Moody’s Investors Service downgraded the rating on the city of Chicago’s $8.3 billion in general obligation debt to Baa2 from Baa1 on Friday, Feb. 27.
City of Chicago
Chicago digs out from its fifth biggest snowstorm on record. How do residents feel the city did?
The city releases its 2015 budget forecast with a relatively manageable deficit, assuming the city gets pension reform. But what happens if it doesn't? Paris Schutz has the details.
Second Quarter Report Focuses on April 1-June 30
The City of Chicago Office of the Inspector General released its second quarter report for 2014, according to a press release. The report provides a summary of OIG activity from April 1 through June 30, 2014.
Hundreds of thousands of city residents have chosen to get their electricity through the municipal aggregation program. But now many of those might want to opt out because of higher rates. Paris Schutz has more.
The city renowned for its architecture will host a global exhibit of architecture. Chicago officials announce a bold plan to hold a biennial international design and architecture exhibit in Chicago beginning next year. We'll tell you what and who's involved and what it might look like.
The city and ecologists are close to finishing Chicago's newest park – an ecologically diverse habitat on what was once Meigs Field. We'll talk to two planners involved with Northerly Island's transformation.
Breaking Down City's Proposal to Revamp Arts & Culture Scene
The city unveils a draft of its first cultural plan in 25 years. We talk with the woman behind this ambitious plan to boost Chicago's arts scene.
With the NATO conference less than a month away, Chicago officials and security consultants are attempting to quell lingering fears among community organizations about the upcoming summit.