Chicago air quality was the worst in the world yesterday and wildfire smoke lingered Friday morning, but the AQI is expected to improve as the day goes on.
Chief meteorologist Albert Ramon has the latest First Alert Weather forecast.
Gene Rush survived throat cancer, but he didn't survive a trip to the Porter County Jail over 4th of July weekend. His family said jail staff failed to provide lifesaving medical care.
Chicago air quality was the worst in the world yesterday, but the AQI is expected to improve Friday as the day goes on.
A car plowed into a house in southwest suburban Burbank, Illinois, early Friday morning.
Gene Rush survived throat cancer, but he didn't survive a trip to the Porter County Jail over 4th of July weekend. His family said jail staff failed to provide lifesaving medical care.
Three men were hurt and one was killed in a shooting in Chicago's Washington Park neighborhood Thursday night.
President Trump delivered a speech on election security Thursday night at the White House. Here are the facts behind some of his claims.
Gene Rush survived throat cancer, but he didn't survive a trip to the Porter County Jail over 4th of July weekend. His family said jail staff failed to provide lifesaving medical care.
Haze from Canadian wildfire smoke that has settled in Chicago on Thursday is directly connected to climate change, according to experts, who said days like this could be more problematic moving forward.
A pair of jewelry importers have been charged in federal court in Chicago with smuggling millions of dollars in gold jewelry into the U.S. to avoid taxes, schemes uncovered by a federal task force that has surpassed $1 billion in recoveries and penalties over the past year.
Chicago is bracing for another heat wave, less than two weeks after the last one. This time, the heat comes with air quality concerns.
The university released what it's called a strategy statement about the impact it's already seeing artificial intelligence make on higher education and the legal profession.
Azura Stevens scored 18 of her 20 points in the first half, Sydney Taylor added 17 points, and the Chicago Sky beat the Seattle Storm 95-90 on Wednesday.
Dylan Cease struck out the side in the first inning, combining with 10 relievers on a three-hitter in a show of pitching dominance that led the American League to a 4-0 win over the National League in the All-Star Game.
The Cliburns are one of 10 sets of twins in MLB history to reach the major leagues.
Paige Bueckers had 22 points and 11 assists, Jessica Shepard added 19 points and 10 rebounds, and the Dallas Wings beat the Chicago Sky 96-91.
Chicago (50-45) swept the three-game series by outscoring the A's 24-2 after getting swept in three games against Boston.
Three men were hurt and one was killed in a shooting in Chicago's Washington Park neighborhood Thursday night.
A judge could decide Wednesday if a man accused of shooting and killing Chicago police Officer John Bartholomew and critically wounding his partner is fit to represent himself at trial.
A woman was arrested in Round Lake Beach, Illinois, Tuesday and charged with the death of her newborn child nearly 25 years ago.
Burglars smashed into a gas station minimart in the south Chicago suburb of Calumet City, Illinois, early Monday.
Armed robbers held up a restaurant in Chicago's Roseland community early Monday morning, police said.
