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Municipal Bond Credit Report: Chester, Pennsylvania, is broke, its state-appointed receiver says. This fact is not in dispute. Chester is one of the only two municipalities in the country with…

Municipal Bond Credit Report: Fitch Ratings and Moody’s Ratings downgraded Xavier University, a private Jesuit college in Cincinnati, to A-minus from A and to Baa1 from A3, respectively, last week.…

Municipal Bond Credit Report: Moody’s Ratings on Tuesday put the Chicago Board of Education on notice that it will watch the school district’s next steps after Chicago Mayor Brandon Johnson…

Municipal Bond Credit Report: As the people in the path of Hurricanes Helene and Milton continue to dig out from the damage, the municipal bond market continues to assess the…

Municipal Bond Credit Report: American shoppers and diners closed out the summer without much sign of cutbacks—fresh evidence of how strong consumer spending has helped insulate the economy from a…

Municipal Bond Credit Report: While Hurricane Helene could have short- and long-term impacts on government finances and the economy, observers say Florida’s hurricane catastrophe fund has sufficient funds to cover…

Municipal Bond Credit Report: Colorado’s metropolitan districts face constrained revenue growth due to flat or slightly falling property values, but their creditworthiness is likely to remain stable through 2025, according…

Municipal Bond Credit Report: Chicago released a budget forecast last week projecting that its corporate fund deficit will grow in upcoming years, jumping to $982.4 million in 2025 from $222.9…

Municipal Bond Credit Report: The Federal Reserve voted to lower interest rates by a half percentage point, opting for a bolder start in making its first reduction since 2020. The…

Municipal Bond Credit Report: Dallas will contribute $11 billion to its Police and Fire Pension System over 30 years under a plan approved Wednesday by the city council to comply…

Municipal Bond Credit Report: The Jackson Hospital & Clinic in Montgomery, Alabama, has named a chief restructuring officer in the aftermath of a bond payment default… Link to Story

Municipal Bond Credit Report: The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2024 is 2.1 percent on September 4, up from…