NEW YORK - Worries about a spreading banking crisis and how badly it will hit an already fragile economy caused markets to shudder Wednesday, as stocks fell and bond yields tumbled on both sides of the Atlantic. The S&P 500 was 1% lower in afternoon...

WASHINGTON - Wholesale price increases in the United States slowed sharply last month as food and energy costs declined, a sign that inflationary pressures may be easing as the Federal Reserve considers whether to keep raising interest rates to figh...

WASHINGTON - U.S. consumer price increases eased slightly from January to February but still pointed to an elevated inflation rate that is posing a challenge for the Federal Reserve at a delicate moment for the financial system. The government said ...

PITTSFIELD, Mass. - A winter storm dumped heavy, wet snow in parts of the Northeast on Tuesday, causing tens of thousands of power outages, widespread school closings, dangerous road conditions and a plane to slide off a taxiway. The storm's path in...

With significant financial support from Gov. J.B. Pritzker, Illinois' Democratic Party is getting involved in contests for school and library board seats this spring to combat what party officials call "really extreme candidates," including some bac...

The Council of Islamic Organizations of Greater Chicago's Syrian/Türkiye Task Force will host a community meeting Thursday in Willowbrook to discuss earthquake relief. The death toll from the massive Feb. 6 earthquakes in Turkey and Syria has surpas...

WASHINGTON - Two large banks that cater to the tech industry have collapsed after a bank run, government agencies are taking emergency measures to backstop the financial system, and President Joe Biden is reassuring Americans that the money they hav...

Dustin Covarrubias, principal of Willard Elementary School in South Elgin, has received a Meritorious Service Award in the Illinois State Board of Education's Those Who Excel program. He will be honored Monday by the Elgin Area School District U-46 ...

This endorsement is a consensus opinion of the Daily Herald Editorial Board. The choice of who will lead the Elgin Area School District U-46 board the next four years is a tough one, with six candidates, each having much to offer, running for f...