The worst of the credit crisis may have passed, Treasury SecretaryHenry Paulson said Wednesday, while acknowledging that rising gasprices will blunt the effect of 130 million economic stimulus checks.

The Federal Reserve reported Wednesday that consumers increased theirborrowing at an annual rate of 7.2 percent, compared with a 3.1 percentrate of increase in February.

This Sunday will be an especially happy Mother's Day for a woman from Franklin Park. Thanks to a team of specialists at Loyola University Hospital, she might even welcome home the newest addition to her family on that very day.

No injuries have been reported Wednesday morning after a cell phone tower fell onto a tanker truck carrying a hazardous chemical in the southwestern suburbs.

The board at New Trier High School is reviewing what to do with the aging school building.

A man paid for tires then fatally shot one man and injured another at a Chicago Lawn neighborhood tire shop Tuesday afternoon.

At first, there was gunfire at his office. Then bullets were fired into the home Michigan City high school principal Mark Francesconi.

Although St. Mary's Episcopal Church in the near northwest suburb of Park Ridge believes helping the homeless to be one of its missions, nearby residents are not convinced.

Worker productivity rose by a better-than-expected amount in the first three months of the year while labor cost pressures eased.

Chrysler announced Monday an offer that caps the price of gasoline at$2.99 a gallon for three years for people who buy or lease new vehiclesfrom Wednesday through June 2. The offer is based on 12,000 miles ofdriving per year at

Clearwire and Sprint Nextel are planning to merge their wireless broadband units to create a new $14.55 billion wireless communications company.

The stock market sank Wednesday, as investors found littleencouragement in the day's economic data and watched oil prices climbfurther into record territory.

An argument over Chicago's baseball teams turned foul for two fans who wound up in a weekend brawl at a central Illinois pizza shop.

Hillary Clinton ultimately prevailed in the Indiana Democratic primary 51 percent to Barack Obama's 49, but it took quite a while to determine a winner, and counting ran especially late in Northwest Indiana. CBS 2's Joanie Lum reports.

People who sleep fewer than six hours a night - or more than nine - are more likely to be obese, according to a new government study that is one of the largest to show a link between irregular sleep

Gov. Rod Blagojevich says the state should be able to afford plan to spend $150 million on programs to protect Chicago kids against violence, as part of a larger capital plan which would be funded by privatizing the Lottery.

Hillary Rodham Clinton pledged to keep going full throttle for the Democratic presidential nomination Tuesday even as she appealed for money to finance her gasping campaign and tried to put the best spin on a disappointing night.

Barack Obama swept to a convincing victory in the North Carolina primary Tuesday night and declared he was closing in on the Democratic presidential nomination. Hillary Rodham Clinton eked out a win in Indiana as she struggled to halt her