Midwest

Indiana lawmakers approved a budget deal late Friday that includes an increase in the state gas tax and paves the way for interstate highway tolls.

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.

FORT MADISON, Iowa -- The Fort Madison School Board is putting a $27 million general obligation bond issuance that will pay for the construction of a new elementary school and softball and baseball fields to vote June 27.

Burned by its water contamination crisis, Flint wants to stick with its current water supply.

The Wisconsin-based conduit got a BBB rating from Kroll Bond Rating Agency for $165 million of Series 2017 taxable revenue bonds payable solely from New York's Albert Einstein College of Medicine promissory notes and guaranteed by Montefiore Medical Center.