Rules changes could affect how homes are bought and sold
This August, some changes could be coming to the way you buy and sell your home.
This August, some changes could be coming to the way you buy and sell your home.
The annual income needed to afford even a basic home in the U.S. has risen sharply since the pandemic, a new report shows.
Target, looking for ways to add sales, is relaunching its Target Circle loyalty program including a new paid membership with unlimited free same-day delivery in as little as an hour for orders over $35.
Although U.S. unemployment remains near a 50-year low, job losses have surged this month. Here's what tells about the state of the labor market.
Workers in some jobs, including many who are self-employed, enjoyed double-digit wage gains last year. Here's who got the biggest pay bumps.
This year's robust stock market performance defied analysts' predictions as investors cheered prospects of lower interest rates and inflation.
It may seem hard to believe, but after the holidays, the presidential campaign season will really heat up -- and CBS News just out with a new poll on how people are feeling about the economy. CBS News pollster Anthony Salvanto joins us to explain the results.
Meanwhile, pilots at Southwest are poised to follow with the opening a "strike center" in Dallas this week.
Incomes fell in 2022 and more people fell into poverty after the end of pandemic benefits like stimulus checks.
UPS and the Teamsters union have reached a tentative contract on working conditions for the 340,000 unionized employees at the shipping giant, both parties announced Tuesday.
When Beyonce made her way to Philadelphia, search traffic for beauty services like nail salons soared 193% higher than normal. Searches for hair stylists rose 73%.
Queen B is coming to town, Beyonce that is, and with the Renaissance World Tour just a few days away, businesses are already preparing for a wave of concertgoers. CBS 2's Sabrina Franza explained.
"Revenge travel" continues to surge. Americans are booking trips right and left thanks to a burning desire to leave their homes after the pandemic. What's not so hot is how it's going behind the scenes at hotels. CBS 2's Lauren Victory reported on a recruitment solution the industry is pushing for and how it could affect your taxes.
The president also attended fundraisers as he gears up for a reelection bid while he was in Chicago.
President Joe Biden was in Chicago on Wednesday to deliver a major speech on his economic agenda and success during his term in office.
The industries with the most hiring were government, finance, and hospitality.
The State of Illinois released new data on Thursday showing the unemployment rate is down and hiring is up. The numbers show the unemployment rate fell by 0.1% points to 4.1% and 2,500 jobs were added in Illinois in May.
"People have been using the wrong R-word to describe the economy," one economist said. "It's resilience — not recession."
"No one should assume that the Fed can… really protect the economy and the financial system, and our reputation globally, from the damage such an event might inflict," Federal Reserve Chairman Jerome Powell said.
Mired in a prolonged sales slump, the retail chain has struggled to attract customers both in stores and online.
CEO Jonah Peretti wrote in a memo that "the company can no longer continue to fund BuzzFeed News as a standalone organization."
The goal is to help the Asian American, Native Hawaiian, and Pacific Islander business community.
The event is also to connect community members directly with federal leaders and resources.
The 517,000 figure is about three times higher than many economists' predictions.
U.S. employers added 517,000 jobs in January, a mark exceeding all expectations. That figure is about three times higher than many economists' predictions. But how does Chicago compare to the national numbers?
What to know as banks, airlines and other Microsoft clients grapple with global outages due to a CrowdStrike software issue.
Adel Daoud was 18 years old when he was arrested after parking a car outside a downtown bar in September 2012 and pushing a button he believed would set off a 1,000-pound bomb inside.
Anthony Jimenez, 25, was charged with two counts of first-degree murder.
"Midnight in the Garden of Good and Evil" spent 216 weeks on the New York Times Best-Seller List, and now one of the musical world's most respected talents is helping it sing.
"My heart is shattered, because it was a nice lady," Kim Sanders said. "She never bothered anybody."
More than two dozen House Democrats have now publicly called for President Biden to end his bid for re-election.
"I am not supposed to be here tonight," former President Donald Trump said. "I stand before you in this arena only by the grace of almighty God."
Two senior House Democrats believe Biden could leave the 2024 presidential race within days after a pressure campaign from top Democratic lawmakers.
The delegates signaled total comfort and confidence with where things sit four months before the election.
Trump would also lead Harris. Voters say both Biden and Trump encouraged national unity after assassination attempt against Trump.
The hike was fueled mainly by the company's Safety Modernization Program to replace nearly 2,000 miles of dangerous, old, deteriorating natural gas pipes.
As of Tuesday evening, a total of five tornadoes had been confirmed in the Chicago area from the storms Monday night and six Sunday night.
The tax is up just 2 cents compared with Sunday. But it is quite a jump compared with the Illinois gas seven years ago.
One third of Chicago's roughly 400 new car dealers are using pen and paper to complete deals.
The family asked CBS 2 for help after they found themselves stuck with random stuff and boxes filling their space—and nowhere else left to turn.
Lisa Gee's experience taught her the life-saving importance of organ donations for thousands of patients.
Keisha House said people trust their hairdressers and barbers, and great communication takes place while in those chairs.
The FDA found even some products that claimed to be "sterile" were contaminated.
Under state law, all children living in a high-risk ZIP code must be tested for lead exposure at 12, 24, and 36 months of age.
Shane Butler said he was grateful to be alive, and he owes it all to the safety training he did exactly one year before he accidentally shot himself.
Bally's took possession of the River West property July 5.
The plant, which was indefinitely idled in February 2023, is expected to reopen next year.
Fiscal Year 2024 saw total cannabis sales exceed $2 billion, which exceeded the figures for Fiscal Years 2023 and 2022.
Kroger owns the Mariano's brand, while Albertsons owns Jewel-Osco.
The DNC arrives at the United Center from Aug. 19-22.
Newhart was an Oak Park native and an alumnus of Saint Ignatius College Prep and Loyola University in Chicago.
Bob Newhart, who starred in the long-running sitcoms "The Bob Newhart Show" and "Newhart," has died at age 94.
Nominations for the 76th annual Emmy Awards were announced Wednesday, with "Shōgun," "The Bear," "Hacks," "Only Murders in the Building" and "Baby Reindeer" all earning multiple major nods. See the full list of nominees for the 2024 ceremony here.
"Big Brother" announced Tuesday the 16 new Houseguests who will move into the "Big Brother" house and, for the first time ever, have the power to vote in a 17th houseguest.
After many people criticized Andress' rendition of the National Anthem online, comparing her with Fergie, the singer says she's going to rehab.
No matter the season, the team at Pizzeria Portofino, located at 317 N. Clark St., says that it's always summertime.
It was on the New York Times best-seller list, later made into a movie directed by Oscar-winner Clint Eastwood, and now "Midnight in the Garden of Good and Evil" is on stage. Vince Gerasole sits with the composer and lyricist.
Meteorologist David Yeomans tracks wet weather in the extended forecast.
A new CBS news poll shows Biden trailing Trump in battleground states by three points, and overall, by five points. It’s Trump's largest lead in this campaign thus far.
Former President Donald Trump took the stage during the last night of the Republican National Convention in Milwaukee in front of his family and some of his biggest supporters to receive the Republican nomination for president. His speech became the longest acceptance speech in U.S. History.
"My heart is shattered, because it was a nice lady," Kim Sanders said. "She never bothered anybody."
More than 200 flights had been canceled, and nearly 900 others had been delayed as of late Friday morning.
A total of 25 House Democrats have now publicly called for President Biden to end his bid for re-election.
What to know as banks, airlines and other Microsoft clients grapple with global outages due to a CrowdStrike software issue.
Adel Daoud was 18 years old when he was arrested after parking a car outside a downtown bar in September 2012 and pushing a button he believed would set off a 1,000-pound bomb inside.
Former Secret Service agent McCarthy said security for both conventions is now even under more scrutiny since the assassination attempt on former President Trump.
The department has now confirmed they will be providing emergency medical support both inside the secure perimeter that will be going up around the United Center.
Data show the 4th of July has historically been one of the deadliest days of the year.
The former University of Illinois football player had been hired at Aunt Martha's despite having a criminal conviction on his record.
Two battalion chiefs told CBS 2 Investigators said hiring needs to be a priority for the Chicago Fire Department, and they plan to protest their working conditions.
Franklin competed in the 2020 Tokyo Olympics and will be suiting up for Team USA a second time this summer in Paris. But earning a bronze medal at the U.S. trials to get there didn't come easy.
Opening Day is set for March 27, when the White Sox will host the Angels at Guaranteed Rate Field.
It will be the second time the Cubs have played a regular season series in Tokyo, after splitting two games with the New York Mets there in 2000.
Pat Williams died from complications related to viral pneumonia.
Brady, a 20-year-old keeper in his second full season with the club, finished with nine saves to earn his fourth clean sheet of the season.
But when thieves damaged the AC units, the heat spilled over to inside.
The robber choked the man, hit him in the head with the pliers, and took his cellphone, police said.
No other injuries were reported, police said.
Mateo was shot in the head in front of his mother and three siblings while riding in the family car in the West Lawn neighborhood.
Police said a 27-year-old man got into an argument with another passenger while riding a CTA bus around 10:20 p.m. in the 300 block of North Cicero Avenue.