Crude oil prices tumble, the unemployment rate stumbles, and the housing market falls too. Eddie Arruza and our financial panel break down why the economic recovery has stalled.

Hundreds of teachers and union members took to the streets this morning to protest the Chicago Board of Education's decision to rescind a contractual pay raise for teachers. Ash-har Quraishi tells us what happened inside the school board meeting that followed. Collective bargaining agreement: See pg 117, item 47-2.2 for pay raise clause

Cook County Treasurer Maria Pappas says the average Chicago household now owes a whopping $63,525 to cover local government debt. Phil Ponce sits down with her to ask how she came up with the staggering $108 billion total amount.

With unemployment rising and major companies threatening to leave the state because of high taxes, WBBM Newsradio 780's Kris Kridel joins us to survey the business landscape.

We hear from Michael Hogan about rising tuition, budget issues and his first year as president of the University of Illinois. Should U of I be given more resources from the state? Michael Hogan's bio

This week on Chicago Tonight: The Week in Review, new top cop Garry McCarthy is beefing up police presence in the wake of mobs of thugs, who are quickly converging and dispersing, robbing shoppers and tourists in the Near North and downtown areas. Former Gov. Rod Blagojevich's case goes to the jury after a tough cross-examination and closing arguments. Gov. Pat Quinn threatens to shut down the summer road construction season to get legislators back to the bargaining table in Springfield.

We hear what you had to say about recent stories when we read some of our viewer mail. Send Chicago Tonight your comments

This week on Chicago Tonight: The Week in Review, Gov. Pat Quinn is considering vetoing a number of major bills the Illinois lawmakers passed at the end of the legislative session this week. Examining casino expansion, ComEd rate hikes and the new state budget are on his summer to-do list. Rahm Emanuel flexes his political clout just two weeks into mayoral tenure, convincing legislators to pass the perennial gambling expansion and a once-dead workers' compensation overhaul. Former Governor Rod Blagojevich's cross-examination starts testily.

Groupon Inc. has filed for an initial public offering of stock worth up to $750 million. Jim Kirk from Crain's Chicago Business joins us to discuss the local company's latest business move. Article on the filing Groupon website

Chicago leads the nation in adapting to climate change. WBBM Newsradio 780's Kris Kridel joins us with that and a look at the week's top business headlines. Article on the Com Ed rate hike Article on the drop in Chicago's unemployment rate

This week on Chicago Tonight: The Week in Review, Rod Blagojevich, Mayor Rahm Emanuel and Congressman Jesse Jackson Jr. take the stand in the Blagojevich retrial. The Mumbai terror trial here gets international attention. ComEd gets its controversial rate hike approved. The legislative session is scheduled to end soon with redistricting and the state budget still unsettled. And in sports, a late game collapse dooms the Chicago Bulls' season. Guests:

This week on Chicago Tonight: The Week in Review, Joel Weisman and his panel of guests look back at Rahm Emanuel's first week as mayor: his swearing in, his move to cut $75 million from the budget, and appointment of several familiar aldermen on City Council to lead committees. Also, the prosecution in the Blagojevich retrial rests as talk swirls about the former governor himself taking the stand in his own defense. Oprah ends her historic run with a star-filled sendoff at the United Center.

Chicago's new mayor is ordering an audit of the city's controversial TIF program. Eddie Arruza talks with the mayor's budget director about what's being uncovered as the new financial team looks into the city's books. Chicago Tonight's Rahm Emanuel page More on the Story: Emanuel's finance team

What effect will the new mayor have on local business? WBBM Newsradio 780's Kris Kridel joins us with that discussion and a look at the week's top business headlines.

This week on Chicago Tonight: The Week in Review, we look back at Richard M. Daley's biggest accomplishments and multiple scandals over 22 years as Chicago mayor. Mayor-elect Rahm Emanuel releases a transition report, long on ambition and short on details. Sears threatens to leave Illinois, unless the state ponies up to keep thousands of jobs here. And in sports, Carlos Boozer and Derrick Rose dominate Thursday's game to win the series against Atlanta. Now the Bulls will feel the heat of Miami and LeBron James in the Eastern Conference Final on Sunday.

The "Home Alone" house is for sale. WBBM Newsradio 780's Kris Kridel joins us with news-making Chicago real estate and a look at the week's top business headlines. And Illinois gets a bad grade for business.