Dow Closes At Record High, But What Does It Mean For Economy?
The stock market delivered an early Christmas present, closing above the 18,000 mark for the first time.
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The stock market delivered an early Christmas present, closing above the 18,000 mark for the first time.
Governor-elect Bruce Rauner remained mum Wednesday when it came to specifics for his short-term economic plans for Illinois, ahead of a meeting with the state's top lawmakers.
President Barack Obama became the first sitting president to visit the campus of Northwestern in 60 years as he delivered a speech on the economy there Thursday afternoon.
Northwestern University was preparing for a visit Thursday afternoon by President Barack Obama, who will be the first sitting president to visit the Evanston campus in 60 years.
We hear so much about the improving economy and that more people are working. In fact the national unemployment rate is 6.3 percent now, much lower than during the recession a few years ago.
State Sens. Bill Brady and Kirk Dillard, businessman Bruce Rauner and Treasurer Dan Rutherford faced off in a debate that focused heavily on Illinois' struggling economy and how to improve its business climate.
Big bucks -- that's what this week's passage of the Illinois same-sex marriage bill may mean for the city and the state. CBS 2's Dana Kozlov explains.
Hundreds of community activists gathered Tuesday evening at the UIC Forum to discuss ways to create jobs, provide better schools, change the state's tax structure and redirect budget priorities.
It used to be people hung on to their jobs as long as possible, spending decades with the same company. Today, more workers are leaving jobs rapidly. Believe it or not, it's a sign the economy is getting better.
It's one of the growing pains of an improved economy. CBS 2's Ed Curran reports.
Young people right out of college call it a crisis as the unemployment rate among the millennials is high. CBS 2's Jim Williams reports there is a profession with lots of job openings, but the work is very demanding.
We've seen signs the economy is improving, but a new report today reveals many people here in the Chicago area are still struggling and the number is growing.
No doubt, you've heard of the mid-life crisis. It affects people in their 40s and 50s. But did you know there's a quarter-life crisis, too? It's hitting the youngest adults.
Skokie Democrat Jan Schakowsky says the lower unemployment figures are welcome as far as they go, which isn't quite far enough.
A University of Chicago economist says sequestration might help a bit, certainly will not hurt nearly as badly as the administration is warning, reports WBBM's John Cody.
CBS 2's Dorothy Tucker shows you 10 local jobs for which the demand to fill is greater than the supply of applicants. She'll tell you what you need to get hired.
Employers hired 146,000 workers last month, nearly twice as many as analysts expected, dropping the jobless rate to 7.7 percent. CBS 2's Chris Martinez reports.
Speaker John Boehner believes he holds a strong hand in fiscal cliff and debt limit talks. He is, once again, taking the global economy hostage and playing politics with the U.S. debt limit.
There may be fewer employees around to enjoy it, but more companies are holding holiday parties this year, according to a new survey.
Obama is hoping to promote the discussion of the Bush tax cut extensions by getting people hooked on the topic and by getting them to use the #My2K hashtag on Twitter.
Most Americans who traveled during this Thanksgiving holiday came face to face with an American reality: while there is much to be thankful for, our infrastructure is not one of those things.
After all the hype regarding Walmart employees' discontent with their employer and the threat of a strike on Black Friday, the long holiday weekend was saw banner sales and virtually no protest at Walmarts.
Grover is the ultimate in single interest constituencies in Washington. He is not accountable to anybody. He does not disclose who funds him, who pays him to do what he does or how much he is paid to blackmail GOP Members of Congress to sign his pledge not to raise taxes.
If Republicans, as a political party, continue this hostility toward science then they do not understand the driving force that science and innovation play in our economy. It also is another proof point in the case that Democrats made about Republican math not adding up.
Officials believe speed and inexperience operating a snowmobile were contributing factors in the crash.
"We've been doing this for five years. Every year it get better and better," Englewood First Responders founder Charles McKenzie said.
American Airlines requested a nationwide ground stop, which was later canceled, on the morning of Christmas Eve due to technical problems.
"Any time we lose a trooper hurts, but today is Christmas Eve here on December 24, so it kind of hurts in a particular way," ISP Dir. Brendan Kelly said.
NORAD, the North American Aerospace Command, is tracking Santa on his trip around the world this Christmas, so children and families can see where he is right now.
Martinez's lawyer says he is asking a judge to guarantee that no one can stand in the way of Martinez doing his job while he is still in office.
The report came out Monday morning, just hours after a last-ditch effort by Gaetz to keep it under wraps.
A report by the House Ethics Committee found former Rep. Matt Gaetz paid multiple women, including a 17-year-old girl, for sex.
Several City Council members have called the school board's vote to fire Martinez without cause reckless and irresponsible.
Because Martinez was fired without cause, his contract allows him to stay on the job for another six months, and receive 20 weeks of severance pay.
At Yorktown Center in Lombard, just about everyone who spoke with CBS News Chicago on Monday said the act of going out and physically shopping puts them in the Christmas spirit.
Scammers know many of us are waiting for packages this holiday season.
The National Retail Foundation projected roughly 157 million people across the country would shop last-minute and try to wrap up their shopping lists.
The strike was deliberately authorized in the midst of the busy holiday delivery season nationwide for a reason—with the Teamsters Union pushing the company for a contract.
The oysters were sold as Fanny Bay, Buckley Bay, and Royal Miyagi.
Some 13 oz. bags of Lay's Classic Potato Chips may contain an undeclared allergen, according to the snack company.
The Wisconsin Department of Health Services announced Wednesday that it had detected presumptive positive human case of H5N1 in Barron County.
The sisters share a special bond of getting a second chance at life, which they both received at the age of 38 years old.
An even larger investment of $500 million is going toward 10 new outpatient facilities throughout the South Side that will add 85,000 health care appointments each year.
Scientists used the NanoGripper to grab particles from the SARS-CoV2 virus that causes COVID-19.
It may seem like a brave choice to launch a company making old-fashioned mechanical watches—when many wear new-fangled electronic alternatives. But the entrepreneurs' mission is bigger than just watchmaking.
At Yorktown Center in Lombard, just about everyone who spoke with CBS News Chicago on Monday said the act of going out and physically shopping puts them in the Christmas spirit.
Sunday night marked the last night in business for Strat's, after 38 years.
The National Retail Foundation projected roughly 157 million people across the country would shop last-minute and try to wrap up their shopping lists.
Baristas at the store at 5964 N. Ridge Ave. in Edgewater have been on strike since Friday calling for higher wages and better staffing.
Taylor also played two nights at Ravinia this past June.
Mindy Kaling and Morris Chestnut announced the nominations for the 82nd annual Golden Globes, with 10 nominees revealed live on CBS News.
The lawsuit alleges the unidentified girl was raped at a Video Music Awards afterparty in 2000.
Social media sleuths noticed that the house next door to the iconic "Home Alone" house in Winnetka is now up for sale.
Here are the top songs, artists, and albums streamed on Spotify in Chicago this year, according to communications agency Burson Global.
Enjoy some holiday magic from Larsen’s Light Show at Goebbert's Farm in Pingree Grove
Illinois State Police said Trooper Clay Carns, 35, was outside his squad car removing debris from a lane on I-55, north of Blodgett Road when he was hit by a passing car.
Meteorologist Laura Bannon has the forecast.
Chief Meteorologist Albert Ramon has your 10 p.m. First Alert Weather forecast for Monday, Dec. 23, 2024.
Adam Goldin tried for months to get a matter resolved involving his application to a VA health benefits benefits, to no avail. Fortunately, things changed quickly once a TV station got involved. Marie Saavedra reports.
"Any time we lose a trooper hurts, but today is Christmas Eve here on December 24, so it kind of hurts in a particular way," ISP Dir. Brendan Kelly said.
Officials believe speed and inexperience operating a snowmobile were contributing factors in the crash.
Adam Goldin tried for months to get the matter resolved, to no avail. Fortunately, things changed quickly once a TV station got involved.
This 1984 special, "A Merry Olde Christmas," was nominated for an Emmy Award. This year, we're celebrating its 40th anniversary.
"We've been doing this for five years. Every year it get better and better," Englewood First Responders founder Charles McKenzie said.
"San Antonio has really led the way in using aerial surveillance technology to prevent these activities," said Ald. Brian Hopkins (2nd), who chairs the City Council Public Safety Committee.
Customers said contractors from the company, Orange Elephant Roofing & Solar, seemed simply to disappear into thin air. But that is only the tip of the iceberg.
Survivors, advocates and experts have weighed in on Mayor Brandon Johnson's pledge to create a task force to study the safety of Black women in Chicago.
The Chicago-based company is accused of tricking diners about delivery fees, misleading drivers about pay, and listing restaurants on its platform without permission.
Now-retired Joliet police Sgt. Javier Esqueda was charged in connection with leaking squad car video of a man who died in Joliet police custody.
Jason Dickinson scored for the 'Hawks with 33 seconds left, but the Blackhawks were unable to come up with the tying goal.
Nikola Vucevic had 17 points and 12 rebounds for the Bulls.
Jalen Quinn led the way for the Ramblers (9-3) with 17 points and two steals.
George Dimopoulos, who played quarterback in high school, also converted the two-point conversion when he passed it to quarterback Josh Holst for his second completion of the season.
Illinois held the lead for nearly 30 minutes of game time, but a late rally by Missouri took the game down to the wire.
Jason Samhan claims the same pair is stealing from several other homes in Oak Lawn.
The medics were not armed, and they did not know if the robber had a gun. Nevertheless, they managed to flip the script with their bare hands.
Shots were fired from inside a Nissan Altima.
Luigi Mangione pleaded not guilty Monday to state charges in the murder of UnitedHealthcare CEO Brian Thompson.
In each incident, the burglars crashed a dark sedan into businesses and destroyed the front window or glass door.
