Municipal Bond Credit Report: Two rating agencies weighed in on a recent California Supreme Court ruling in a pension reform case that could have had wider ramifications for a series…
Municipal Bond Credit Report: Filings for jobless benefits fell last week to their lowest level since March, a sign layoffs eased somewhat as the labor market tries to recover from…
Municipal Bond Credit Report: The drop in tourism amid the coronavirus pandemic has resulted in a downgrade of Hawaii’s ratings by Moody’s Investors Service affecting $9 billion in outstanding debt…
Municipal Bond Credit Report: Urban office markets and other commercial real estate in major cities are experiencing their worst stretch in decades, upended by the pandemic, changes in work behavior…
Municipal Bond Credit Report: Public pension funds set a 22-year performance record in the second quarter, recovering some but not all of their losses from the first quarter… Link to…
Municipal Bond Credit Report: The economy contracted at a record rate last quarter and July setbacks for the jobs market added to signs of a slowing recovery as the country…
Municipal Bond Credit Report: A municipal bonding bill approved by New Jersey lawmakers Thursday that would enable local governments to borrow to offset some revenue losses driven by the COVID-19…
Municipal Bond Credit Report: The Federal Reserve said the U.S. economy faced major challenges from the coronavirus pandemic and reiterated its pledge to take aggressive action to support an eventual…
Municipal Bond Credit Report: As House Democrats and Senate Republicans negotiate another round of coronavirus financial aid, experts and state and local officials are making the case that only the…
Municipal Bond Credit Report: Florida finished fiscal 2020 with a nearly $2 billion loss in the state’s general revenue fund because of the COVID-19 pandemic… Link to Story
Municipal Bond Credit Report: A slump in New Jersey Lottery revenues adds stress to the state’s already struggling pension system… Link to Story
Municipal Bond Credit Report: Under budget pressure from the COVID-19 pandemic, Colorado lawmakers withheld a $225 million contribution to the state’s pension plan for the current fiscal year, a decision…
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