Illinois State Capitol in Springfield

Fitch Downgrades Illinois Credit Rating

Fitch Ratings said Monday it would drop the Illinois rating from “A” to “A-” based on lawmakers’ failure to enact a solution to the state’s public-employee pension crisis.


Holy Name Cathedral

Chicago Archdiocese Considering Selling Bonds

The Chicago Archdiocese is said to be weighing options to improve its financial health.

CBS Chicago–01/26/2012

Stock Market Game

Chicago Students’ Game Mimics Real Stock Market

Chicago high school and elementary school students on Wednesday showed off their numbers in the Stock Market Game, a statewide competition that teaches students to analyze companies, pick stocks and manage risk.

WBBM Newsradio–01/12/2012

O'Hare International Airport (Credit: Frank Polich/Getty Images)

Bonds To Be Issued For O’Hare Expansion

With some obstacles out of the way, the expansion project at O’Hare International Airport is moving ahead.

CBS Chicago–03/24/2011

O'Hare International Airport (Credit: Frank Polich/Getty Images)

City To Issue $1B In Bonds To Fund O’Hare Expansion

Mayor Daley’s plan to issue $1 billion in bonds — retired by airline ticket taxes and other airport revenues — to build a new south runway and other projects at O’Hare Airport has finally been cleared for take-off.


Mark Kirk and Rosemarie Andolino discuss O'Hare expansion. (Credit: Craig Dellimore/Newsradio 780)

Kirk Backs O’Hare Expansion Plan

U.S. Sen. Mark Kirk threw his support behind the plan to expand O’Hare International Airport on Friday, as Mayor Richard M. Daley called for completing the massive project despite concerns about bond ratings at O’Hare.

CBS Chicago–01/14/2011

Graduation Cap And Gown

Bonds For State Community College Grants?

Community college advocates are upset over a proposal to issue hundreds of millions of dollars in bonds to pay for state-funded grants to low-income college students.

WBBM Newsradio–12/27/2010

Wrigley Field

Is State-Assisted Wrigley Repair A Good Idea?

The owners of the Chicago Cubs have suggested the state issue bonds to help renovate Wrigley Field. CBS 2’s Jim Williams asks the experts if the plan is viable.