The Illinois state legislature passed a $55.2 billion budget in the final 48 hours of the legislative session, leaving little ...

Illinois slashed its revenue forecast for the coming fiscal year by about $500 million, citing questions around the economic outlook and policies of President Donald Trump that could reduce ...

The largest increases are on taxes of tobacco, vaping and sports betting, but there are also various changes to corporate ...

Democrats in control of the Illinois General Assembly flexed their supermajorities to muscle through a $55.2 billion state ...

The Illinois General Assembly sent Chicago transit agencies closer to the fiscal cliff, adjourning without sending a funding ...

The ALEC-Laffer competitiveness index released Tuesday ranks Illinois 46th out of 50 in economic outlook for 2025 and 47th out of 50 in economic performance over the past 10 years. Report author ...

Illinois taxpayers are on the hook for over a billion dollars of tax increases to fund a $55 billion budget, the most ...

Fitch said the negative outlook is “driven by a lack of substantial progress procuring permanent, high-impact solutions” to a ...

Steve Grzanich has the business news of the day with the Wintrust Business Minute. The financial outlook for the City of ...

Although Illinois ranks among the lowly in economic competitiveness, other states in the Midwest are faring quite well. Indiana ranks third in the nation for economic outlook.