News Feed

Municipal Bond Credit Report: Unemployment claims fell slightly last week but remained historically high, signaling layoffs continue as the coronavirus continues to hamper the economic recovery… Link to Story

Municipal Bond Credit Report: Chicago needs $2.7 billion to fully fund its five-year infrastructure maintenance needs and may need another $8 billion to $10 billion to replace the water enterprise…

Municipal Bond Credit Report: Airport executives are looking hopefully for future federal investment as they suffer serious revenue declines due to the coronavirus pandemic… Link to Story

Municipal Bond Credit Report: The U.S. economy picked up momentum this month as companies shook off the effects of the pandemic-induced downturn, though recoveries in other parts of the world…

Municipal Bond Credit Report: New York City faces a $9 billion deficit over the next two years, high levels of unemployment and the prospect of laying off 22,000 government workers…

Municipal Bond Credit Report: After the New York Metropolitan Transportation Authority rejected bids on $450.7 million of notes Tuesday and instead sold them to the Federal Reserve Bank, sources pondered…

Municipal Bond Credit Report: The Chicago Board of Education votes next week on an $8.4 billion budget as the district tries to navigate the COVID-19 pandemic’s toll on academics and…

Municipal Bond Credit Report: Teacher pension funds could be faced with a perfect storm if a wave of teacher retirements occur because of the COVID-19 pandemic… Link to Story

Municipal Bond Credit Report: Approval to reopen schools marks a credit-positive step in the economic recovery for New York City, New York State and the Metropolitan Transportation Authority, Moody’s Investors…

Municipal Bond Credit Report: Harvey, Illinois, gets a roughly two-year window to restructure debt under a court-approved consent decree with a group of bondholders that allows the city to keep…

Municipal Bond Credit Report: U.S. households boosted retail spending 1.2% in July, sending sales above pre-pandemic levels in a sign the economy continues to heal from the recession despite a…

Municipal Bond Credit Report: U.S. unemployment claims fell below one million last week for the first time since the coronavirus pandemic struck in March, as the deeply wounded labor market…