As the city prepares to borrow almost $1.2 billion, Mayor Rahm Emanuel has asked ratings agency Moody’s Investors Service to withdraw all its ratings of the city’s credit worthiness.
Joining us with the story is WBEZ’s Dan Weissmann.
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Dec. 19: Unemployment is down, the stock market is up and the Federal Reserve raises interest rates. Just how strong is the American economy? Two Chicago economists take stock of what’s in store for 2017.
Nov. 3: The Cubs victory boosts revenue for the franchise and the bars of Wrigleyville, but beyond the feel-good factor, is there a broader economic benefit for the city?