Quinn Balks at Illinois’ Fresh Interest Rate

Gov. Pat Quinn’s administration delayed Wednesday’s planned sale of $500 million in construction bonds, saying a recent credit downgrade because of inaction on government worker pension reform left the market “unsettled.” The decision was made...

Credit Ratings for States

So I just posted the Illinois is now worse that California (those of us here could have told you that two years ago.)  But I’ll bet all of you have been wondering, “Well what states have good credit ratings?”  Yes, yes.  I was wondering too.  See...

Illinois Unemployment at 9.1%

Unemployment across Illinois rose to 9.1 percent in August, the third straight month of increases in the state, the Illinois Department of Employment Security said Thursday. … Unemployment in July was 8.9 percent. Increases in the unemployment rate in June, July...

Illinois 3rd in Foreclosures Nationally

This is embarrassing: Foreclosures starts in Illinois are on par with those in other areas but the state’s court-supervised foreclosure system continues to bog down properties in the process. Almost 7.5 percent of all one-to-four-unit mortgage loans in Illinois...