Illinois

Nuveen, in its defense against Preston Hollow's lawsuit, says its conduct in the fight for bond business was legal whether the other firm likes it or not.

Moody's labeled the April 2 election results a credit positive.

The full state Senate will weigh Gov. J.B. Pritzker's proposal to ask voters to approve a graduated tax system after it cleared a committee.

Four California and Chicago school districts are among issuers to earn negative outlooks in Fitch revisions after a ruling in Puerto Rico's bankruptcy.

Mayor-elect Lori Lightfoot opted not to try to block votes on controversial subsidies that could top $2 billion for two economic development projects.

Lori Lightfoot picked Jeffrey Bethke to help address the city's pension and budget demands when she takes the helm next month.

Advocates are pressing for more than a pork-filled package, with reforms and sustainable funding sources, too.

The Illinois Finance Authority says one green investor snapped up a piece of deal during retail order period.

Attorney Lori Lightfoot will become the city's first African American woman mayor when she takes office on May 20.

The Illinois Finance Authority takes retail orders Tuesday on the $450 million SRF deal before pricing Wednesday.