Yvette Shields

The fiscally stressed Detroit Public Schools’ latest financial results offer a mixed bag as its general fund deficit grew but at a slower pace than expected.

A lengthy battle between a bond trustee and bankrupt Chicago-area hockey arena operator Leafs Hockey Club over $20 million of unrated bonds is nearing an end.

Standard & Poor's has moved Minnesota-based St. Croix Preparatory Academy’s rating closer to investment grade level.

Lawrence, Indiana’s waterworks utility lost its investment grade level rating after being hit with a three notch downgrade from Standard & Poor’s.

Chicago’s unfunded pension obligations could continue to swell for at least the next decade, even under a best-case scenario, Moody’s Investors Service concludes in a new report.

Michigan’s recent adoption of a $1.2 billion road funding package was labeled a positive credit factor for the state’s transportation revenue bonds by Moody’s Investors Service.

Missouri has turned east to New Hampshire for a new head of transportation.

Investors holding about $27 million of bonds issued for a failed sucralose plant in Moberly, Missouri have reached settlements with the financial firms they sued in state court, weeks after a federal class-action case was settled.

Allen Park, Mich. received a positive review from Standard & Poor's for its advancing efforts to shed some its troublesome $26.3 million of debt issued for a failed film studio, with an upgrade for the still speculative-grade credit.

Wisconsin heads into the market Monday with $42 million of environmental improvement fund revenue bonds that mark its inaugural outing under a new triple-A rated credit expected to benefit both the state and pool borrowers.

Standard & Poor's revised its outlook on the Iowa Board of Regents' University of Iowa Hospitals and Clinics to stable from negative after a decision to trim capital spending.

Moody's Investors Service dropped Minnesota-based Amherst H. Wilder Foundation's rating by two levels to A3 over its fiscal struggles that have led to endowment draws.

Concerns over the size of Cook County, Ill.'s sales tax hike to shore up pensions overshadows other accomplishments in board President Toni Preckwinkle's proposed budget, the Civic Federation of Chicago said.

Voters across the Midwest elected new leaders, embraced the borrowing pleas of some school districts while nixing others, and rejected a controversial marijuana initiative in one state.

Illinois Gov. Bruce Rauner hired financial advisory specialist Kelly Hutchinson from the firm A.C. Advisory to manage its debt as capital markets director.

Michigan Gov. Rick Snyder said he will sign a $1.2 billion road funding package that cleared the legislature late Tuesday after months of fits and starts during ongoing negotiations.

Chicago’s passage of a record tax hike to help stabilize its public safety pension funds has fueled further tightening of the city’s general obligation trading levels in recent days, Municipal Market Analytics says.

Chicago squares off in the Illinois Supreme Court Nov. 17 with unions and pension fund members challenging the overhaul of its municipal and laborers' pension funds.

The Indiana Finance Authority's chief financial and chief operating officer, Dan Huge, will take the helm of the agency that serves as the state's borrowing arm.

Moody's Investors Service is taking a positive view of Springfield, Ill's water, light and power utility's $500 million debt restructuring as a stabilizing influence on its credit profile