A Fed interest rate cut won’t be coming until at least September, if at all this year, following a troubling inflation report ...

KTLA's David Lazarus reports on the stunning acknowledgment from Federal Reserve chairman Jerome Powell. Feb. 11, 2025.

U.S. Federal Reserve officials have been unusually open in discussing their concerns over fiscal policy. Investors might want ...

WASHINGTON (AP) — The Federal Reserve left its benchmark interest rate unchanged Wednesday after cutting it three times in a row last year, a sign of a more cautious approach as the Fed seeks to ...

Two animal deaths at Lincoln Park Zoo in Chicago have been traced to an outbreak ... deaths of a Chilean flamingo on Jan. 8 and a harbor seal on Jan. 9. "The zoo is saddened by the loss of a ...

CBS News Chicago security expert Phil Andrew joins Joe Donlon and Irika Sargent to discuss the coordinated effort by U.S. Immigration and Customs Enforcement and other federal law enforcement ...

A grey seal colony in Suffolk has seen a 70% year-on-year increase in pups. The National Trust revealed last year that Orford Ness had become home to the county's first breeding colony of grey seals.

CHICAGO — The federal corruption trial of former Illinois Speaker Michael Madigan resumes Wednesday, with closing arguments in the landmark case set to begin. Madigan is accused of coordinating ...

DAVOS, SWITZERLAND — The Federal Reserve now needs to be on Trump watch if it wants to engineer the proper dose of monetary policy, according to Bank of America chief Brian Moynihan.

Reset sat down with a local artist and WBEZ reporter to learn more about how art and artists are funded in Chicago now. One Lyons, Ill., resident says federal agents tried to break into his home ...

According to The Associated Press, federal immigration officers were reportedly preparing a large-scale raid in Chicago, aiming to target around 300 individuals. The report, released on Saturday ...