Illinois

Illinois lacks a path to restructure state debt but Puerto Rico's filing heightened chatter.

The sale of Illinois' Chicago headquarters is the latest issue caught in political gridlock.

Cook County is losing Ivan Samstein to the University of Chicago.

Mayor says Chicago Public Schools will remain open despite court defeat.

Illinois delays in grant payments to districts like CPS adds to its liquidity woes.

The Chicago Business Barometer rose to 58.3 in April from 57.7 in March.

The Midwest Economy Index improved to 0.60 in March from 0.28 in February, the Federal Reserve Bank of Chicago said Friday.

Illinois public university presidents sounded alarms about the historic state budget impasse.

The Illinois Tollway's board of directors will consider adding $1.3 billion to its bond issuance plans.

The rating pains of Illinois' public universities took a turn for the worse.

S&P Global Ratings lowered its long-term rating and underlying rating (SPUR) three notches to 'B' from 'BB' on Northeastern Illinois University Board of Trustees' outstanding university facilities system (UFS) and certificates of participation (COPS) bonds, issued for Northeastern Illinois University (NEIU).

S&P Global Ratings lowered its long-term rating and underlying rating (SPUR) three notches to 'BB' from 'BBB' on Southern Illinois University Board of Trustees' housing and auxiliary facilities system (HAFS) revenue bonds and certificates of participation (COPs), issued for Southern Illinois University (SIU), and placed the ratings on CreditWatch with negative implications.

S&P Global Ratings has affirmed and placed on CreditWatch with negative implications its 'A' long-term rating on Illinois State University Board of Trustees' series 2016 auxiliary facilities system (AFS) revenue bonds.

S&P Global Ratings has affirmed and placed on CreditWatch with negative implications its 'A' long-term rating on Illinois State University Board of Trustees' series 2016 auxiliary facilities system (AFS) revenue bonds. In addition, we affirmed our 'A' long-term rating and underlying rating (SPUR) on existing bonds and certificates of participation (COPs), issued on behalf of Illinois State University (ISU).

A conference in Chicago weighs lessons from Detroit's bankruptcy.

Seven Illinois public universities with more than $2 billion in rated debt face a rating review.

Rend Lake College will issue $5 million in bonds to help defray operational costs in light of the state budget crisis.

Illinois House Democrats pressed forward on an $800 million spending bill.

Midwestern voters loosened their purse strings to approve Kansas City, Missouri’s $800 million infrastructure referendum but held fast against St. Louis’ public financing request for a new soccer stadium.

Distressed local governments struggling under the weight of pension, healthcare, and other debts could turn to a special authority for fiscal guidance under legislation before Illinois lawmakers.