Stock markets have reached all-time highs just a few years after the market meltdown of the Great Recession. The Standard & Poor’s 500 index has more than doubled since the end of 2008 and many individuals have replenished their retirement accounts, and then some. But if you’re an Illinois government worker stuck in a state-run...

TAGS: Chicago, taxes

Can Illinois’ dead-last credit rating get any worse?

By Naomi Lopez Bauman

09/08/2014

According to ratings agency Standard & Poor’s 500 Illinois’ credit rating is the worst among the 50 states. We are the only state in the country with an A- credit rating – on par with nations such as Botswana, Latvia and Slovenia And Illinoisans should be aware of the possibility that we could be headed...

TAGS: credit rating

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