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Illinois gets score of 72 on financial transparency

Illinois earned subpar marks for its system of making annual budgetary data available to residents, according to a study by the Chicago-based policy institute Truth in Accounting (TIA).

Former Harvey alderman: 'I see the next great future area of Illinois in the South suburbs'

The city of Harvey’s financial woes have morphed into a national story line, much of it stemming from an ongoing pension debt crisis that now has the one-time thriving city synonymous with rising levels of budgetary recklessness and political corruption.

Deputy Gov. Munger named acting DCEO director

Gov. Bruce Rauner tapped Deputy Gov. Leslie Munger to lead the Illinois Department of Commerce and Economic Opportunity (DCEO) on an interim basis. Munger's first day on the job was Sept. 24.

Rauner declares harvest emergency

Gov. Bruce Rauner recently declared a harvest emergency for Illinois to help the state’s farmers and crop haulers better compete with surrounding states by easing weight limits for haulers with a free permit.

Illinois farmers permitted to grow cannabis for hemp products

Illinois will now permit growing cannabis for use in non-drug products like paper and fabrics, biodegradable plastics, health food and construction supplies.

State's unemployment rate continues decline

Payrolls have been up for six consecutive months in Illinois and unemployment has fallen to 4.2 percent, according to the Illinois Department of Employment Security (IDES).

Durbin amendment has cost banks millions in debit card fees

A 2010 rule that limited the amount merchants can be charged for debit card transactions is costing banks millions of dollars and those costs are being passed on to consumers, according to a report from the Federal Reserve Bank.

Department of Innovation and Technology codified to reduce costs, improve cybersecurity

Gov. Bruce Rauner recently signed legislation officially recognizing the Department of Innovation and Technology (DoIT), which will improve and update Illinois’ cybersecurity and government services.

Vice President of Illinois Manufacturers’ Association discusses trade with China

Mark Denzler, vice president and chief operating officer of the Illinois Manufacturers’ Association, hopes the United States can create a modern trade agreement with China that benefits the American manufacturing sector.

Illinois farmer calls on Washington to end trade war while farming group announces anti-tariff coalition

A longtime northwest Illinois farmer called upon Washington today to end the Trump administration's trade war with much of the rest of the First World as a farming coalition announced the launch of a campaign to call attention to the pain that war is causing.

Farmers for Free Trade's ad campaign pits farmers against Trump's trade war

From Ohio Business Daily

Farmers for Free Trade has launched Tariffs Hurt the Heartland, an advertising campaign featuring true stories of how tariffs will damage the country’s agricultural base.

Illinois unemployment rate unchanged

Illinois’ unemployment rate remained unchanged at 4.3 percent last month, according to the Illinois Department of Employment Security (IDES).

Community group argues proposed Wilmette wage hike would be a burden to small businesses

The Village of Wilmette in New Trier Township will be voting whether to opt into Cook County's new minimum wage hike, a measure that has been met with much disagreement given the potential it has to disrupt wages for small businesses.

Q&A: Illinois Chamber of Commerce on tariffs

With the talk of tariffs headlining business news lately, Illinois Business Daily reached out to the Illinois Chamber of Commerce for their thoughts.

Illinois sold $65 billion in products globally last year

With May designated "World Trade Month," Gov. Bruce Rauner recently pointed out that the state sold $65 billion worth of manufactured products globally last year and leads the Midwest in exports.

LaHood among lawmakers seeking modification to tax reform provision

Lawmakers are pushing for an early change to a provision in the recently passed tax reform act that they claim unfairly provides advantages to farmers selling to cooperatives, to the detriment of private companies.

OPINION: Next Step in Dismantling Obamacare: IPAB

Taxes are lower, ISIS is on the run, and the regulatory agencies are in a ceasefire with the US economy.

Metro Business Network