The broad advance was fueled by expectations that the Fed will start cutting interest rates in September.
If a recession comes soon, America’s state governments are better prepared than ever.
Illinois is pushing higher taxes on the rich in hopes of fixing its chronic deficits.
It still remains to be seen how much of the windfall will be recurring or if it’s a one-time bounty.
Illinois lawmakers moved a step closer to hiking taxes on the state’s highest-earners.
About 100 of the cars have gone missing, according to city police.
The state's failure to address its pension crisis is crippling the state and its cities, says one expert.
The state senate overrode Gov. Bruce Rauner’s veto to approve tax increases and the first full-year budget in two years.
Chicago plans to divest $25 million the city has invested after the Wells Fargo admitted to opening potentially millions of bogus client accounts.
The funds have been squeezed by rock-bottom payouts on fixed-income securities as stocks fall or stagnate.
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