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A pair of credit rating agencies on Tuesday issued warnings on the finances of both the state of Illinois and its largest city.
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A major credit rating agency says Illinois won't see its rating lowered to "junk" but warns the state still faces serious financial challenges and…
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A major bond-rating agency says the state's fiscal challenges linger despite approval of the first state budget in two years.Moody's Investors Service…
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Moody’s Investor Service downgraded Rockford’s debt rating from A1 to A2.The group says the downgrade reflects the city’s high pension burden, as well as…
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Northern Illinois University wasn't alone in the bond-rating downgrades announced Friday afternoon by Moody's Investors Service. The ratings agency also…
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One day after the Illinois General Assembly ended its spring session without passing a budget, two bond-rating agencies have downgraded the state’s…
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Moody's Investors Service has placed six Illinois public universities on review for downgrade, impacting a total of approximately $2.2 billion of public…
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Illinois’ population losses are frequently cited in debates over the state’s tax rates and business laws.Last year, Census figures show it was tied for…
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Moody’s Analytics says Illinois is among the Midwest’s “weakest links.” That’s according to a report prepared for the Illinois Commission on Government…
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Moody's Investors Service downgraded the debt of Chicago Public Schools on the same day district teachers threatened to strike.The group downgraded CPS's…