Stock market rout deepens as Dow plunges more than 2,200 points
Stocks continued to tumble in the U.S. Friday as financial markets suffered their biggest two-day drop since 2020.
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Stocks continued to tumble in the U.S. Friday as financial markets suffered their biggest two-day drop since 2020.
The crowd couldn't fit into Daley Plaza, so hundreds had to stand in the middle of neighboring streets as they protested President Trump and billionaire White House senior adviser Elon Musk.
Hundreds of "Hands Off" protests were held around the country, taking aim at the Trump administration's cuts to the federal workforce, immigration policies, tariffs, and more.
The White House says a message telling thousands of Ukrainian refugees to immediately leave the U.S. was a mistake.
Thousands gathered and marched in downtown Chicago on Saturday, at just one of hundreds of "Hands Off!" protests around the world targeting President Trump and his administration. The rally at Daley Plaza was the biggest protest in Chicago since President Trump took office.
President Trump is playing golf and getting ready for a new week after a busy one that brought new global tariffs and a fierce stock market reaction.
Thousands of protesters packed Daley Plaza on Saturday, staging the biggest protest in Chicago since President Trump took office.
According to an internal email, three-quarters of the positions in the IRS Office of Civil Rights and Compliance will be eliminated.
As President Trump demands that the U.S. regain control of the waterway, Hegseth will meet with Panama’s leaders next week.
Stocks plummeted on Wall Street for the second day in a row, after China issued retaliatory tariff on the U.S. in response to President Trump’s sweeping new tariffs on foreign imports. The uncertainty is fueling fears of inflation and a possible recession.
If you frequently shop on Shein or Temu, be prepared to pay more after President Trump eliminated a trade loophole allowing the retailers to avoid import taxes on packages under $800. Starting May 2, Shein and Temu goods will face a tax rate of 30% of their value or $25 per item.
Stocks suffered their worst crisis since COVID in March 2020, as the Dow Jones plunged more than 2,200 points on Friday, over concerns about the fallout from President Trump’s tariffs. The NASDAQ and S&P lost nearly 6 percent. Posting on social media as he went golfing, the president called this “a great time to get rich.” But in a rare move, President Trump is calling on the Federal Reserve to cut interest rates. Fed chairman Jerome Powell warned on Friday that tariffs could do long-term harm to the economy.
China announced Friday it will hit the U.S. with a 34% across the board tariff on U.S. goods next week as the Trump administration's new reciprocal tariffs are set to take effect.
As Jarred Hill reports, the White House continues to promise the long-term gain will be worth it.
Beijing fires back at Trump's latest tariffs with a matching 34% tax on all U.S. imports and tightened export controls on rare earth elements.
Stock futures are pointing to another major drop in U.S. financial markets as global trade war risks rise.
Nasdaq also sinks more than 1,000 points as investors fret over the potential economic impact of President Trump's latest tariffs.
It is not yet known how much more consumers will pay for nearly everything they buy.
President Trump’s sweeping tariff plan sent shockwaves through Wall Street, with the Dow Jones dropping more than 1,000 points in the first 30 seconds of trading on Thursday, fueling fears of a recession.
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.
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."
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.
Souleymane Diallo, 33, was arrested and charged with two felony counts, including first-degree murder, in the shooting of a 31-year-old man at a South Loop business Friday night.
Five watches, valued at a total of $170,500, were taken during the incident, prosecutors say.
Lenyn Sosa homered and drove in three runs as the Chicago White Sox beat the Detroit Tigers 6-4 on Sunday afternoon.
For the first time since 2019, the Fiestas Patrias Parade returned to downtown Aurora amid concerns about the proposed immigration crackdown by the Trump administration.
To combat crime in the South Loop, the Cook County Sheriff's Office opened up a substation at Roosevelt and State. However, many were unsure if it had actually opened.
Sen. Tammy Duckworth, an Illinois Democrat, said President Trump "essentially just declared war on a major city in his own nation."
The following is the transcript of an interview with Sen. Tammy Duckworth, Democrat of Illinois, that aired on "Face the Nation with Margaret Brennan" on Sept. 7, 2025.
Democratic elected officials in Chicago are responding after President Donald Trump again appeared to threaten to send in troops for a widespread immigration and crime crackdown.
The Universal Postal Union says it has started rolling out new measures that can help postal operators around the world after the U.S. eliminated the so-called "de minimis exemption."
President Trump has targeted Chicago and other Democrat-led cities for expanded federal intervention.
Some municipalities have decided to keep the tax in place at the municipal level, on the grounds that they need the revenue.
Some local gas stations as of Tuesday afternoon were posting prices of $4 per gallon for regular unleaded, and more than $5 for premium.
Many drivers are as frustrated with the unexplained spike in their auto insurance as they are with congestion on the roads.
The Arlington Heights Village Board on Monday night approved a new 5% streaming tax.
Morton Grove slapped the seller with code violations after the sale to the Hovey family was completed, which prevented them from getting a deed.
The Chicago Breast Cancer Research Consortium is a first-of-its-kind collaboration, uniting all three nationally recognized hospitals to work on research together.
Health experts said they are concerned that the new guidelines set this week by the FDA will create extra steps and potential obstacles to get the shot.
Illinois is one of 20 states now suing the Trump administration for withholding grant money for crime victims. In Illinois, $54 million goes to provide services for crime victims. Workers warn many will now be left behind.
A Chicago rock climber was grounded by a scary medical issue — a cyst in her brain. But a friendly face in the operating room helped Sophie Lin get to the gym again.
With school starting next week for thousands of students, health officials are urging parents to get their kids vaccinated.
The other two American Science & Surplus stores, in the west Chicago suburb of Geneva and in Milwaukee, may stay open as employee-owned and operated businesses.
The private equity firm Sycamore Partners has completed its acquisition of Walgreens, ending the drugstore chain's run as a publicly traded company.
Accessories retailer Claire's just revealed a list of hundreds of stores it will close as part of its Chapter 11 bankruptcy proceedings.
A company that installs license plate-detecting cameras to aid law enforcement has halted operations with federal agencies because of ongoing concerns among officials in Illinois and elsewhere.
A Wisconsin man has pleaded guilty to smuggling lab equipment to Russian companies in violation of U.S. sanctions.
Want to watch the 2025 VMAs live tonight? Here's how to catch the red carpet interviews and star-studded performances.
The choir has been making Chicago proud with their run on "America's Got Talent," and this week, voters advanced them to the semifinals.
The sold-out show kicked off at 7:30 p.m. Chicago is one of only three U.S. cities on the band's world tour.
Fans have been eager to learn everything they can ever since Taylor Swift and Travis Kelce announced their engagement in a joint post.
Taylor Swift and Travis Kelce announced the news of their engagement with photos on Instagram.
For the Bears' home opener, it'll feel like football weather with temperatures in the 60s for the game, and a mainly clear sky. Beautiful sunshine returns to the forecast this week, too.
Police believe the woman crossed the tracks heading west before a southbound Metra train went through the crossing.
In each incident, the victims were walking when a white Nissan sedan pulled up and a robber exited the car armed with a rifle, announced a robbery, and took the victims' property, police said.
Pope Leo XIV canonized Carlo Acutis on Sunday during an open-air mass in St. Peter's Square.
Vendors from all over the city, took over State Street in the Loop. The last one of the season is scheduled for Oct. 5.
Volunteers with the Illinois Coalition for Immigrant and Refugee Rights confirmed immigration enforcement at two locations in Archer Heights, as well as one in West Lawn.
President Trump has targeted Chicago and other Democrat-led cities for expanded federal intervention.
To combat crime in the South Loop, the Cook County Sheriff's Office opened up a substation at Roosevelt and State. However, many were unsure if it had actually opened.
Souleymane Diallo, 33, was arrested and charged with two felony counts, including first-degree murder, in the shooting of a 31-year-old man at a South Loop business Friday night.
Sen. Tammy Duckworth, an Illinois Democrat, said President Trump "essentially just declared war on a major city in his own nation."
To combat crime in the South Loop, the Cook County Sheriff's Office opened up a substation at Roosevelt and State. However, many were unsure if it had actually opened.
The man accused in the attacks has a long record of being arrested, prosecuted, and then quickly being set free to attack again.
With an enforcement blitz by U.S. Immigration and Customs Enforcement anticipated in the coming days, more people could be in immigration custody are in need of legal help.
This Labor Day weekend was much more violent than those of recent years — driven in part by mass shootings.
Questions have arisen about the future of Illinois' criminal detention system, in light of President Trump's executive order to bring back cash bail.
Lenyn Sosa homered and drove in three runs as the Chicago White Sox beat the Detroit Tigers 6-4 on Sunday afternoon.
The Cubs entered the ninth leading 3-1, but Palencia (1-6) failed to retire any of the five National hitters he faced before leaving with right shoulder tightness.
Tarik Skubal allowed two singles in seven innings and the Detroit Tigers ended Chicago's six-game winning streak with a 6-0 win over the White Sox.
Daylen Lile hit a tiebreaking home run in the fourth inning and rookie Brad Lord struck out a season-best seven to help the Washington Nationals beat the Chicago Cubs 2-1.
Luke Altmyer threw for 296 yards and three touchdowns and No. 11 Illinois capitalized on a series of mistakes by Duke to beat the Blue Devils 45-19 for a road win against a power-conference opponent.
The teenage boy was shot three times in the body and was left in critical condition, while the woman was shot twice in the right leg and was reported in fair condition.
In each incident, the victims were walking when a white Nissan sedan pulled up and a robber exited the car armed with a rifle.
The 34-year-old man was in a quarrel with another man in the first block of South State Street when the second man attacked the first man with a sharp object, police said.
A man was found dead of a gunshot wound near the 35th/Archer Chicago Transit Authority stop in the city's McKinley Park neighborhood.
The three male victims were in a physical fight with an attacker who took out a sharp object and attacked them, police said.
