Illinois

Thefirefighters' pension fund says Chicago shorted it $3.3 million, and wants to use an Illinois law to intercept state grant funds.

The authority hasn't sold bonds since 2010.

A $10 billion POB deal would be a tougher sell now that Rahm Emanuel has said he won't seek another term.

Bondholders are going after the city, county officials, and a court-appointed water receiver to ensure future payments.

The Securities and Exchange Commission has sent letters to the 12 top banks and broker-dealers that remarket variable rate demand obligations, seeking information and documents on their remarketing and rate resetting practices.

Dominick Mondi will remain president of the firm's capital markets division.

The median net pension liability in the nation’s 15 largest cities jumped 16% on a per capita basis in fiscal 2017, S&P Global Ratings said Wednesday.

The University of Chicago is refinancing some debt with future plans for new money

Mayor Rahm Emanuel on Tuesday said he will not seek re-election next year.

The Midwest's public and private universities are straining to deal with enrollment losses.