Tuition will increase 3.75 percent for new undergraduate students entering Illinois State University this fall term.

Digital currency is becoming a fundamental part of some finance courses at Illinois universities.

Illinois Gov. Bruce Rauner says lawmakers need to approve a supplemental spending bill to ensure the Department of Corrections can get through the rest of the fiscal year.

Caterpillar cautioned investors gathered at a conference Thurs. that early Wall Street forecasts were “too optimistic” about the year ahead.

Earlier analysts’ consensus from October projected earnings per share of $3.25 and revenue of $38 billion.

Caterpillar Inc.'s third-quarter earnings are lower than this time last year, but earnings surpassed Wall Street expectations.

Cat reported its numbers before the opening bell today that show the company generated a net income of $651 million in the third quarter. That’s down $2 million from third quarter last year of $559 million. The company posted Q-3 earnings of 85 cents per share, which beat analyst estimates of 77 cents per share.

  The administration of Governor Bruce Rauner is touting the low interest rate Illinois got in last week’s bond sale. But at least one public finance expert says that’s not the full story. / Flickr/Creative Commons

Peoria-based Caterpillar is reporting 2nd quarter adjusted profit per share of $1.27. It’s a 42 cent decrease from the second quarter of 2014. But it still topped analysts’ expectations by a penny.    

Sales and Revenues posted at 12.3 billion dollars. That’s down 13 percent, in the second quarter of 2014 and is last down when compared with expectations.

The company is still expecting a challenging second half of the year. But CEO Doug Oberhelman says Caterpillar continues its “track-record of solid operational performance in the face of difficult conditions.”

U.S. Congressman Aaron Schock says he’s hiring outside groups to run his campaign and district finances.  The moves come after the 18th District Congressman has come under significant scrutiny for his travel expenses.  Schock says he’s using the last few weeks to reflect on things that need to change personally and in his office. Schock says when he posts photos of his online travels…that can create the impression he’s out of touch:

Planning group reports positive finances

May 6, 2014

The Tri-County Regional Planning Commission’s monthly financial reports are in the black for the first time this year.  Peoria Public Radio’s Alex Rusciano reports the news comes after months of financial uncertainty:

Riverfront Museum scales back goals

Aug 27, 2013

The Peoria Riverfront Museum is scaling back its attendance goal this year following a lower-than-expected visitor count since opening in October.  Nearly 25-percent fewer people than expected visited the museum through June.  Museum Board President Dave Ransburg says the low number also means the museum had to use nearly twice as much money as expected from private donations to fill its spending gap last fiscal year: