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State’s 8th upgrade in less than 2 years, 2nd to put it in ‘A’ category
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S&P cites recent early debt retirement, buildup of rainy day fund
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Rating agency cites ‘fundamental improvement’ in state’s fiscal outlook
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Move means lower interest costs, but rating remains lowest of all states
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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' rating won't be lowered to ``junk'' but warns the state still faces serious financial challenges and long-term…
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A major bond-rating agency says Illinois' fiscal challenges linger despite approval of the first state budget in two years.Moody's Investors Service…
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Even though the Illinois House voted to override the governor's veto to give the state its first budget since 2015, the state's bonds may still reach…
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Illinois Public Radio's Jenna Dooley explores just what it means to be "under review" by Moody's Investors.
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SIU President Randy Dunn talks with WSIU's Jennifer Fuller about recent credit downgrades and warnings, and how the university can rebound from difficult…