Midwest

Gov. Bruce Rauner has called the bill a “bailout” for Chicago Public Schools and plans to use his amendatory veto powers to cut funding in half.

Illinois made $740 million in Medicaid-related payments this week.

Veteran Chicago-based banker Elizabeth Coolidge is headed to UBS from PNC.

The sales tax breaks on car trade-ins comes at too great a price for the state.

The budget for the next fiscal year increases spending on public safety and a stalled jail project.

The final selection of Gary schools emergency manager will be made on Monday.

Chicago has good news to share as investors return to town, though pension and school woes loom large.

The cost is tied to water costs under current contract and covering its KWA bond obligation.

Four of Illinois’ junk-rated public universities won an upgrade from S&P Global Ratings.

Illinois bonds saw a slight price bump in reaction to Moody's confirmation of the state's Baa3 rating.