Municipal Bond Credit Report: Puerto Rico’s Plan of Adjustment went into effect Tuesday as did the restructuring of $33 billion of bonds, with bondholders and bond insurers beginning to receive…
Municipal Bond Credit Report: New applications for unemployment benefits edged lower last week, remaining near historically low levels in a robust U.S. labor market… Link to Story
Municipal Bond Credit Report: Federal Reserve officials voted Wednesday to lift interest rates and penciled in six more increases by year’s end, the most aggressive pace in more than 15…
Municipal Bond Credit Report: Sales of previously owned homes declined in February as rising mortgage-interest rates and a shortage of homes for sale made it difficult for buyers to compete……
Municipal Bond Credit Report: Regulators are carrying out a sweeping investigation of conflicts of interest at the nation’s largest accounting firms, asking whether consulting and other nonaudit services they sell…
Municipal Bond Credit Report: Just as the U.S. economy appeared to be recovering from pandemic-induced shocks, the Russia-Ukraine war has injected a sense of uncertainty and risk for the U.S.…
Municipal Bond Credit Report: Detroit plans to ask the federal bankruptcy court to intervene in pension fund actions that will add to budget strains when post-Chapter 9 contributions resume in…
Municipal Bond Credit Report: Detroit’s post-Chapter 9 fiscal progress despite the COVID-19 pandemic’s revenue blows drew an upgrade from Moody’s Investors Service that moves the city two notches away from…
Municipal Bond Credit Report: Rising energy, food and services prices pushed already elevated U.S. inflation to a 7.9% annual rate last month—another four-decade high—with oil and commodity market disruptions from…
Municipal Bond Credit Report: From the Russian Revolution to Vietnam, war has been a reliable precursor to inflation. History may be about to repeat as Russia’s invasion of Ukraine tilts…
Municipal Bond Credit Report: Moody’s Investors Service upgraded New Jersey to A2 from A3 Wednesday… Link to Story
Municipal Bond Credit Report: Chicago Public Schools drew an upgrade from Moody’s Investors Service Thursday as a flood of federal relief and rising state aid levels have buoyed the district’s…
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