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Business & Lifestyle

State Rep: Bitcoin and blockchain here to stay as Illinois leads the way

CHICAGO (Illinois News Network) -- With the soaring price of digital currency Bitcoin, and the Chicago Mercantile Exchange Group set to launch futures beginning Dec. 17, one state representative says the technology is here to stay. Bitcoin broke $19,000 per coin Thursday before dropping 20 percent and then settling at more than $16,000. That’s more than triple what it was just three months ago. Back in 2010, Bitcoin prices were around $30. CME Group said on its website the value […]

todayDecember 8, 2017 19

Business & Lifestyle

Decatur passes budget out of balance by $3 million

DECATUR (Heartland Newsfeed/Illinois Policy Institute) -- As its population and tax base erode, the city of Decatur passed a budget for fiscal year 2018 more than $3 million in the red. The Decatur City Council passed a budget more than $3 million out of balance Dec. 4, citing growing costs and declining revenues. The shortfall is a combination of deficit costs and a decline in multiple revenue streams – including revenue from sales taxes, cables taxes and hotel taxes, which […]

todayDecember 7, 2017 92

Business & Lifestyle

Downstate Republican senator: Illinois should legalize marijuana

SPRINGFIELD (Illinois News Network) -- Add a Republican senator from Central Illinois to the growing list of Illinois lawmakers who say the state should legalize recreational marijuana. State Sen. Jason Barickman (R-Bloomington) says he is ready to support legal, recreational marijuana if the law is written correctly. "I think fiscal conservatives need to be in this debate," Barickman said Tuesday. "It is inevitable that this is going to happen. Our opportunity is either to sit on the sidelines and watch […]

todayDecember 7, 2017 22

Business & Lifestyle

Opioid overdoses killed more people in Illinois than car crashes in 2016

SPRINGFIELD (Illinois News Network) -- Opioid overdoses in Illinois killed nearly twice as many people as car crashes last year, but public health officials and addiction specialists say most people either don't know or don't care. Illinois Department of Public Health Director Nirav Shah said that families of addicts and law enforcement are starting to wake up to the crisis. But they say there are still too many people in Illinois who think drug addictions is only the users' problem. "Fully […]

todayNovember 16, 2017 49

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