Business & Economy

The Federal Reserve is tapering back on COVID-19 stimulus measures to reign in inflation. But is that enough to bring prices back down?

Peoria-area train buffs get an opportunity to indulge that interest Sunday when the Peoria Train Fair returns to Illinois Central College in East Peoria.

Vivian Standifird is the first executive director of Peoria BioMade. Her mission: to attract and expand the biomanufacturing and biotechnology industries in the Peoria area.

With Thanksgiving just one week away, the rush to find a turkey for the holiday meal is in full swing.

Nearly four months ago, Peoria Civic Center general manager Rik Edgar declared “it’s time to turn the machine back on,” after the downtown entertainment venue had been shuttered for more than 500 days by the COVID-19 pandemic.

Gov. JB Pritzker signed into law a tax incentives package Tuesday that state lawmakers hope will help Illinois become a manufacturing hub for the budding electric vehicle industry.

Peoria airport director Gene Olson says the newly-signed $1 trillion federal infrastructure bill may finally allow for replacement of the airport's outdated air traffic control tower.

Peoria Heights' bustling central business district along Prospect Road has become the envy of many local communities. But the Heights are also familiar with challenges.

Five years after first appearing in Normal as a mysterious startup, the electric automaker Rivian on Wednesday starts a new chapter as a publicly traded company.

A Peoria-based philanthropic organization is aiming to address food insecurity and promote job creation and retention through a pair of grant opportunities currently accepting submissions.