S&P pushes credit rating for Chicago schools deeper into junk

CHICAGO (Reuters) - S&P Global Ratings on Wednesday dropped its credit rating for the cash-strapped Chicago Public Schools (CPS) deeper into junk ahead of the district's planned $426.3 million bond sale.

from Reuters: U.S. http://www.reuters.com/article/us-chicago-education-ratings-idUSKBN1343GA?feedType=RSS&feedName=domesticNews