Economy
Unemployment is down, the stock market is up and the Federal Reserve raises interest rates. Just how strong is the American economy? Two Chicago economists take stock of what’s in store for 2017.
The unprecedented victory of President-elect Donald Trump has left many people wondering how his administration might affect the U.S. economy.
The outcome of the presidential election sparks a volatile reaction in markets in the U.S. and abroad. What will Trump’s economic impact be nationally and around the globe?
The Cubs victory boosts revenue for the franchise and the bars of Wrigleyville, but beyond the feel-good factor, is there a broader economic benefit for the city?
Federal Reserve chief Janet Yellen rejects the notion that the Fed plays politics when deciding interest rate policy.
A look at what's behind the rise and fall of the great big McMansions. Why aren't they selling?
The Chicago Urban League has a new 10-year plan to address racism and poverty and create a more equitable Chicago. The head of the 100-year-old civil rights organization joins us with details.
Stocks retreat from Monday's record high. Is a correction coming? And is it time to move some of your money out of stocks and into something safer?
The Chicago Urban League unveiled this week its 10-year plan to fight structural racism in the city, highlighting education, employment and economic development as key areas of focus.
There's no such thing as a true free market: That's the bold proposition former Labor Secretary Robert Reich makes in his newly released book, "Saving Capitalism." He joins “Chicago Tonight” to talk about how he hopes to change the conversation and save capitalism.
Study Says Chicago Area’s Recovery Falls Behind Other Metro Areas
A Brookings Institution report ranks Chicago 203rd out of 300 metropolitan areas around the world in bouncing back from recession. Just how concerned should we be? Our panel of experts weighs in.
The Dow surges through 18,000, as the economy grows at its fastest pace in more than a decade.
The only thing to cheer on Wall Street today was that trading finally ended. The markets take a tumble, dragged down by an Apple.
The Federal Reserve and Commerce Department are reporting a stronger U.S. economy with gains in employment, manufacturing, and exports. A panel of economic experts crunch the numbers.
Amir Sufi, professor of finance at the University of Chicago Booth School of Business, argues in his new book House of Debt that a sharp increase in household debt was an underlying reason for the Great Recession (in 2008) and a primary cause for our still sluggish recovery. Sufi joins us to discuss his book, and what in his view, former Treasury Secretary Timothy Geithner got wrong.
Two local economists weigh in on the latest gross domestic product report and what we can expect for the second quarter. The GDP continues to grow but at a snail's pace. We find out what it all means tonight. Read the full report and view a graph of the U.S. economic growth.