Moody's Investors Service revised its outlook on Illinois to negative from stable, the latest in a series of blows to the state's already-low credit due to its massive unfunded pension obligation.
Moody's Outlook Deals Illinois Another Credit Blow
DEC 14, 2012 9:40am ET
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Land isn't the only thing drying up in California, as the drought's economic impacts are dangerously closing in on the state's financial resources.
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