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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.
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.
The Chase for Business Make Your Move summit is in Chicago to help small business owners learn and grow their companies.
We've told you about Chicago's "Kite man," Temo Chavez. Now you can join him and his family to learn to build kites of your own.
Chicago Public Schools is working to see if it can keep its magnet school programs that were supposed to be funded with a federal grant after the Trump administration pulled the money.
A security guard is charged with aggravated battery in the shooting outside a South Loop Jewel-Osco that injured a 17-year-old girl.
As Israel's Prime Minister Benjamin Netanyahu began speaking at the U.N. General Assembly in New York, dozens of people walked out of the room in protest.
President Trump's Justice Department has brought criminal charges against James Comey, indicting him on two counts, though a federal grand jury rejected one count.
Defense Secretary Pete Hegseth has directed generals and admirals, as well as some of their staff, from around the world to come to Quantico, Virginia, next week.
Cook County Republican Party Chairman Aaron Del Mar will be Bailey's running mate.
City attorneys have said that taking the lawsuits to trial would have cost the city far more — up to $500 million — to resolve the avalanche of wrongful conviction cases tied to former Sgt. Ronald Watts.
Federal prosecutors are considering asking a grand jury to indict former FBI Director James Comey, sources say.
Marilyn Hagerty, the North Dakota newspaper columnist whose earnest review of her local Olive Garden became a social media sensation, has died.
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.
The treatment involved a patient with uveal melanoma — a rare cancer of the eye — that had spread to the patient's liver.
The person who died was a suburban Cook County resident in their 60s.
The department said the patient was a 4-year-old child who was not vaccinated.
Colon cancer is the leading cause of cancer death in men under 50 and the second leading cause in women of the same age, according to the American Cancer Society.
Illinois Governor JB Pritzker signed an executive order last week to protect state residents' access to COVID and other vaccines in the fall respiratory virus season.
The Chase for Business Make Your Move summit is in Chicago to help small business owners learn and grow their companies.
On Saturday, Sept. 27, the Goodman will host an ice cream social with ice cream from Rainbow Cone, accompanied by stories from the owners of three of Chicago's most beloved businesses
The funding was made possible through the second round of the National Electric Vehicle Infrastructure Program.
Chicago-based sandwich maker Potbelly is being acquired by the gas station and convenience store chain RaceTrac for $566 million.
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.
Rocki Irish Mayers was born on Sept. 13, according to Rihanna's caption on Instagram.
Jimmy Kimmel returned to his late-night show just less than a week after network broadcaster ABC pulled "Jimmy Kimmel Live!" over remarks he made about the assassination of conservative activist Charlie Kirk.
News of Carroll's death was shared on social media early Monday by multiple friends and collaborators.
"Jimmy Kimmel Live!" had been preempted on Wednesday following comments Kimmel made on the show in response to the shooting death of conservative activist Charlie Kirk.
Clad in black leather, Stamos joined founding Beach Boys member Mike Love, 60-year group veteran Bruce Johnston, and the touring band that now plays with them.
We’ve told you about Chicago’s “Kite man,” Temo Chavez. Now you can join him and his family to learn to build kites of your own at the Garfield Park Conservatory.
Sunny and clear with highs in the low- to mid-80s Friday. Get the latest seven day forecast from our First Alert Weather team.
Vince Gerasole has an inside look at "Ashland Avenue" now playing at Goodman Theatre.
The Make Your Move Summit is in Chicago to help small business owners grow and prosper.
At least two protesters were detained on Friday morning. Federal agents deployed pepper balls, tear gas, and rubber bullets several times at 50 to 75 protesters standing outside the facility, despite the fencing.
This comes a week after a heated exchange outside the facility that led to multiple arrests.
A security guard is charged with aggravated battery in the shooting outside a South Loop Jewel-Osco that injured a 17-year-old girl.
A woman selling tamales was detained by U.S. Immigration and Customs Enforcement on Thursday in the Back of the Yards neighborhood on the Southwest Side of Chicago.
Video from the scene shows firefighters battling heavy smoke and flames at the severely damaged building.
On Sept. 26, 1957, renowned herpetologist and Field Museum curator emeritus Karl Patterson Schmidt died from a snakebite. He documented the process in meticulous, graphic detail.
Chicago's violent crime is down double-digit percentage points so far in 2025 compared to 2024, according to a CBS News analysis of Chicago Police Department data.
Village of Lisle moves to find alternatives to high water bills for homeowners who get water from a private company
Ald. Vasquez said it's the first time he's seen such an act, but is open to speaking to whoever left the dead rat and note about immigrants, calling them both vermin.
What do barbecued monkey, ostrich eggs, and whale meat sausage have in common? They've all recently been seized by U.S. Customs and Border Protection specialists at O'Hare Airport.
West Garfield Park residents are excited to learn that a new EV charging station is coming to their area at the end of the month.
Francisco Lindor homered to reach the 30-30 milestone for the second time, Brett Baty went deep and the New York Mets beat the Chicago Cubs 8-5 to remain in position for the final National League wild card.
The playoff-bound Yankees finished a three-game sweep to move a season-high 23 games above .500.
As the Bears get ready to hit the road for Sunday's game against the Raiders in Las Vegas, Ben Johnson's offense remains a running game by committee, but nobody seems to be complaining.
The Cubs took control with a five-run rally in the third off rookie Jonah Tong (2-3).
The Yankees regained a share of the AL East lead for the first time since July with an 8-1 win over the White Sox on Wednesday.
A Chicago man was arrested after police say he was involved in identity theft and financial fraud across Metro Detroit.
Two vehicles were involved in the burglary at the GameStop at 120 S. Mannheim Rd., which happened around 4:15 a.m., Hillside police said.
At least eight burglaries were reported since Sunday in the Brighton Park, Chicago Loop, Lake View East, Edgewater, and Logan Square neighborhoods.
One person was killed and two people are in critical condition after a shooting at a U.S. Immigration and Customs Enforcement (ICE) field office in Dallas, authorities said.
A Chicago man has been sentenced to more than seven years in federal prison for robbing a United States Postal Service mail carrier at gunpoint.
