Democrats are split over how to respond to the housing debacle, withHouse leaders focusing on helping homeowners facing foreclosure whilethe Senate moves to take care of businesses impacted by the subprimecrisis.
Pennsylvania Gov. Ed Rendell recently received his first call from a political pollster despite nearly a lifetime in politics. The caller from the Quinnipiac University Polling Institute wanted Rendell's opinions on the Democratic presidential race between Sens. Hillary Rodham Clinton
The jury in the Antoin "Tony" Rezko corruption trial listened as once again, defense attorney Joe Duffy cross examined the star prosecution witness. He let Stuart Levine describe himself in his own words as a liar, thief and drug abuser.
A state lawmaker was convicted Tuesday of trying to have a private developer build her a $500,000 home for a dollar in exchange for helping him secure a vacant city lot worth millions for a development project, prosecutors said.
A new poll suggests Barack Obama is gaining ground in Pennsylvania. Two weeks before the Keystone State primary, the Quinnipiac University poll shows Hillary Rodham Clinton still out front among Democratic voters. Fifty percent of those surveyed favored Clinton, while
Democrats plan to push legislation this spring that would force the Iraqi government to spend its own surplus in oil revenues to rebuild the country, sparing U.S. dollars.
A new report indicates a minimum-wage earner would have to work 97 hours a week, 52 weeks a year, in order to afford a modest two-bedroom apartment in the Chicago area.
An industry group said Tuesday that pending U.S. home sales fell in February to the lowest reading since the index began, signaling the housing market distress is not yet over.
Wall Street retreated Tuesday after disappointing reports from aluminum producer Alcoa Inc. and chip maker Advanced Micro Devices Inc. raised concerns that corporate America's first-quarter results might come in weaker than expected.
The Federal Reserve, still working to combat the effects of a severe credit squeeze, said Tuesday it had auctioned another $50 billion to cash-strapped banks. Meanwhile, the International Monetary Fund warned that further actions are needed globally to prevent more
Retail gas prices could climb as high as $4 a gallon this summer, but prices at such lofty levels will make many Americans think twice about hitting the road this summer, the Energy Department said Tuesday.
A 55-year-old Crystal Lake man was found chained by the neck in the basement of a burning home Tuesday, police said. After the man was rescued from the building, he told police that he had been confined in the basement
We asked what you thought about a proposal in the Illinois House that would allow voters to recall elected state officials. Here are some of your responses.
A crisis team will be at a far northwest suburban elementary school Wednesday to deal with all of the questions about the school's principal who is in jail Tuesday. Daniel Markofski, 47, is charged with having sex with a 16-year-old
A flight from justice is over Tuesday night for an escaped Cook County Jail inmate. The Cook County Sheriff says Kirk Davis was captured after some 10 hours on the run. He was found at the home of family members
For the second time in just more than two weeks, American Airlines on Tuesday grounded hundreds of planes for inspection. CBS 2's Dana Kozlov reports officials are warning of even more cancellations.
Kasib Powell scored a career-high 18 points, leading the Miami Heat to a 95-88 victory over the Chicago Bulls on Tuesday night that snapped a seven-game losing streak.
