Illinois says it's already facing a $267 million budget shortfall. Crain’s reporter John Pletz discusses with host Amy Guth.

Plus: Chicago auditor BDO cuts jobs under pressure from Apollo debt and client's collapse, Metra to increase fares to plug budget gap, cash-strapped CPS taps $200 million from credit line, Magnetar sold $1.9 billion in CoreWeave shares as insiders and investors started cashing in.

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