Articles filed under Economy
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Weight-loss drugs aren’t just slimming waists. They’re shifting the economy.Feb 24, 2025 11:54 am - Roughly 16 million people — that’s 6% of American adults — taking GLP-1 weight-loss drugs, and their collective purchasing power has the potential to profoundly reshape the economy in the coming years, experts say.
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Illinois can overcome its challenging budget realitiesJan 26, 2025 5:49 am - To overcome a challenging fiscal environment, Illinois should find operational efficiencies and continue its commitment to fiscally responsible budgeting while making necessary improvements to our transportation systems, addressing education needs, and continuing to improve pensions.
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As budget tightens, report finds Illinois better prepared for recession than in recent pastDec 11, 2024 10:00 am - State lawmakers will face a projected budget deficit and slowing revenue when they return to Springfield in January, but a new report shows fiscal decisions made in recent years have put Illinois in a better position to handle a recession than in recent decades.
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November is ‘Thank a Business Month’Oct 30, 2024 9:47 am - As we enter the busiest shopping season of the year, it’s a great time to thank a business. The Better Business Bureau suggests customers give a nod of support and thanks to trusted businesses with great products, customer service, and community involvement.
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How ‘millionaire’s tax’ ballot question hides a business tax hikeOct 20, 2024 6:02 am - The proposed tax promises property tax relief by hitting millionaires. But “millionaires” in Illinois more often than not are entrepreneurs, S-corps, partnerships, LLCs, farmers and sole proprietors.
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Time running out for lawmakers to address public transit fiscal cliffOct 06, 2024 7:00 am - Efficient, accessible, and safe public transportation is essential to a robust Illinois economy. Our public transit systems connect workers to jobs, bring customers to co...
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Suburbs shouldn’t impose their own grocery taxesSep 29, 2024 5:13 am - Gov. JB Pritzker attempted some political theater this spring when he and the General Assembly eliminated the statewide grocery tax. It was a hollow victory for taxpayers.
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Midyear pit stop: How to rev up your company from good to better to bestSep 11, 2024 10:00 am - Midyear is the exact right time for businesses to make a pit stop. Pull over and consider what good business practices and strategies are for the remaining laps of the year. Also, pause to think about what better practices and strategies could be, and what best practices might look like.
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Does Illinois have a path to public pension reform?Sep 08, 2024 5:12 am - Illinois’ worst-in-the-nation pension crisis shouldn’t come as a surprise. For years economists have been sounding the alarm that Illinois’ pension problem is growing from financially painful to potentially unsolvable.
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You aren’t likely to lose a job in the US but may find it harder to land oneSep 05, 2024 1:52 pm - WASHINGTON — Laid off by the music streaming service Spotify last year, Joovay Arias figured he’d land another job as a software engineer fairly soon. His previous job se...