News Feed

Municipal Bond Credit Report: April gross receipts to the Oklahoma treasury fell more than half a billion dollars as the coronavirus pandemic disrupted the state economy, Treasurer Randy McDaniel said…

Municipal Bond Credit Report: Minnesota must close a $2.4 billion budget hole after the COVID-19 pandemic put an end to the state’s long streak of budget surpluses… Link to Story

Municipal Bond Credit Report: Support is building in the House and Senate for direct federal aid to counties and municipalities in addition to separate funding for states to address their…

Municipal Bond Credit Report: New Orleans plans to borrow money to help close a budget gap caused by the city’s response to the COVID-19 pandemic, which has caused lost revenue…

Municipal Bond Credit Report: The COVID-19 pandemic amounted to a cumulative $1.44 billion daily revenue loss for hospitals between March and mid-April , according to reports from healthcare advocacy and…

Municipal Bond Credit Report: The impact of the coronavirus-induced economic shutdown tore through the U.S. labor market in April at historic levels, slashing 20.5 million workers from nonfarm payrolls and…

Municipal Bond Credit Report: The April unemployment rate rose to a record 14.7% and payrolls dropped by an unprecedented 20.5 million as the coronavirus pandemic hit the economy… Link to…

Municipal Bond Credit Report: California Supreme Court justices peppered attorneys with questions during oral arguments Tuesday in a case that has the potential to upend precedent about how public pensions…

Municipal Bond Credit Report: Alaska’s issuer default rating was downgraded to A-plus from AA-minus by Fitch Ratings Thursday, affecting nearly $2 billion in debt… Link to Story

Municipal Bond Credit Report: Unemployment in California will hit 18% this year and the state will grapple with a $54.3 billion hole in its budget caused by the coronavirus-induced recession,…

Municipal Bond Credit Report: House Democrats are putting the finishing touches on their next legislative response to the coronavirus pandemic, a package that will propose another massive round of aid…

Municipal Bond Credit Report: The nation’s bankruptcy industry is bracing for a wave of business collapses triggered by the coronavirus pandemic as its ranks have been thinned by a decade…