A new report reveals the substantial economic impact of NIH grants on Illinois, with billions in funding at stake.

President Donald Trump has shrugged off calls for more clarity about his policies, even as they stoke turmoil in the markets.

Both U.S. and global economic growth is set to be lower than previously projected, according to the latest estimates from the ...

Chief Procurement Officer Sharla Roberts’ surprise request this week was sent to all major contractors doing business with ...

CBS News Chicago checked in with Momentum Coffee owner Nikki Bravo on Wednesday to see how she was doing with the uncertainty ...

Amid a budget crunch and an uncertain economy, Chicago is asking city vendors to take a 3% haircut on their existing ...

Allen Sanderson was a University of Chicago economics professor who built a national reputation for his knowledge about sports economics and, in particular, his view that government-funded ...

The City of Chicago is requesting a 3% price reduction on all invoices sent to the city for the next twelve months off any ...

Chair Jerome Powell says in written remarks that the Federal Reserve is likely to keep its key interest rate unchanged in the ...

Chicago's Chief Procurement Officer, Sharla Roberts, has asked vendors to reduce their prices by 3% amid financial ...

In an Economic Blackout set for Friday, groups are urging Americans not to spend any money on Friday as a form of protest. The blackout is seeing support in Chicago. The call to action — or ...

The call to action — or rather inaction — is asking that American consumers refrain from making any purchases at major retailers on Friday, Feb. 28.