Chicago is using lawsuit winnings in an unusual way: to help some homeowners avoid a tax sale. A new pilot program could provide up to $5,000 to eligible residents who are behind on property taxes in three neighborhoods. According to ABC7 Chicago,…
Updated on: October 27, 2026 / 11:59 AM CDT / CBS Chicago Following a lawsuit by Illinois Attorney General Kwame Raoul and 11 other state attorneys general, two playground equipment companies have called off a merger that a lawsuit said would have created a monopoly. The…
Jackson airport officials are talking with airlines about bringing nonstop flights to Chicago, with a $1 million federal grant to help support the effort. Jackson Municipal Airport Authority CEO Rosa Beckett outlined the push Monday, Oct. 26, saying officials are pursuing service…
October 26, 2026 / 5:29 PM CDT / CBS Chicago The Illinois farming community is sounding the alarm about the impact of sky-high diesel prices. It's been tough at the pump for everyone for months, but with diesel prices still at record highs, farmers said…
October 26, 2026 / 1:51 PM CDT / CBS Chicago An Elgin, Illinois-based company is recalling hundreds of pounds of beef jerky sold across the Midwest because it was not inspected before going out for sale. The U.S. Department of Agriculture announced that Imperio Distribution is…
This month's bombshell $550M deal for 1 N. Wacker Drive marked one of the priciest office deals in the U.S. in 2026 and a potential turning point for a Chicago office market that has largely been defined by bargain-bin buys over the past few years.
SPRINGFIELD, Ill. (WAND) — Illinois business owners can learn about state contract opportunities during the fifth annual State of Illinois Vendor Summit in Springfield. The Illinois Department of Central Management Services will host the event from 8:30 a.m. to 3:30 p.m. Thursday, Oct. 29, at…
CHICAGO (WAND) — The Illinois Lottery reported $3.87 billion in total sales during fiscal year 2026 and said it contributed $792 million to the state’s Common School Fund for K-12 public education. The lottery said it generated $804 million in proceeds for the state during…
The Federal Home Loan Bank of Chicago (FHLBank Chicago) today announced its preliminary and unaudited financial results for the third quarter of 2026. Third Quarter 2026 Financial Highlights Net income decreased to $145 million, compared to $185 million for the third quarter of 2025, primarily…
CBS News Chicago is a local news organization that is part of CBS News and Stations. Also referred to as WBBM-TV and CBS2, CBS News Chicago offers local breaking news, weather coverage and investigative reporting. Issue at Joliet Refinery contributing to…
The local economy and the companies driving it.