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Last week Mayor Rahm Emanuel selected billionaire tech entrepreneur Elon Musk's The Boring Co. to build tunnels that autonomous vehicles would zoom through at speeds over 100 mph to transport riders between the Loop and O'Hare International Airport.
June 18
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S&P said there was a one-in-three chance that it could raise Allen Park's rating by multiple notches over the next year.
June 15
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The county's last junk bond rating was erased with a two-notch Moody's upgrade to Baa2.
June 15
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The city isn't risking its money, only that Elon Musk won't deliver on his promises for an airport transit line.
June 15
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Harvey, Illinois, its public safety pension funds, and its revenue bondholders continue negotiating toward a settlement on revenue diversions.
June 15
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Ascension's acquisition of Presence Health brings double-A ratings to the previously triple-B-minus debt of Presence.
June 15
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The budget has become a bone of contention between the mayor and city council members.
June 14
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A majority of states leverage their revolving funds to issue municipal bonds to finance local projects.
June 14
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The city has finalizeda consulting contract with an advisory team for a possible airport lease.
June 14
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Chicago Mayor Rahm Emanuel's administration and The Boring Company will begin contract negotiations on a high-speed tunnel system.
June 14
