Surging U.S. gas prices could erase bigger tax refunds, analysis finds
Stanford economists estimate that the typical U.S. household will spend an additional $740 on gas this year because of the jump in global oil prices.
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Stanford economists estimate that the typical U.S. household will spend an additional $740 on gas this year because of the jump in global oil prices.
About 1 in 4 Americans are using AI chatbots to prepare their tax returns, but experts warn the tools can produce outdated or inaccurate guidance.
This is due in part to the new "Big Beautiful Bill" and job cuts at the Internal Revenue Service.
Filing a tax extension is easy. But it's important to know what you're getting into, including what to do if you owe money to the IRS.
CBS 2's Lauren Victory unraveled what went wrong.
Ciera Stipe waited years on her refund from taxes filed before the COVID-19 pandemic even started. CBS 2's Lauren Victory unraveled what went wrong for so long.
A government watchdog warns that tax pros might not do a better job than you can — and some are straight-up fraudsters.
Kris Bubic struck out a career-high 11, Carter Jensen hit his fourth home run and the Kansas City Royals beat the Chicago White Sox 2-0.
Due to popular demand, pope-themed hats that the White Sox initially offered as limited-edition items as part of a special ticket package in honor of Pope Leo XIV will now be given out to every fan who attends their Aug. 11 game against the Reds.
It was a special day at the Blackhawks Ice Center on Friday as the team held its inaugural Blackhawks Hall of Fame induction ceremony.
Bryan Reynolds hit a two-run homer and Carmen Mlodzinski pitched six-hit ball into the sixth inning, helping the Pittsburgh Pirates beat the Chicago Cubs 2-0.
The Hyde Park community is honoring the life of a woman who safely guided generations of students to and from school.
Transportation Secretary Sean Duffy pointed out that gamers "have many of the hard skills it takes to be a successful controller."
Starting in December, eligible men in the U.S. will be automatically registered for the military draft.
An attorney for ex-Illinois House Speaker Michael Madigan argued to the 7th Circuit Court of Appeals on Thursday that the former Democratic power broker's conviction on bribery and other corruption charges should be overturned.
Pope Leo XIV on Thursday met with David Axelrod, a longtime Democratic strategist and former senior advisor to former President Barack Obama.
Attorneys for imprisoned former Illinois House Speaker Mike Madigan were set to return to court Thursday, in hopes of getting his corruption conviction overturned.
A passenger on an American Airlines flight from New York to Chicago has been charged with making a false bomb threat that forced an emergency landing at Detroit Metro Airport last month, according to a federal criminal complaint.
Skyrocketing property taxes continue to be a hot-button issue in Cook County — particularly since last fall, when many residents saw their tax bills increase by 100% or more.
Illinois Secretary of State Alexi Giannoulias this weekend issued a warning about a surge in text messages that falsely claim to come from his office or the DMV within it.
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.
The United States has long struggled with understanding and finding ways to help treat mental illness. A new documentary, which is screening Saturday in Chicago, examines the reality of living with mental illness in America.
Allergy season is here, and the dreaded pollen can trigger sneezing, congestion, wheezing, and shortness of breath.
Northwestern Medicine and the American Red Cross teamed up for a community blood drive in Chicago on Monday morning.
Ending domestic violence is the goal of groups and advocates all over the world, and some experts in Chicago say it is time to become less reactive and more proactive when it comes to the people causing harm.
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.
A new restaurant has joined the busy stretch of Halsted Street toward the south end of Chicago's Lincoln Park neighborhood that is also home to Alinea and Boka.
The federal government is suing Illinois, Connecticut and Arizona over efforts to regulate prediction market operators such as Kalshi and Polymarket.
The owners of the popular Uncommon Ground restaurant, live music venue, and brewery in Chicago's Wrigleyville community announced this week that they're looking for a successor to take over the business.
Chicago consistently ranks in the top three cities in Fortune 500 company headquarters, and now a competition has been launched to build on Chicago's power in business.
The flagship Ann Sather restaurant on Belmont Avenue in Chicago's Lakeview community will be moving later this year, a restaurant representative said Tuesday.
The United States has long struggled with understanding and finding ways to help treat mental illness. A new documentary, which is screening Saturday in Chicago, examines the reality of living with mental illness in America.
Afrika Bambaataa, a rapper and producer, was best known for breakthrough tracks like 1982's "Planet Rock" and for founding the Universal Zulu Nation art collective.
Mozart's "Don Giovanni," the local premiere of the 2022 opera "Omar," and a fresh production of "Guys and Dolls" are among the highlights of the 2026-2027 season for Chicago's Lyric Opera.
Federal magistrate Renee Harris Toliver told Pooh Sheisty that the evidence against him is strong.
A major music festival featuring the rapper formerly known as Kanye West was canceled after the U.K. government blocked Ye from entering the country.
It was a special day at the Blackhawks Ice Center on Friday as the team held its inaugural Blackhawks Hall of Fame induction ceremony.
A crowded CTA bus was struck by bullets on Friday afternoon in the Bronzeville neighborhood, leaving one passenger injured.
The Hyde Park community is honoring the life of a woman who safely guided generations of students to and from school. Crossing guard Latanya Sullivan – affectionately known as Ms. Tanya – was a fixture outside Ray Elementary School for more than 25 years.
Emergency sewer repairs are causing a major downtown Chicago road closure starting next week. The Chicago Department of Transportation said southbound State Street will be closed between Wacker Drive and Randolph Street beginning Monday morning.
Chief meteorologist Albert Ramon has the latest First Alert Weather forecast.
A woman was injured when a CTA bus in Bronzeville was struck by gunfire Friday afternoon.
A man with an axe damaged the personal vehicles of several Chicago firefighters on Friday morning outside their fire station in Washington Park. It was the second such incident this week.
The Archdiocese is accusing Chicago Public Schools of abruptly pulling funding for students with disabilities, but the district disputes the claim.
NASA's Artemis II astronauts return to Earth with a splashdown landing in the Pacific Ocean after making a high-speed reentry through the atmosphere.
Due to popular demand, pope-themed hats that the White Sox initially offered as limited-edition items as part of a special ticket package in honor of Pope Leo XIV will now be given out to every fan who attends their Aug. 11 game against the Reds.
New proposed Illinois legislation would allow renters or people who can't install massive rooftop panels to also harness the power of the sun.
When a rusty light pole snapped and fell on a woman's car in Bucktown, causing thousands of dollars in damage, she thought the city would pay for it. She was wrong.
Financial exploitation is the leading type of elder abuse in Illinois. One Streamwood woman learned that personally, when her brother took hundreds of thousands of dollars from their parents' financial accounts.
One year after a teenage girl was shot outside her home in Country Club Hills, Illinois, and was told she would never walk again, she continued to defy the odds and reclaim her independence.
A Morgan Park family is still in shock after a staggering 300% spike in their latest property tax bill, and the man poised to take over as Cook County Assessor at the end of the year says it's an error he wants to make sure doesn't happen again.
Kris Bubic struck out a career-high 11, Carter Jensen hit his fourth home run and the Kansas City Royals beat the Chicago White Sox 2-0.
Due to popular demand, pope-themed hats that the White Sox initially offered as limited-edition items as part of a special ticket package in honor of Pope Leo XIV will now be given out to every fan who attends their Aug. 11 game against the Reds.
It was a special day at the Blackhawks Ice Center on Friday as the team held its inaugural Blackhawks Hall of Fame induction ceremony.
Bryan Reynolds hit a two-run homer and Carmen Mlodzinski pitched six-hit ball into the sixth inning, helping the Pittsburgh Pirates beat the Chicago Cubs 2-0.
Logan Stankoven had two goals and an assist, helping the depleted Carolina Hurricanes beat the Chicago Blackhawks 7-2.
Federal magistrate Renee Harris Toliver told Pooh Sheisty that the evidence against him is strong.
A man was injured in a fight with a woman at a CTA the CTA Belmont Avenue Red-Brown-Purple Line station this week, but police said he didn't report until several hours later.
Chicago police on Tuesday issued a community alert about car break-ins targeting patrons of a gym in the city's Irving Park neighborhood.
Chicago police on Tuesday issued a community alert about a rash of car break-ins in Jackson Park on the city's South Side.
A shooting left a 16-year-old boy dead Tuesday morning in Chicago's South Shore neighborhood.
