Economy

The Town of Normal is in a strong fiscal position, but some indicators raise concerns that future budgeting will become a challenge.

Damage claims from Hurricane Helene continue to trickle in even as assessments from Hurricane Milton mount.

The study by Choose Chicago, the city’s marketing arm, focused in part on the direct spending from the two committees responsible for the convention, the Democratic National Convention Committee and the Chicago host committee.

Mayor Mboka Mwilambwe says Illinois State University's future presence on Bloomington's east side may spark development of Country Financial’s remaining 26 vacant acres at GE and Hershey roads.

The city manager of Bloomington says after more than a decade of inaction by the owners of the vacant Front N Center building downtown, there are signs of movement.

The city manager of Bloomington said it's time to raise the public profile of the issue of Eastland Mall improvement.

The chief economist for PNC Bank said relief is coming to the stalled housing construction sector in Central Illinois and wage growth will start to make up for lost buying power caused by inflation.

A developer wants to create 58 attached townhouses on currently unincorporated land on the southwest side of Bloomington.

Candy maker Ferrero may not be done growing in Bloomington-Normal even though the company's new $214 million chocolate plant is now officially open.

RhinoAg plans to merge its operations with a plant in Selma, Alabama by March 2025. In a statement, the company cited difficult market conditions in the ag equipment sector for the closure.