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U.S. Rep. Peter Roskam (R-Ill.) said Tuesday that proposed Obama administration rules are stifling the economic recovery. And he wants Congress to have a much bigger say in future rulemaking.
President Barack Obama was wrapping up an official White House listening tour through the Midwest on Wednesday.
The message on Wall Street on Wednesday was simple: uncertainty. The see-saw at the stock market was giving consumers little confidence about the future of the economy.
Questions about the economy constitute a new threat to Chicago's already shaky financial picture. As CBS 2 Chief Correspondent Jay Levine reports, Mayor Rahm Emanuel has been working on the city's 2012 budget, trying to figure out how to eliminate a $600 million deficit.
Parents love having their grown kids come home and visit, but what happens when they don't just visit, they move back in? One recent poll shows a staggering 85% of college seniors plan to do just that after graduation.
Former President Bill Clinton toured a display of electric cars on Michigan Avenue this morning and said they're not just the future of American transportation, but the future of American jobs.
We've all heard the terms "unemployment rate" or "first-time jobless benefits" or "seasonally adjusted" ad nauseum over the past few years, as the United States slowly climbs out of a bad recession.
Faced with a worsening budget picture, Mayor-elect Rahm Emanuel is putting a financial team together to make the tough decisions to bring fiscal stability.
Former U.S. House Speaker Dennis Hastert was invited too, and he agrees with the premise of free enterprise, even if some people can't achieve that dream.
We all hope to enjoy football next season, but many people are hoping to keep their jobs. A lockout would affect more than just ruining many people's Sunday.
The Chicago outplacement firm, Challenger, Gray & Christmas says planned job cuts soared again in February, the second straight month they've gone up.
Gasoline prices continue to spike in Chicago, with one station now selling a gallon of unleaded regular for over $4 a gallon.
Even well-heeled buyers are expected to put down more money for a condo or a house in Chicago. CBS 2's Vince Gerasole explains.
When it comes to the economy turning a corner, there are small signs of hope.
The Chicago-area economy is bracing for dramatic changes as more than 2 million Baby Boomers begin hitting retirement age.
A Northwestern University specialist in U.S.-Chinese relations says there is no reason for the anxiety many Americans feel about China.
Cashmere sweaters marked down from $100 to $30 are one of the many door-buster deals offered as stores opened as early as 7 a.m. Sunday. That's what's necessary to get consumers in the door, but as CBS 2's Vince Gerasole reports, analysts say what really may have them shopping is pent up demand, after several years of holding back.
For a third straight month, the unemployment rate dropped in Chicago and every other metropolitan area across Illinois in November compared with a year ago.
The post office calls it "mind-boggling": Even in a less-than-robust economy, letters to Santa from needy families are down significantly this year.
Five months before the presidential election, this rating is disastrous for Obama – almost as disastrous as the lack of any results for America these past four years.
Maybe it's time to go to the boss about a little extra money in your paycheck. Think a raise sounds ridiculous when others are still looking for work? Not necessarily, as CBS 2's Mary Kay Kleist reports.
And, a survey finds holiday shoppers plan to spend more this year.
Devin Nier, 42, is charged with aggravated battery and domestic battery.
St. Sabina handed out 1,000 turkeys donated by movie director Spike Lee. Servants for Hope gave away more than 600 turkeys in Englewood.
Some along the parade route said they were excited for another year of Mickey Mouse and Minnie Mouse flipping the switch to light up the Mag Mile.
Luke Altmyer found Pat Bryant for a catch-and-run, 40-yard touchdown pass with 4 seconds left, sending No. 24 Illinois to a wild 38-31 victory over Rutgers.
Lukas Reichel and Patrick Maroon scored for the Blackhawks, who lost for the fourth time in five games.
The 29-person team will advise the prosecutor's office on everything from handling gun violence cases to wrongful convictions to public corruption.
Parking garage managers said the number of parkers is down since the pandemic, as more people work remotely, leaving them struggling to make a profit.
Cook Cook State's Attorney Kim Foxx sat down with CBS News Chicago to reflect on her legacy after eight years in office.
President-elect Donald Trump announced Gaetz as his nominee to be attorney general last week.
The reopened Pilsen facility is one of three that Mayor Brandon Johnson promised would reopen by the end of the year.
So far, despite several requests, the woman has not been able to get a hold of her medical records to send to her new doctors.
Those in the industry who spoke to CBS News Chicago said their margins are already so slim that an increased liquor tax could drive business owners to close their doors.
Robin McElroy said she loves everything about her Morgan Park home—except for the panic-inducing surprises she has been getting in the mail about her supposedly unpaid taxes.
Scammers often get financial information and personal details, or lure in veterans with videos that claim they can win lots of money,
It's the season of giving, but if you're not careful with finances, you could be getting a hefty bill at the end of the holiday season.
Little Penelope Lo Destro's parents were about to start their family when there was a terrible diagnosis.
Lattes and other espresso-based drinks may not be available at some McDonald's restaurants due to a glitch with coffee machines.
The FDA sent a warning letter flagging "significant violations" of manufacturing regulations for Tom's of Maine toothpaste.
The 65-year-old actor and stand-up comedian, best known for portraying Joey Gladstone on "Full House," said he first noticed symptoms in October.
An attorney representing a conservative prosecutor struggled Monday to convince Wisconsin's liberal-leaning Supreme Court to reactivate the state's 175-year-old abortion ban.
Owner Ricky Burns made a big dream come true in the tiny space on Western Avenue in West Ridge.
Those in the industry who spoke to CBS News Chicago said their margins are already so slim that an increased liquor tax could drive business owners to close their doors.
The nonprofit Far South Community Development Corporation is working to create everlasting change—and has a vision specifically for the commercial corridor at 115th and Halsted streets.
Wonder Group, a New York-based food ordering company that touts "fast fine" dining, is set to be Grubhub's new owner.
Foxtrot will be pouring free drip coffee between 6 a.m. and 10 a.m. at the Fulton Market location to celebrate the reopening.
The 17-time Grammy Award-winning artist's new album features 12 songs.
The British pop star is bringing her Brat 2025 arena tour to the Allstate Arena on April 28 at 7 p.m
Ravyn Lenae, a rising R&B star from the South Side of Chicago, is among the artists announced Wednesday for the popular California desert music festival.
Speaking to American Theatre in 2018, Vire said he arrived in Chicago as a "lapsed actor," and fell into theatre criticism "through the back door."
"America demanded it and now it's happening: Taco Bell's new Cheesy Chalupa Supreme. In other news, I'm hosting the Oscars," Conan O'Brien said.
CBS News Chicago meteorologist Kylee Miller has the latest 7-day forecast.
President-elect Donald Trump continues to announce key appointments to his Cabinet, including billionaire hedge fund manager Scott Bessent as his pick for Secretary of the Treasury.
Are you already preparing for Thanksgiving dinner? Non-profits certainly are, giving out thousands of turkeys around Chicago and the suburbs on Saturday,
The holiday rush is on. Streets in downtown Chicago are packed with holiday festivities as crowds pack Michigan Avenue for the annual Magnificent Mile Lights Festival and Parade.
The driver hit and killed a 54-year-old woman who was crossing the street near 67th and Western and didn't stop, police said.
Chicago police said the vendor, a 35-year-old man, was approached by a 30-year-old man, and then a brief struggle ensued.
Some along the parade route said they were excited for another year of Mickey Mouse and Minnie Mouse flipping the switch to light up the Mag Mile.
St. Sabina handed out 1,000 turkeys donated by movie director Spike Lee. Servants for Hope gave away more than 600 turkeys in Englewood.
Williams, whose paintings now are celebrated around the world, and hanging in galleries, got his start in life and in art in the heart of the South Shore neighborhood.
Devin Nier, 42, is charged with aggravated battery and domestic battery.
The 29-person team will advise the prosecutor's office on everything from handling gun violence cases to wrongful convictions to public corruption.
Cook Cook State's Attorney Kim Foxx sat down with CBS News Chicago to reflect on her legacy after eight years in office.
A judge released Constantin Beldie on electronic monitoring in October, after he allegedly beat and tried to kidnap his estranged wife. He's now accused of killing her weeks later.
So far, despite several requests, the woman has not been able to get a hold of her medical records to send to her new doctors.
The police department has spent $22.6 million in overtime this year for officers working special events — only about $2 million of which has been reimbursed to the city.
Luke Altmyer found Pat Bryant for a catch-and-run, 40-yard touchdown pass with 4 seconds left, sending No. 24 Illinois to a wild 38-31 victory over Rutgers.
Lukas Reichel and Patrick Maroon scored for the Blackhawks, who lost for the fourth time in five games.
Zach LaVine scored 26 points, Ayo Dosunmu and Coby White each had 20 and the Chicago Bulls beat the Atlanta Hawks 136-122 on Friday night in an NBA Cup game.
The NBA is urging its players to take additional precautions to secure their homes following reports of recent high-profile burglaries of dwellings owned by Milwaukee Bucks forward Bobby Portis and Kansas City Chiefs teammates Patrick Mahomes and Travis Kelce.
Craig Smith and Nick Foligno also scored as the 'Hawks stopped a three-game slide.
The NBA is urging its players to take additional precautions to secure their homes following reports of recent high-profile burglaries of dwellings owned by Milwaukee Bucks forward Bobby Portis and Kansas City Chiefs teammates Patrick Mahomes and Travis Kelce.
K9 officer Riggs served 8 years on the force. He was 10 years old.
One man suffered multiple gunshot wounds and was rushed to an area hospital for treatment, police said.
The woman was taken to Advocate Christ Medical Center in Oak Lawn in critical condition.
Don Archer helped police catch the thief in less than 24 hours.
