Danville’s newest coworking space supports small businesses in city’s economic growth
Alderman and Trep School founder Tricia Teague says small business owners can create as many jobs as large companies, and the jobs are more likely to go to locals.
Student debt deprives US of public service workers, researchers say
URBANA — Americans owe more than a trillion dollars in student debt. But those hoping for relief from President Biden’s student loan forgiveness plan are out of luck after the plan was struck down by the Supreme Court. According to the Institute of Education Sciences, the average cost of college has nearly doubled in the…
Illinois grocery tax returns after one-year freeze
CHAMPAIGN – July 1 marked the end of the year-long suspension of the Illinois Grocery Tax. The freeze was intended to provide relief to consumers in the face of inflation. “The governor and the General Assembly decided the thing was we would freeze the 1% state sales tax on groceries for a year,” said State…
IDOT unveils 6-year, $41 billion plan for infrastructure projects
Largest multiyear plan in state history to affect all 102 counties
1% grocery tax to resume, gas tax to increase as new fiscal year begins July 1
Expiring temporary tax relief measures were aimed at curbing inflation
Pritzker signs bills altering Illinois’ health insurance market
Legislation authorizes state-based marketplace, rate review
St. Louis-to-Chicago Amtrak route begins faster service
$2 billion project covers speed increase, safety upgrades, new cars
Starbucks employees in Urbana strike over LGBTQ and economic concerns
Urbana Starbucks workers are picketing.
Illinois wants more EVs on the road, but the new budget just reduced funding for EV rebates
The new budget, signed into law last week, includes $12 million for the EV rebate program, officials said. That’s about $7.3 million less than was spent on the rebate program last year.
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
The Treasury Department had warned that the country would start running short of cash to pay all of its bills on Monday, a development that would have sent shockwaves through the U.S. and global economies.
Illinois Chamber of Commerce President dead at 57
Maisch died Wednesday at Barnes Jewish Hospital in St. Louis. He was 57. No cause of death was given.
Biden to say default ‘crisis averted’ in Oval Office address on debt ceiling deal Friday evening
The legislation was passed by the Senate late Thursday night after being approved by the House the previous night. Biden is expected to sign the measure on Saturday.
Watch Live: President Biden Address About Debt Deal
President Joe Biden will address the nation Friday evening from the Oval Office on the budget deal that lifts the federal debt limit and averts a U.S. government default.
Illinois downstate delegation splits vote to raise debt ceiling
The votes on raising the nation’s debt ceiling fell along party lines among the downstate Illinois congressional delegation.
Miller says she will vote against debt limit deal
Rep. Mary Miller (R-IL15) says she will not support the debt ceiling deal negotiated by President Biden and House Speaker McCarthy.