Illinois

Illinois lawmakers returned to work this week with less than two months to settle on a budget.

Though the legal setback is "harmful" to the Chicago Park District's plan to increase pension funding, it doesn't cause a budgetary crisis, S&P said.

Employers in New York also are allowed to implement a 5% payroll tax as a way of paying some of their employees’ state income taxes.

Illinois spreads are rising as the state plots its first sale of 2018 for May.

Moody's threw cold water on Chicago's position that O'Hare's ratings can withstand new terminal debt.

A proposed Chicago ordinance would press banks on gun control.

Moody's labeled the Illinois high court's refusal to hear an appeal on step raises a "credit negative" for the state.

The St. Louis-based firm enters its second century of business this year.

The largest not-for-profit health systems in Illinois and Wisconsin have cleared all regulatory hurdles to the merger.

The district must come up with a new plan to save its pension fund from insolvency.