Midwest

An unsealed whistleblower lawsuit accuses eight Wall Street and regional banks and broker-dealers that served as remarketing agents of fraud and collusion in resetting rates for variable rate demand obligations issued by state and local issuers in Illinois.

Failure at the ballot may require Omaha Public Schools to lean more on its general fund dollars for repairs needed to keep schools fully operational.

The Branson Airport settlement resolves bond claims and provides cash operators say is needed to stay afloat.

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.

Morgan Stanley will run the books on several negotiated deals that are part of about $360 million in local government borrowing planned.

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.

The bankruptcy process could take 18 to 36 months to sort out, one municipal analyst said.