News Feed

Municipal Bond Credit Report: While the economic loss from Hurricane Idalia will be counted in the billions of dollars, it could have been a lot worse as it pales in…

Municipal Bond Credit Report: Home prices aren’t falling anymore. After declining on a year-over-year basis for five consecutive months—the longest run of declines in 11 years—U.S. home prices rose in…

Municipal Bond Credit Report: Five years almost to the day since bondholders sued Harvey, Illinois, over a payment default, the litigation concluded Tuesday with court approval of a settlement that…

Municipal Bond Credit Report: California’s late audited financial statements continue to be a topic of discussion for agencies rating the state’s bonds… Link to Story

Municipal Bond Credit Report: A senior-living company filed for bankruptcy last week after it exhausted an emergency loan, the latest to falter because of Covid-19. .. Link to Story

Municipal Bond Credit Report: Moody’s Investors Service raised North Broward Hospital District, Florida’s revenue bonds to Baa1 from Baa2 and revised its outlook to stable from positive… Link to Story

Municipal Bond Credit Report: Moody’s Investors Service raised the rating for Cook County, Illinois, a notch to A1 with a stable outlook, citing its accumulation of “sound” reserves, along with…

Municipal Bond Credit Report: A bankrupt California hospital will receive a $10 million loan from a new state program to aid troubled providers… Link to Story

Municipal Bond Credit Report: Mortgage rates pushed to a fresh two-decade high this week, making it tougher for the housing market to emerge from its stark slowdown… Link to Story

Municipal Bond Credit Report: Federal Reserve Chair Jerome Powell cautioned that past interest-rate increases had yet to fully slow the economy, an argument for holding rates steady for now, even…

Municipal Bond Credit Report: Annual tax revenue collection in Massachusetts fell by 4.7% in fiscal year 2023, the State Department of Revenue announced in its yearly report released Friday… Link…

Municipal Bond Credit Report: A plastics recycling plant in Ohio that company officials promise will “change the landscape of recycling” has launched initial operations after years of construction delays that…