Detroit

Gas prices soar higher in Chicago than other Midwestern cities

By Hilary Gowins

08/17/2015

Multiple layers of taxation make gas sold in Chicago more expensive than in other cities across the Midwest.

Chicago and Detroit: Trading places?

By Ted Dabrowski

07/30/2015

As Chicago slides toward insolvency, the Motor City is trending upward.

TAGS: Chicago, credit rating, Detroit

Obama urges Congress to pass law letting Puerto Rico declare bankruptcy, time to let Illinois do the same

06/30/2015

If the White House wants to give Puerto Rico the right to bankruptcy, it should extend the option to all states and territories.

TAGS: bankruptcy, Puerto Rico

Illinois politicians should take note as Greek, Puerto Rican debts blow up: ‘This is not politics, this is math’

By Michael Lucci

06/29/2015

For Greece and Puerto Rico, avoiding sustainable solutions has lead to fiscal ruin. When will Illinois’ lawmakers stop whistling past the graveyard?

TAGS: budget, Chicago, debt, pensions, Puerto Rico

Egan-Jones on Chicago, S&P blames Moody’s and a message to bondholders

05/22/2015

Taxpayers need protection when municipalities go bust.

5 things you need to know about Chicago’s credit downgrades

By Austin Berg

05/19/2015

Talk of the next Detroit rings truer now than ever before.

Corruption Watch: April 2015

By Shawn Tonge

05/08/2015

April saw two major players in Illinois education ensnared in charges of cronyism, among more than 60 other corruption-related stories.

TAGS: good government

The Chicago penalty

04/23/2015

Chicago paid a premium on its recent bond offerings. Why? Default risk.

TAGS: bonds, Chicago, Chicago Board of Education, CPS: Chicago Public Schools

Yield on Chicago Public Schools bond offering hits 5.63%, bankruptcy the sensible option

04/23/2015

Where is the school district going to get $1.1 billion? The state? Think again.

TAGS: bankruptcy, CPS: Chicago Public Schools

The shockingly bad fiscal health of Chicago (and the financial engineering used to hide it)

04/02/2015

State lawmakers and the city of Chicago owe taxpayers an honest assessment. It's a sad state of affairs when we have to get that assessment from a bond guru in Kentucky.

TAGS: bonds, budget, Chicago, general obligation bonds, taxes

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Pathway to a Profession: How Apprenticeships Could Reshape Illinois’ Beauty Service Industry

Occupational licensing requirements present one of the steepest barriers to low-income Illinoisans starting careers in beauty services. Illinois requires anyone seeking to become a barber, cosmetologist, nail technician or hair braider to obtain a state license, essentially a permission slip to work. Unlike 45 other states, Illinois offers only one pathway to licensure for each...

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