Fitch Ratings announced Friday that it has relabeled Illinois' financial outlook to "negative" from "stable." The outlook does not affect Fitch's opinion of the state's credit worthiness ...

Illinois’ credit rating remains one notch above junk status, according to Fitch Ratings, but the firm changed the state’s outlook from ... for the state’s financial future.

Fitch said the negative outlook is “driven by a lack of substantial progress procuring permanent, high-impact solutions” to a ...

SPRINGFIELD, Ill. (AP) -- A major credit-rating house has taken a more positive outlook on Illinois debt than it has in years after last week's pension-reform vote. Standard & Poor's affirmed its ...

(The Center Square) – A financial transparency expert is downplaying news that Illinois has received another credit adjustment from a credit reporting agency. Moody’s Investors Service revised the ...

A Chicago alderman is urging Mayor Brandon Johnson to reactivate ShotSpotter after a woman was found shot to death in an alleyway. WGN's Andrea Medina has the latest. The Gompers Park tent ...

Steve Grzanich has the business news of the day with the Wintrust Business Minute. The financial outlook for the City of Chicago has been changed to negative by Fitch Ratings. In its revision, ...

(The Center Square) – A financial transparency expert is ... Moody’s Investors Service revised the Illinois’ outlook from “stable” to “positive,” citing continued improvement ...

Moody’s latest outlook on Illinois is a rosier report than the one it issued last year, when the credit reporting agency described Illinois’ financial position as weak and pointed to ...

But Moody's didn't sugarcoat its outlook. It described Illinois' financial position as weak compared to other states, despite recent improvements. Underlying challenges, including fixed-cost ...