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Illinois still has time to solve its budget ills, according to Fitch Ratings.
May 23 -
Illinois faces swap terminations and higher floating-rate costs if its ratings sink much further.
May 22 -
Goldman Sachs opened the first of a two-day retail order period for the Hudson Yards Infrastructure Corp., N.Y.’s $2.15 billion tax-exempt deal as municipal bonds were unchanged ahead of next week's $7.02 billion calendar.
May 19 -
Tax hikes, cuts, and reforms are needed to tackle Illinois' fiscal crisis, a business group suggested.
May 18 -
Illinois Senate votes on a budget package left the fate of a 'grand bargain' unclear.
May 18 -
State pension changes cleared an Illinois House committee Tuesday but their fate is uncertain.
May 17 -
Illinois and its local governments will all suffer if the state is downgraded again, Nuveen warns.
May 16 -
The Illinois Senate President warned that disaster looms if historic gridlock doesn't end soon.
May 11 -
Illinois gets tongue lashing from research group over impasse as senate efforts at compromise build.
May 9 -
Bankruptcy experts and political observers say states would have a hard time getting restructuring power.
May 9