Kansas Retirement System Woes Moody’s Investors Service has given $1 billion in pension obligation bonds proposed by KANSAS an Aa3 rating, a notch below the state’s current overall rating. The Wall Street rating company said the bonds would do little to solve the financial problems with...

Chicago to Consider Airbnb fee Chicago Mayor Rahm Emanuel has proposed an ordinance that would impose a 2-percent surcharge on home-sharing and vacation rentals like those offered through services like Airbnb and VRBO. The proposal also seeks to require home-sharing hosts to register with the city...