Economy

The right balance and timing with interest rate increases can cool down the overheated economy. But too much action could drive the nation into a recession.

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

Many young people leave the Peoria area for other cities when they start out on their own. But around Thanksgiving, they head home.The Greater Peoria…

The June numbers for the University of Illinois’ Flash Index show the Illinois economy’s growth rate has fallen for two months in a row. But the economist…

The University of Illinois Flash Index measured the Illinois economy at 104.5 in March. That’s down a tenth of a point from February. But economist Fred…

Members of the Chicago City Council have approved a major slice of Mayor Rahm Emanuel's $8.5 billion proposal to overhaul O'Hare International…

Continuing last year's record-setting growth, Chicago set new tourism records in the first months of 2018.Mayor Rahm Emanuel says hotel demand increased…

Governor Bruce Rauner delivered his fourth budget address to the General Assembly Wednesday amidst an ongoing fiscal crisis in Illinois. The state owes…

A congressman representing a large portion of downstate Illinois will be listening closely to President Trump’s State of the Union address…

The state’s economy continues to grow slowly, according to the University of Illinois' monthly Flash Economic Index.The Flash Index for November rose…