Midwest

J.B. Pritzker on Wednesday signed Illinois' $53.1 billion fiscal year 2025 budget, which includes $198 million for the rainy day fund, among other things.

The center, at the University of Chicago's Harris School of Public Policy, added six people with municipal finance experience to its board of advisors.

Moody's Ratings analysts revised the outlook to stable from negative on the expectation that states and locals will fill an $8 billion operations funding gap.

Legislative leaders want the Super Bowl-winning Kansas City Chiefs to weigh in on a plan to use bonds for a new stadium on their side of the state line.

St. John's Lutheran Church in Madison is redeveloping its property to build affordable housing blocks from the Capitol in the booming East Washington corridor.

May volume "surprised on the high end and it has been one of the fastest starts to the year historically," said James Pruskowski, chief investment officer at 16Rock Asset Management.

S&P Global Ratings revised the outlook on bonds issued for the University of Chicago Medical Center to negative from stable.

Fulcrum BioEnergy, which raised more than $1 billion to turn household waste into lower-emitting fuels for planes and trucks, is in danger of going under.

The owner of an Iowa nitrogen fertilizer plant with more than $800 million of munis outstanding is trying to sell the plant to one of its largest competitors.

Indiana officials celebrated the completion of the first of three major commuter railway upgrades, which together represent the state's largest rail project.