News Feed

Municipal Bond Credit Report: Existing-home sales, which rose in November to the highest seasonally adjusted annual rate since January, are on track for their strongest year since 2006 as low…

Municipal Bond Credit Report: Worker filings for unemployment benefits hovered at the lowest level in more than half a century last week as a strong labor market kept layoffs low,…

Municipal Bond Credit Report: Consumer spending rose more slowly in November, raising risks of a broader economic slowdown amid the latest wave of Covid-19 cases… Link to Story

Municipal Bond Credit Report: Harvey, Illinois, believes it can meet a June bondholder settlement deadline to restructure defaulted debt even as work continues to resolve litigation its long been mired…

Municipal Bond Credit Report: Retail sales rose modestly at the start of the holiday season, as shoppers faced rising inflation and supply shortages, and some snapped up gifts earlier… Link…

Municipal Bond Credit Report: Most Federal Reserve officials signaled Wednesday they were prepared to raise their short-term benchmark rate at least three times next year to cool high inflation… Link…

Municipal Bond Credit Report: The Port Authority of New York and New Jersey received a boost from the capital markets when Moody’s Investors Service changed its outlook to stable from…

Municipal Bond Credit Report: Minnesota expects a $7.7 billion surplus in its current two-year budget, a dramatic turnaround from a year ago when red ink driven by the pandemic’s anticipated…

Municipal Bond Credit Report: Last April, economists thought inflation would be around 2.5% right now. Instead, it’s over 6%. Even by the forgiving standards of economic forecasting, that’s a miss…

Municipal Bond Credit Report: Worker filings for unemployment benefits hit the lowest level in more than half a century last week as a tight labor market keeps layoffs low… Link…

Municipal Bond Credit Report: Government tax revenues in rich countries rose as a share of economic output in 2020, as job losses were concentrated in low-wage employment and high-income jobs…

Municipal Bond Credit Report: Babson’s conservative approach to debt management has generated rating upgrades from Moody’s Investors Service and S&P Global Ratings… Link to Story