Municipal Bond Credit Report: A state-approved pension enhancement for some Chicago firefighters adds $180 million to the fund’s existing $5.29 billion of unfunded liabilities and $16 million to $17 million…
Municipal Bond Credit Report: Rising inflation and the spread of the Omicron variant dented household spending, a key engine of economic growth, headed into 2022… Link to Story
Municipal Bond Credit Report: The Federal Reserve’s decision to end its era of easy money is rippling through the mortgage market, driving up the cost of buying a home. ..…
Municipal Bond Credit Report: The University of Michigan’s healthy balance sheet puts it in a strong fiscal position to manage the cost of a $490 million legal settlement for abuse…
Municipal Bond Credit Report: Illinois would extend two pension buyout programs by two years funded by $1 billion in additional borrowing authority under legislation being advanced during the current session……
Municipal Bond Credit Report: This winter’s epic snowfall in California’s mountains has been a bonanza for skiers, but it doesn’t mean the state can call an end to an even…
Municipal Bond Credit Report: Filings for jobless claims increased at the start of the year as businesses contended with Omicron-related disruptions and adjusted workforces following the holiday hiring season… Link…
Municipal Bond Credit Report: Numerous states are proposing tax rebates and bonuses for public workers as the fiscal doldrums of early 2021 give way to fat times fueled by booming…
Municipal Bond Credit Report: The pace of economic growth both in the U.S. and globally is likely to decline more sharply than previously expected, the International Monetary Fund says in…
Municipal Bond Credit Report: U.S. retail spending and manufacturing slowed at the end of 2021 as the Covid-19 Omicron variant and inflation surged, early signs the latest complications from the…
Municipal Bond Credit Report: Texas and Arizona have joined two other states in recovering all the jobs they lost at the start of the Covid-19 pandemic, leading a trend that…
Municipal Bond Credit Report: North Las Vegas, Nevada, received a two-notch bump from Fitch Ratings Wednesday to BBB-plus from BBB-minus furthering the city’s upward ratings trend that began in 2018……
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