University of Chicago professor Douglas Diamond wins Nobel Prize in Economics
Diamond won the prize along with former Federal Reserve Chairman Ben Bernanke – now of the Brookings Institution – and Philip Dybvig of Washington University in St. Louis.
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Diamond won the prize along with former Federal Reserve Chairman Ben Bernanke – now of the Brookings Institution – and Philip Dybvig of Washington University in St. Louis.
The U of C said Diamond’s research has “changed the way people view banks and laid the groundwork for how central bankers, regulators, policymakers, and academics approach modern finance.” Diamond talked with CBS 2's Jim Williams Monday.
In this video supplied by the University of Chicago, Booth School of Business Professor Douglas Diamond talks about finding out he won the Nobel Prize in Economics.
The telescope reflector is made from two 20-ton blocks of aluminum.
The telescope reflector is made from two 20-ton blocks of aluminum.
A family-friendly festival for kids who love science.
The nurses' union has said more than 580 nurses left the hospital in the past year, and they've had at least 100 vacant nursing positions for more than a year.
"It's going to be paid for in the future through one of two things, either tax increases or less government spending on things we care about."
"Stay indoors, work from home, that kind of stuff. If you're not able to do that, you're forced to be exposed more."
The lawsuit, filed in February, accuses the schools of taking part in a price-fixing formula that reduced or eliminated financial aid.
The U of C says quantum phase transitions can "make a physicist's jaw drop." They can involve a material becoming magnetic when it wasn't before.
A physician on the city's South Side is sharing his talents and knowledge well beyond his hospital.
Chicago and University of Chicago Police have warned students to be on guard after a string of armed robberies not far from campus in Hyde Park.
Zimmer has been suffering from glioblastoma, an aggressive type of tumor that affects the brain.
"Our ambition in opening the Academy Museum was to give Los Angeles and the world an unprecedented institution for understanding and appreciating the history and culture of cinema, in all its artistic glory and all its power to influence and reflect society."
The men's team won it all 5-2 on an ace by Alshon over Case Western Reserve University for their first-ever national championship.
The men’s team won it all on an ace over Case Western Reserve University for their first-ever national championship.
The university is providing a $3 million grant to the city to fund installation of 110 new police surveillance cameras and license plate readers in the neighborhoods surrounding its South Side campus.
The University of Chicago will be funding a project to install more than 100 new surveillance cameras and license plate readers near its Hyde Park campus, which would be monitored by the Chicago Police Department. CBS 2's Meredith Barack reports.
For the first time in school history, both teams are ranked number one in their region in Division III.
The image was produced by the Event Horizon Telescope Collaboration, using a network of radio telescopes around the world – including the University of Chicago-affiliated South Pole telescope.
CBS 2’s Jim Williams talked with the black hole discovery with University of Chicago professor John E. Carlstrom.
In a discussion with Jeffrey Goldberg, editor-in-chief of The Atlantic magazine, Mr. Obama talked about misinformation, media partisanship, and other subjects.
Former President Barack Obama is speaking at the University of Chicago – where he served as a lecturer at the Law School before going to Washington.
Coaches help their players in so many ways, and now, players are helping a football coach at the University of Chicago in his time of need. CBS 2's Jackie Kostek reports.
Minnesota forward Nick Foligno received a warm welcome in his first game against Chicago since he was acquired in a March 6 trade with the Blackhawks.
Former U.S. Rep. Melissa Bean is projected to win the Democratic primary in the 8th Congressional District in Illinois, a seat incumbent U.S. Rep. Raja Krishnamoorthi is giving up to run for the U.S. Senate.
Chicago police said that the victim, an 18-year-old man, was struck in the head by gunfire on Tuesday evening.
The 2026 Illinois primary results in the race for governor set up a rematch between Gov. JB Pritzker and his 2022 Republican challenger Darren Bailey.
The decision comes after Tuesday's meeting, where the refinery said the United Steelworkers Union, which represents 900 workers at the refinery, rejected the company's revised offer.
Former U.S. Rep. Melissa Bean is projected to win the Democratic primary in the 8th Congressional District in Illinois, a seat incumbent U.S. Rep. Raja Krishnamoorthi is giving up to run for the U.S. Senate.
The 2026 Illinois primary results in the race for governor set up a rematch between Gov. JB Pritzker and his 2022 Republican challenger Darren Bailey.
The 2026 Illinois primary election is Tuesday, March 17. Here are results for all races.
CBS News projects Cook County Commissioner Donna Miller has won the Democratic primary for U.S. Rep. Robin Kelly's seat in the 2nd Congressional District in Illinois, handing a defeat to former U.S. Rep. Jesse Jackson Jr. in his bid for a political comeback.
Illinois state Rep. La Shawn Ford is projected to be the winner of the crowded Democratic primary for the 7th Congressional District, in a race to replace U.S. Rep. Danny Davis, who will be retiring at the end of his term, according to CBS News analysis.
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.
Stratton spoke to her supporters after her projected win against Raja Krishnamoorthi and Robin Kelly.
Biss gives his remarks after his projected win out of 14 other candidates, including runner-up Kat Abughazaleh.
State Rep. La Shawn Ford spoke with CBS News Chicago after challenger Melissa Conyers-Ervin conceded the 7th District primary to him.
The Cook County Board president shared some plans with CBS News Chicago for her next term, which she says will be her last.
Preckwinkle speaks after securing 68% of the vote, beating opponent Brendan Reilly.
Candidates for governor, U.S. Senate, U.S. House, and Cook County Board President were among the races on the ballot in the 2026 Illinois primary election on Tuesday.
CBS News has projected Lt. Gov. Juliana Stratton is the winner of the Democratic primary for Illinois' U.S. Senate seat.
Evanston Mayor Daniel Biss is projected to win the Democratic primary in the 9th Congressional District in Illinois, one of the most closely watched congressional races in the 2026 midterms.
A Chicago firefighter has died from injuries he sustained while battling an extra-alarm fire Monday afternoon in an apartment building in Rogers Park.
Former U.S. Rep. Melissa Bean is projected to win the Democratic primary in the 8th Congressional District in Illinois, a seat incumbent U.S. Rep. Raja Krishnamoorthi is giving up to run for the U.S. Senate.
Have you ever walked into a business with no employees? You may soon; autonomous businesses are becoming more popular.
Streets were left pooled with rainwater, and homes flooded after Sunday night's storms. Residents say there is one clear solution
Attorneys for the family of a woman killed in a crash during a high-speed police chase in 2017 say officers involved failed to activate their body cameras or turned them off during the pursuit.
A new specialized unit is being created to prosecute domestic violence homicides in Cook County, as these killings surged 15% last year, even as overall violent crime declined across Chicago.
After a year of water bill complaints in Lisle, Illinois, the village board is officially moving forward with a plan to review those issues and possibly have the village take over for the private utility that supplies water to part of the village.
Minnesota forward Nick Foligno received a warm welcome in his first game against Chicago since he was acquired in a March 6 trade with the Blackhawks.
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.
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 man stood charged Tuesday in two separate shootings that wounded a Chicago police sergeant and a 63-year-old woman in the Pullman and Roseland neighborhoods this past weekend.
Jurors delivered their verdict Monday in the trial of Kouri Richins, a Utah mother accused of murdering her husband and later publishing a children's book about grief.
A suspect Is in custody after one person was killed and another was critically injured in a stabbing on Sunday morning at a home in Merrillville, Indiana.
A man was critically injured after he was shot while driving in Chicago's West Humboldt Park neighborhood Sunday night.
