Federal Reserve Chair Jay Powell cut rates by 50 basis points, but the bond market didn’t buy his explanation.

The first extensive public look at next year’s state finances contains a warning to lawmakers from the governor’s office: ...

Chicago Mayor Brandon Johnson’s 2025 budget proposes a nearly $1 billion deficit. High personnel and pension costs have ...

In an interview with Pensions & Investments on Nov. 6, the day Donald Trump was declared president-elect, Tropin discussed ...

“This budget currently includes a property tax increase of $300 million to fund and keep our commitment ... outlined the ...

Mayor Brandon Johnson proposed a record tax increment financing surplus for a second consecutive year. But that’s far less ...

Chicago was facing an estimated deficit of $982 million in ... imposed on the city to cover its unfunded pension liability. For instance, corporate fund revenue is projected to be just $5.179 ...

Chicago Mayor Brandon Johnson delivered his 2025 budget Oct. 30, including a nearly $1 billion deficit, runaway spending and ...

To inform voters, the Chicago Tribune education team posed a series of questions to the candidates running for Chicago’s ...

CT pension funds picked up an extra $6.7B in 2023-24 ... Rising pension contribution costs were big factors behind the big tax hikes and state budget deficits of the 2010s. Carol Platt Liebau, ...

An investment reserve fund set up using profits from the Mineworkers’ Pension Scheme in 1992, to provide a buffer in case it went into deficit, was due to be returned to government in 2029. The fund, ...

In a writ petition concerning the centralised provident fund scheme for staff at deficit-aided schools and colleges in ... Meghalaya Non-Government School and College Central Serial Pension and ...