Official name: viral conjunctivitis. Common name: pink eye.

Being a virus, you mostly have to just let it run its course, though you can try this woman's remedy posted on YouTube of squirting lemon in your eye.

WILX TV 10 reports that pink eye is going around and there are some things you need to do to whether you catch viral or bacterial pink eye - get those details here. 

Note that pink eye is VERY contagious - wash your hands a LOT! Which is always my mantra.