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The University of Illinois and Illinois State University were downgraded by S&P Global Ratings.
June 7
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Barclays is bolstering its Chicago team with three banking additions at the expense of Bank of America Merrill Lynch.
June 7
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Illinois asked a judge to put off the effective date of a possible court order elevating Medicaid over other payment obligations.
June 7
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Two Illinois community colleges were downgraded by Moody’s because of the state's budget woes.
June 2
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Illinois spreads widened as investor confidence waned that the state can resolve its budget deadlock.
June 2
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Municipal bonds turned stronger with U.S. Treasuries on a mixed employment report for May.
June 2
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Illinois received two downgrades Thursday, bringing it closer to a junk bond rating.
June 1
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Illinois took a one notch downgrade from S&P Global Ratings leaving its general obligation debt at BBB-minus.
June 1 -
Prospects are bleak for a breakthrough on Illinois’ two-year-old state budget stalemate.
May 31 -
Time’s almost up for Illinois state lawmakers and the governor to come up with a budget plan that all can live with as the spring legislative session ends this week.
May 30
