Trump pauses most new tariffs for 90 days, increases China tariffs to 125%
The U.S. stock market surged immediately after President Trump announced the pause on most of his new "reciprocal tariffs."
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The U.S. stock market surged immediately after President Trump announced the pause on most of his new "reciprocal tariffs."
Illinois leaders want farmers and agricultural workers to know they have their backs when it comes to selling their good around the world, even amid President Donald Trump's escalating trade war.
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."
Stocks whipsawed on Monday on economic worries, ending the quarter with its worst performance in three years.
Most Americans say the matter of Trump administration officials discussing U.S. military plans on the Signal app is serious.
Job cuts spiked in February, marking their highest point since July 2020, due to firings of government workers directed by DOGE.
Canada, Mexico and China are hitting back with retaliatory tariffs. The moves raised fears of higher prices for U.S. consumers and a trade war.
A growing number of unemployed workers have been searching for a new job for more than 15 weeks, labor data shows.
Organizers of the protest said the current administration was warned of this out come if the War in Gaza persisted and U.S. funding to Israel continued. Meanwhile, as Charlie De Mar reports, immigrants' rights advocates are also concerned about what will happen in the new Trump administration.
CBS News polling showed that 45% of voters said their financial situation was worse today than it was four years ago.
"It's the economy, stupid," – A four-word strategy that helped Bill Clinton defeat incumbent President George H.W. Bush in 1992. Three decades later, the economy again was a driving factor in a presidential election. CBS News Chicago examined exit poll results and the way rising prices helped President-elect Donald Trump win his second term in office.
President-elect Donald Trump's vow to raise tariffs could have Americans paying more for goods, from toys to auto parts, experts say.
Trump also degraded the press, and doubled down on false claims of a stolen 2020 election.
The Federal Reserve just lowered its benchmark rate by 0.50 percentage points. Here's how the move could impact your finances.
Raising a child in the U.S. costs hundreds of thousands of dollars. Many younger Americans say they can't afford it.
The latest labor market data comes less than two weeks ahead of the Federal Reserve's decision on whether to cut interest rates.
The 142,000 jobs added in August is fewer than the expected 160,000. It's also the 44th consecutive month of job growth.
Vice President Kamala Harris will make her first visit to New Hampshire since 2021 where she is set to unveil another part of her economic plan. Trump is pushing to extend the tax cuts he and Republicans enacted years ago and will deliver a speech Thursday in New York about his plans.
Federal Reserve Chair Powell, speaking at a conference in Jackson Hole, Wyoming, said the timing and pace of rate cuts will depend on economic data.
Wall Street is increasingly jittery about the health of the U.S. economy. Here's what the experts say about the chances of a recession.
U.S. markets tumbled for a third consecutive trading day amid recession fears and tensions in the Middle East.
Stocks in the U.S. plunged for a third consecutive trading day, with the Dow Jones Industrial Average tumbling more than 1,000 points, amid growing fears of an economic downturn sparked by a sharp slowdown in hiring and weakening consumer spending.
Stocks in the U.S. fell for a third consecutive trading day, with the Dow Jones Industrial Average tumbling more than 1,000 points, amid growing fears of an economic downturn sparked by a sharp slowdown in hiring and weakening consumer spending.
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.
Chicago helped shape the nation in so many ways, including the pioneering of skyscrapers – the big, beautiful buildings the city of big shoulders introduced to the world.
A Chicago bus driver is out of a job after he was caught on camera with his hands off the wheel and his eyes glued to his cell phone.
Police in Chicago's south and southwest suburbs are teaming up to target thieves targeting video gambling machines, which have become an increasingly popular target for burglary crews.
An eagle-eyed drone pilot helped spot a missing foster puppy who had been out in the cold for more than two weeks in Chicago's northwest suburbs.
The city of Aurora is kicking off Black History Month by honoring a living legend, one of the last remaining Negro Leagues baseball players.
The footage is included in a video that promotes false claims that the 2020 presidential election was rigged against Mr. Trump.
The FBI has arrested "one of the key participants" behind the attack on U.S. facilities in Benghazi, Libya, in 2012 that killed four Americans.
A new push to pass a GOP elections bill known as the SAVE America Act is underway in Congress, but Democrats warn the proposal could disenfranchise millions of eligible voters.
As immigration sweeps expand nationwide, the work of justifying detentions is overwhelming federal prosecutors, who are being forced to sideline a range of other cases in order to keep pace.
Marimar Martinez, the Chicago woman shot five times by a Border Patrol agent in October, plans to attend President Trump's State of the Union address to Congress later this month, according to her attorney.
This week marks Identity Theft Awareness Week, and Illinois Comptroller Susana Mendoza emphasized some safety tips Monday for avoiding and dealing with identity theft.
A controversial data center in Naperville, Illinois, could be the cause to pack a city council meeting there on Tuesday night.
Police in the west Chicago suburb of Geneva are warning of a scam involving spoofed phone numbers.
Protesters on Tuesday were cranking up the heat on Peoples Gas over a recently proposed rate hike that would add an additional $10 to $11 a month to utility bills.
A lawsuit filed late last month took Chicago-based McDonald's to task over the McRib sandwich, calling its name a form of false advertising.
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.
It has been nearly six years since the start of the COVID-19 pandemic, and one of the many questions doctors are still working to answer concerns the long-term effects.
Leaders from Cook County, the Illinois Department of Human Services, and the Greater Chicago Food Depository denounced changes to the Supplemental Nutrition Assistance Program on Wednesday.
The University of Chicago Medicine Comprehensive Cancer Center has received a grant from The Ralph Lauren Corporate Foundation for a new cancer center.
Chicago's Lurie Children's Hospital said Tuesday that it is no longer initiating gender-affirming medical treatment for minors.
A Near West Side diner known for drawing in Blackhawks fans and players is up for sale.
January may be the coldest time of the year, but Chicago is already looking forward to summer farmers' markets.
A development proposal issued this month calls for the replacement of a building housing a Giordiano's pizzeria in Chicago's Lakeview neighborhood with a new mixed-use building with 28 residential units.
United Airlines flight attendants picketed outside Chicago's Willis Tower Thursday morning as they fought for a new contract.
WSCR-AM, 670 The Score, will begin a simulcast on 104.3 FM next month.
Gamers across the world can now recreate drone strikes in Ukraine from the comfort of their own home, with this newly released game.
The members of Ratboys were teenagers when they met by chance, and now in their 30s, the Chicago band formed by two college friends almost two decades ago appears to be on the brink of something big.
Chuck Negron, a founding member of Three Dog Night whose lead vocals powered a string of hits for one of the top rock acts of the late 1960s and early '70s has died. He was 83.
Bad Bunny used his Grammy acceptance speech on Sunday to denounce U.S. Immigration and Customs Enforcement and call for the end of the ongoing immigration crackdown.
The 2026 Grammy Awards recognized the best of the best in music from last year, with big wins for Kendrick Lamar and Bad Bunny. Here's the full list of winners and nominees.
Meteorologist David Yeomans has the latest First Alert Weather forecast.
Chicago helped shape the nation in so many ways, including the pioneering of skyscrapers – the big, beautiful buildings the city of big shoulders introduced to the world.
A Chicago bus driver is out of a job after he was caught on camera with his hands off the wheel and his eyes glued to his cell phone.
Police in Chicago's south and southwest suburbs are teaming up to target thieves targeting video gambling machines, which have become an increasingly popular target for burglary crews.
An eagle-eyed drone pilot helped spot a missing foster puppy who had been out in the cold for more than two weeks in Chicago's northwest suburbs.
Police in Chicago's south and southwest suburbs are teaming up to target thieves targeting video gambling machines, which have become an increasingly popular target for burglary crews.
An eagle-eyed drone pilot helped spot a missing foster puppy who had been out in the cold for more than two weeks in Chicago's northwest suburbs.
A source close to the investigation said the woman worked for the city's Office of Emergency Management and Communications.
A federal judge in Chicago has ruled key evidence in the Marimar Martinez shooting, including bodycam video and text messages, can be released.
Chicago helped shape the nation in so many ways, including the pioneering of skyscrapers – the big, beautiful buildings the city of big shoulders introduced to the world.
Fewer Chicago kids are getting the dental care they need, and some dentists are blaming Chicago Public Schools.
Cynthia Eason recounted the moment Chicago police officers raided her family's home in 2018.
Water bills could be going up in several Chicago suburbs and other parts of Illinois, as Illinois American Water seeks a rate increase to fund infrastructure improvements.
The case involves a Chicago grandmother, her daughter, and her four grandchildren, who all said that Chicago police officers pointed guns at them during the botched raid.
Former Mayor Rahm Emanuel no longer will have to testify about an alleged "code of silence" at the Chicago Police Department, after a federal judge reversed an earlier ruling that would have allowed him to take the stand in a lawsuit over a botched police raid.
Two west suburban high schools have something extra to celebrate Sunday, when alumni from their schools make their Super Bowl debuts.
The 2026 Milano Cortina Winter Olympics are underway after the lighting of the Olympic cauldrons and the Parade of Nations at the opening ceremony.
Caleb Williams certainly had plenty of big throws to celebrate in 2025, but it wasn't hard to pick his most memorable one after he launched a 46-yard touchdown pass to DJ Moore to beat the Packers in overtime in Week 16.
Brandon Ingram scored 33 points, Immanuel Quickley had 24 and the Toronto Raptors beat the new-look Chicago Bulls 123-107.
Chicago Bears guard Joe Thuney was named the NFL's top offensive lineman of 2025 on Thursday, winning the inaugural Protector of the Year Award.
A South Side community came together on Friday, hoping for justice after a woman was shot and killed while her baby was in the back seat of their car earlier this week.
A Chicago city employee was found shot to death Friday morning inside an apartment in the West Ridge neighborhood.
Actor Timothy Busfield has been indicted on four counts of criminal sexual contact of a child, officials said Friday.
A burglary crew smashed into a restaurant in Chicago's southwest suburbs, leaving the owner cleaning up a big and frustrating mess.
Six months after a well-known charter boat captain was found dead at DuSable Harbor in downtown Chicago, a man has been charged with his murder.
