Midwest

Moody’s Investors Service late Friday revised its outlook to stable from negative on the Catholic Archdiocese of Chicago.

Illinois Senate leaders will push for midweek passage of their “Grand Bargain” legislation in hopes of breaking more than18 months of political gridlock.

Wisconsin expects $454 million more in general fund taxes will be collected through the next two-year budget cycle as Gov. Scott Walker prepares to release a new budget next month.

Chicago’s spread penalties in the primary market hit a new peak Thursday on its $1.2 billion general obligation sale.

Michigan's underfunding of its infrastructure could crowd out the state's ability to fund other priorities such as improving pension funding at a time when tax revenues are beginning to slow, according to a Moody's Investors Service.

Missouri needs to cut $700 million in spending through the next 18 months to keep its books balanced, Gov. Eric Greitens warned this week.

Indiana must keep its books balanced and its reserves well-funded, Indiana Gov. Eric Holcomb said, calling the state government’s strong fiscal health a “bedrock” of its appeal for businesses.

Michigan Gov. Rick Snyder put the state's infrastructure needs at the top of his to-do list in his State of the State address

A five-year-old Illinois law that safeguards not-for-profit hospitals’ local tax exemptions in exchange for meeting minimum charity and community care standards is before the Illinois Supreme Court.

It was a year of disappointing investment returns from 11 local government pension funds in Illinois, according to the latest annual report from a state government commission.