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CNBC's Rick Santelli breaks down the worst underfunded pension in the country in Illinois.
Wider efforts to rebuild America's deeply depressed cities can't succeed until public safety is restored.
Even struggling metros are having success in attracting investment. In the process, they are creating a virtuous cycle of creativity.
These sunshine cities have focused their efforts on developing new industry niches to strengthen their local economies and promote future growth.
The ebbing economic tide from the Great Recession revealed some of the worst swindles in municipal finance in decades.
Detroit's bankruptcy, and rumblings about tax overhaul, have fueled a big sell off in the municipal bond market. What's next?
Visit any American city and it doesn't take a whole lot of imagination to see where its greatness came from—however faded it may seem to be.
Chattanooga has made a comeback over the last 5 years thanks to investing in high-speed broadband. In the process, it has wooed $4 billion in foreign investment.
Interest rate swaps - sold as a way to save money on public financing - have turned into municipal bombs.
The head of the National Urban League outlines a plan to close the economic divide that's crippling U.S. cities.
SAC Capital Advisors will shut down its London office by the end of the year as the hedge fund downsizes, according to a memo sent to staff on Tuesday.
New York and Illinois court rulings on 'Amazon taxes' may head to the U.S. Supreme Court to settle questions about the taxing online retail sales.
Millions of recipients, disabled veterans and federal retirees can expect historically small increases in their benefits come January.
Big data has been used for a variety of things, but its latest use might be its most strange yet: The hunt for Bigfoot.
Gov. Patrick Quinn (D-IL) joins CNBC's Rick Santelli to discuss pension reform in Illinois as lawmakers struggle to come up with a plan.
With one foot out the door, Rose’s Wheat Free Bakery and Café in Chicago was saved by Marcus Lemonis, a serial entrepreneur who took a chance on the niche business.
Goldman Sachs experienced a trading glitch that caused a huge batch of erroneous trades Tuesday. Many may be canceled but the snafu could still cost Goldman upwards of $100 million.
People in Illinois do not know how much their health care will cost come October 1, and reports say energy production from fracking is rising even faster than experts predicted. Blake Zeff, Salon.com, and Republican strategist Noelle Nikpour, discuss. Also, is a law to protect children of celebrities a waste of time?
Anthony Martin, who's 47-years old, was handcuffed, locked inside a casket, then thrown out of a plane. CNBC's Tyler Mathisen reports he was able to unlock the casket, open his parachute and land safely.
New Jersey’s standing in America's Top States for Business has declined since Gov. Chris Christie took office in 2010. It finishes 42nd this year.