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…
Municipal Bond Credit Report: Hiring increased in July for the third straight month, though overall gains have yet to restore half of the U.S. jobs lost due to the coronavirus…
Municipal Bond Credit Report: An increasing number of workers were unemployed for more than three months in July, a signal that the coronavirus pandemic is likely to have a lasting…
Municipal Bond Credit Report: Carbondale, Illinois — home of Southern Illinois University’s flagship campus — was slapped with a four-notch downgrade over budgetary and pension strains ahead of a $3.6…
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…
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