
debt
Illinois Faces 25% Cost Increase to Borrow $1.8 Billion
Illinois plans to sell $1.8 billion of general-obligation debt tomorrow as its relative borrowing costs may increase by almost a quarter.
Chicago Gets Negative Outlook From Moody’s on Pension Gaps
Chicago “outsized pension pressures,” unemployment and foreclosure backlog prompted Moody’s Investors Service to assign a negative outlook today to the third-largest U.S. city’s general-obligation debt.
Students hear Occupy and Tea Party voices at Benedictine mock rally
Several hundred local high school students had a chance to see ideological passion in action Tuesday morning at Benedictine University.


