| Oct 3, 2012
| 1:52 PM
L.A. County received its highest ever credit rating earlier this week, meaning the municipality will pay less interest when borrowing money for some projects....
| Jul 19, 2013
| 6:54 AM
WASHINGTON -- The shrinking budget deficit and improving economy has led Moody's Investor Services to affirm the nation's AAA credit rating and upgrade the outlook for government debt to stable from a negative watch that could have led to a downgrade....
| Apr 5, 2013
The Markham Roller Rink was past its prime.
The clout-heavy owner struggled to make money and failed to make needed repairs, records show. The rink's appraised market value sat at about half a million dollars — and that was before the real...
| Sep 24, 2012
| 1:10 PM
MetLife Inc. and General Electric Co. have tweaked the terms of a deal in which the U.S. life insurer is selling $7 billion in bank deposits to the conglomerate, a move MetLife said would change the regulator in charge of approving the deal.
| Jun 6, 2013
| 2:23 PM
Gov. Pat Quinn today called lawmakers back into special session June 19 to deal with the public employee pension shortfall after another rating agency downgraded Illinois' credit rating.
Given the wide philosophical divides between the House and Senate,...
| Jun 3, 2013
| 1:48 PM
SPRINGFIELD --- A major investor ratings service further lowered Illinois' worst-in-the-nation credit rating today following lawmakers' inability to agree on money-saving reforms to the public employee pension system.
Fitch Ratings dropped Illinois...
| Jan 29, 2013
| 11:57 AM
Thank you, President Pro Tem Dempsey, Speaker Jones, judges of the Missouri Supreme Court, Lieutenant Governor Kinder, state officials, members of the legislature, members of my cabinet, and my fellow Missourians.
This evening it is my pleasure to be...
| Jan 30, 2013
| 10:11 AM
Illinois budget officials say the state will delay today's planned sale of $500 million in construction bonds after a recent credit downgrade.
A spokesman for Gov. Pat Quinn's budget office said the decision was made after conversations with potential...
| Jan 25, 2013
| 3:27 PM
SPRINGFIELD — Illinois fell to the bottom of all 50 states in the rankings of a major credit ratings agency Friday following the failure of Gov. Pat Quinn and lawmakers to fix the state’s hemorrhaging pension system during this month’s...
| Jan 11, 2013
The electoral map, the demographics behind President Barack Obama's re-election and the high-end tax increases that were just wrung from the Republicans give Democrats reason to believe that long-term political trends are on their side in budget...
| Jan 11, 2013
| 12:07 PM
SPRINGFIELD — One of the nation's leading credit-rating firms put Illinois on a negative watch list today because Gov. Pat Quinn and state lawmakers failed to address the overwhelming public pension debt in the just-completed lame-duck session....
| Dec 11, 2012
Shopping for a car loan doesn't have to be a painful experience if you're prepared.
Almost 90 percent of cars aren't bought by consumers at all; they're purchased by banks. Only about 10 percent of buyers pay cash outright. The rest either borrow or...