Municipal Bond Credit Report: News stories often describe the coronavirus-induced global economic downturn as the worst since the Great Depression… Link to Story
Municipal Bond Credit Report: Until recently, many policy makers and corporate executives were hoping for a V-shaped economic recovery from the coronavirus pandemic: a short, sharp collapse followed by a…
Municipal Bond Credit Report: Federal Reserve officials are unlikely to consider using negative interest rates to stimulate economic growth in the current coronavirus-induced downturn after concluding the tool’s clear costs…
Municipal Bond Credit Report: April gross receipts to the Oklahoma treasury fell more than half a billion dollars as the coronavirus pandemic disrupted the state economy, Treasurer Randy McDaniel said…
Municipal Bond Credit Report: Minnesota must close a $2.4 billion budget hole after the COVID-19 pandemic put an end to the state’s long streak of budget surpluses… Link to Story
Municipal Bond Credit Report: Support is building in the House and Senate for direct federal aid to counties and municipalities in addition to separate funding for states to address their…
Municipal Bond Credit Report: New Orleans plans to borrow money to help close a budget gap caused by the city’s response to the COVID-19 pandemic, which has caused lost revenue…
Municipal Bond Credit Report: The COVID-19 pandemic amounted to a cumulative $1.44 billion daily revenue loss for hospitals between March and mid-April , according to reports from healthcare advocacy and…
Municipal Bond Credit Report: The impact of the coronavirus-induced economic shutdown tore through the U.S. labor market in April at historic levels, slashing 20.5 million workers from nonfarm payrolls and…
Municipal Bond Credit Report: The April unemployment rate rose to a record 14.7% and payrolls dropped by an unprecedented 20.5 million as the coronavirus pandemic hit the economy… Link to…
Municipal Bond Credit Report: California Supreme Court justices peppered attorneys with questions during oral arguments Tuesday in a case that has the potential to upend precedent about how public pensions…
Municipal Bond Credit Report: Alaska’s issuer default rating was downgraded to A-plus from AA-minus by Fitch Ratings Thursday, affecting nearly $2 billion in debt… Link to Story
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