After The Bell: Stocks Plunge
Fears about interest rates and inflation are to blame, observers say.
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Fears about interest rates and inflation are to blame, observers say.
Todd Ricketts would replace Steve Wynn, the casino mogul who stepped down amid sexual misconduct allegations he denies.
Toys R Us, operating under bankruptcy protection since the fall, has announced it will close up to 20 percent of its stores, as it seeks to restructure its business under increasing competition from online retailers.
The companies that handle all the returns are doing quite well, and a lot of unwanted gifts end up in warehouses in the Chicago area.
Chicago has been selected as one of 20 cities that will move forward in the competition to host Amazon's second headquarters.
Caterpillar announced last year that it would move its top executives and its headquarters out of the Peoria region.
CEO Jim Hackett's appearance in the Chicago region was highly stage-managed, according to women who have spoken out against supervisors.
Black unemployment is at its lowest point on record, yet it's still well above the jobless rate for white, Hispanic or Asian Americans.
The S&P 500 gained 10, the NASDAQ added 12 and the Dow Jones Industrial Average closed up over 152 points, settling to 25,075.
The Hoffman Estates, Illinois-based company says that includes 64 Kmart stores and 39 Sears stores that will be shuttered between early March and early April.
Even if your battery is fully charged, the capacity is what you should pay attention to.
At less than 3 ounces, McDonald's said the fresh beef patties used in the Archburger are slightly smaller than those in the Quarter Pounder and larger than the ones in its hamburgers and cheeseburgers.
The Cook County Land Bank Authority has helped turn around some 200 properties since 2013. CBS 2's Dana Kozlov reports.
There is a hole where the Glazed & Infused chain used to be, according to published reports.
Tens of thousands of people lined up to pay their taxes Thursday just days before Christmas, before the Republican tax bill goes into effect. CBS 2's Audrina Bigos explains.
"We are removing the National Guard from Chicago, Los Angeles and Portland," President Trump announced.
A recently released cache of security videos is raising new questions about the prison cameras at the facility where Jeffrey Epstein died in his cell in 2019.
Chicago Mayor Brandon Johnson and U.S. Customs and Border Protection Cmdr. Greg Bovino sparred on social media this week, after the mayor endorsed "ABOLISH ICE" as a possible name for a Chicago snowplow.
Two separate court hearings was held Wednesday to try to stop the sudden loss of $60 million in funding for Illinois after-school programs.
Education advocates in Chicago filed two lawsuits against the U.S. Department of Education this week, arguing that students returning from Christmas vacation will be left without crucial resources such as after-school programs.
As this holiday season nears its end, Illinois Treasurer Alexi Giannoulias issued a warning Tuesday about text scams.
A new report shines a light on electricity shortages that Illinois could face in less than 10 years.
With less than two weeks until Christmas, if you're sending gifts to people far from home, the deadlines to get them there on time are fast approaching.
A condo owner in Country Club Hills says he's forced to sell his home after his condo association failed to reimburse him for repairs to his leaking roof. Edward Hadnott's condo has sat empty since a major roof leak in 2022.
The U.S. stopped minting pennies this week, and some groups have issued a warning about the headaches that can create for some businesses and consumers.
Millions of people with an Affordable Care Act health plan face a massive jump in premiums next year — this chart shows just how much.
It's the holiday season, which means it's the most common time of year for norovirus to spread. Here's what you need to know about this winter stomach bug.
A study conducted in part by Chicago's Northwestern Medicine found that tanning beds not only triple the risk of melanoma, but can also damage DNA across nearly the whole skin surface.
An investigation into the case of a Michigan man who contracted rabies after an organ transplant provided more details on the infection's origin.
The newest measles vaccination numbers released by Chicago Public Schools shows immunizations are finally moving in the right direction.
American Airlines announced Monday that it is adding 100 more departures from Chicago early next year as it continues its expansion at O'Hare International Airport.
The Chicago Bears are expanding their search for a new stadium to Northwest Indiana, even though they already own land in Arlington Heights and have also proposed a new lakefront stadium in Chicago.
A Culver's is coming to Chicago's South Loop, a real estate broker has confirmed.
A new vision for passenger rail is on track in southeastern Wisconsin. The MARK Passenger Rail Commission held its inaugural meeting on December 5, 2025, at Racine City Hall.
U.S. Steel says it'll resume making steel slabs at its Granite City Works plant in Illinois amid strengthening demand.
Isiah Whitlock Jr. is perhaps best known for his role as state Sen. R. Clayton "Clay" Davis on HBO's "The Wire."
It marks the second lawsuit in recent months accusing the filmmaker and studio mogul of leveraging his power in Hollywood to make sexual advances.
The band announced Perry Bamonte's death on their official website on Friday.
The message, aired on Channel 4 on Christmas Day, reflected on the impact of President Trump's second term in office thus far.
The singer said an MRI showed a cancerous spot on one of his lungs after he recovered from a lengthy bout of bronchitis.
Chicago police are looking for the driver who ran off after crashing into a pole, leaving their passenger fatally injured in the SUV.
A record store in the Beverly neighborhood started off 2026 by cleaning up their shop, after a car crashed into the building early Thursday morning.
Seven people were taken to the hospital after a crash on the city's Near North Side early Thursday morning.
With a new year comes many new laws, including some that will have a significant impact on people in Illinois.
At least six people are dead after protests in Iran, sparked by Iran's struggling economy.
Crews arrived at the still and box fire and saw smoke coming from the third floor of the apartment with two people hanging from the window, fire officials said.
A host of new laws in Illinois will take effect on Jan. 1, 2026. From gun safety to rogue towers, protection from squatters, medical assistance in dying, protections for immigrants and more, here are some of the most notable changes in the new year.
After more than 40 years in the U.S., a 70-year-old Filipino grandmother is being deported this week, and her family fears she could have serious medical issues on the flight from O'Hare International Airport to the Philippines.
Police in Switzerland say a fire at a bar in the Crans-Montana ski resort area is believed to have left "several tens of people" dead and dozens more injured.
A record store in the Beverly neighborhood started off 2026 by cleaning up their shop, after a car crashed into the building early Thursday morning.
As thousands of people are expected downtown for New Year's Eve celebrations, Mayor Johnson, the Chicago police, and the Office of Emergency Management and Communications are trying to get out ahead of any safety concerns.
Cameras not working, video evidence missed by police and a psychic that leads a hit and run victim's son to a clue that changes the case
Some Chicago area hospitals are at risk of significant flooding both in and around the buildings, according to new KFF Health News/Fathom models.
Lawmakers in Springfield are looking to address the high water bills being reported in some suburbs from customers of Illinois American Water.
Electric bills in the Chicago area could go up as much as $70 in the next three years because of data centers, according to the Citizens Utility Board.
Isaac Okoro scored a season-high 24 points, Tre Jones added 20 points and 12 assists and the depleted Chicago Bulls topped the New Orleans Pelicans 134-118.
Chicago had a chance to win in regulation, but Nick Foligno shot the puck off a post on a prime scoring opportunity in the final seconds.
Former Oregon and Philadelphia Eagles coach Chip Kelly has been hired as Northwestern's offensive coordinator.
Stefon Diggs, a star wide receiver with the New England Patriots, is facing criminal charges after an incident in Massachusetts earlier this month.
Nikola Vucevic led Chicago with 23 points, but the depleted Bulls couldn't keep pace and lost a second straight following a five-game winning streak that had lifted them back to .500.
A teenager was killed and another person was wounded in a shootout Wednesday afternoon in Cicero, after a robbery attempt during a social media marketplace sale, police said.
A man was left in critical condition Wednesday when someone opened fire from a vehicle in broad daylight in the North Lawndale neighborhood on Chicago's West Side.
A woman stood charged Wednesday in a car-into-pedestrian crash that killed a man in November in Zion, Illinois north of Chicago.
A man was ordered detained Tuesday on charges of claiming to have placed bombs in the cars at a Porsche auto warehouse in the west Chicago suburb of Westmont, authorities said.
A man was killed and a teen was wounded in a shooting in broad daylight Tuesday in Chicago's Humboldt Park neighborhood.
