State Of Illinois On Its Last Legs

Last week it was reported that the illinois Budget was in dire financial straits making it a perfect candidate for Sa.....»»

Category: blogSource: valuewalkJun 19th, 2017

Nearly Insolvent Illinois Just Issued AAA-Rated Bonds Via This Shady Goldman Sachs Financing Structure

The state of Illinois is a financial disaster that will undoubtedly be forced into bankruptcy at some point in the future.  As we've pointed out multiple times over the past several months, the state .....»»

Category: blogSource: zerohedgeDec 5th, 2017

Illinois" first fracking permit returned by Kansas company

The first company to obtain a permit for fracking in Illinois announced Friday it won't use it, citing market conditions and the state's "burdensome and costly" regulations......»»

Category: topSource: foxnewsNov 4th, 2017

Muni Investors Celebrate "Juicy" 3.74% Yield On New Illinois Bonds As State Hurdles Toward Bankruptcy

Muni investors seem to be absolutely elated today by the opportunity to scoop up their fair share of $4.5 billion worth of new Illinois bonds due in 20.....»»

Category: blogSource: zerohedgeOct 25th, 2017

Governors’ races have become contests between bajillionaires

Citizens for RaunerTHOUGH the primary is not until next March, the election to be the next governor of Illinois is already on track to become the most expensive in state political history, overtaking the $280m fight for.....»»

Category: useconomySource: economistOct 19th, 2017

The State Of Illinois Is "Past The Point Of No Return"


Category: blogSource: zerohedgeOct 18th, 2017

Report: Illinois ranks 29th in tax climate for business

Illinois’ tax code ranks 29th among the 50 state.....»»

Category: topSource: chicagotribuneOct 18th, 2017

Illinois to sell $6B of bonds to a skeptical market

Investor skepticism that Illinois can climb out of a deep fiscal hole will loom over the state's $6 billion sale of tax-exempt bonds into the U.S. municipal market set to start next week......»»

Category: topSource: foxnewsOct 13th, 2017

Illinois Debt Crisis Deepens As Comptroller Admits No Idea What True Balance Of Outstanding Bills Is

Back in July, the state of Illinois narrowly avoided a junk bond rating with a last minute budget deal t.....»»

Category: blogSource: zerohedgeOct 11th, 2017

August Busch IV"s blood tests come up clean after helicopter landing

Illinois State Police lab testing of blood from August Busch IV has come up negative for alcohol or drugs after he landed a helicopter in a Swansea parking lot in July. The toxicology results, dated Aug. 28, were released Wednesday by St. Clair Cou.....»»

Category: topSource: bizjournalsOct 4th, 2017

Illinois Unpaid Vendor Backlog Hits A New Record At Over $16 Billion

Back in July, the state of Illinois narrowly avoided a junk bond rating with a last minute budget deal that included a 32% in hike in income taxes.  Republican Governor Bruce Rauner vetoed the budget and called it a "disaster," but both houses of th.....»»

Category: blogSource: zerohedgeSep 19th, 2017

Ulta Beauty to enter Hawaii market with three stores

Ulta Beauty, the nation’s largest retailer of cosmetics, fragrances and skin and hair products, plans to open three stores in Hawaii, the retailer's first in the state. The Bolingbrook, Illinois-based retailer filed three building permits with .....»»

Category: topSource: bizjournalsSep 12th, 2017

"Desperation and anxiety": DACA repeal worries Illinois businesses, could cost state economy $2.3 billion

Miramar Group CEO Juan Ochoa knows what it i.....»»

Category: topSource: chicagotribuneSep 6th, 2017

Why a later start to the school day could pump $1 billion into Illinois" economy

If school districts throughout the state .....»»

Category: topSource: chicagotribuneSep 5th, 2017

Illinois governor vetoes bill to raise the state"s minimum wage to $15

The governor of Illinois has vetoed a bill that would have raised the state's minimum wage to $15 an hour by 2022......»»

Category: topSource: moneyAug 25th, 2017

In Illinois, This College Town Won"t Be Eclipsed By August"s Celestial Event

A town of 26,000 will more than double in size as the Great American Eclipse takes place in August. From the local state university to longtime bakery, people are getting ready for it.....»»

Category: topSource: nprAug 21st, 2017

What Time Does the Solar Eclipse 2017 Start in My State?

The eclipse will pass through Oregon, Idaho, Wyoming, Montana, Nebraska, Iowa, Kansas, Missouri, Illinois, Kentucky, Tennessee, Georgia, North Carolina and South Carolina as it moves from coast to coast......»»

Category: topSource: newsweekAug 21st, 2017

Federal government warns Cook County on soda tax collection

The federal government is threatening to withhold about $87 million in food stamp funds from the state of Illinois if Cook County doesn't alter the manner in which the penny-an-ounce tax on sweetened beverages has been implemented......»»

Category: topSource: foxnewsAug 11th, 2017

Cards Against Humanity Donated $70,000 to Help Legalize Recreational Marijuana in Illinois

The profane party card game company is donating money to the Marijuana Policy Project to help support the adult-use legalization effort in its home state......»»

Category: topSource: incAug 7th, 2017

Illinois Makes "Barack Obama Day" State Holiday

Former President Barack Obama got a special present for his birthday this year.....»»

Category: blogSource: zerohedgeAug 6th, 2017

The State Of Illinois: A Crisis Of Politics, Not Economics

Illinois is seen as a credit risk hot s.....»»

Category: blogSource: valuewalkJul 31st, 2017