Municipal Bond Credit Report: U.S. existing-home prices posted their biggest year-over-year decline in more than 11 years last month as rising interest rates continued to weigh on the housing market……
Municipal Bond Credit Report: Treasury Secretary Janet Yellen said more banks will probably seek to merge this year as higher interest rates and recent banking turmoil are making it more…
Municipal Bond Credit Report: Facing projections its unfunded liability for retired city worker benefits like health care would balloon to about $9 billion over 30 years, Houston last week created…
Municipal Bond Credit Report: Illinois’ largest senior living retirement community has turned to bankruptcy court to manage an auction and sale process that will impact recovery rates for holders of…
Municipal Bond Credit Report: Federal officials have pledged resources to help Pennsylvania rebuild a busy section of Interstate 95 through Philadelphia that collapsed Sunday after a tanker truck caught fire……
Municipal Bond Credit Report: Federal Reserve officials agreed to hold interest rates steady after 10 consecutive increases but signaled they were prepared to raise rates next month if the economy…
Municipal Bond Credit Report: Struggling with declining enrollment, Oregon’s Portland State University had its outlook revised to negative by Moody’s Investors Service, affecting $193 million of outstanding debt… Link to…
Municipal Bond Credit Report: The San Francisco Bay Area Rapid Transit District, facing continued steep pandemic-driven ridership declines, received a two-notch downgrade on its general obligation bonds from S&P Global…
Municipal Bond Credit Report: An assisted-living complex for low-income senior residents in southern New Jersey has been struggling to make timely monthly loan payments… Link to Story
Municipal Bond Credit Report: Chicago’s new mayor, Brandon Johnson, is tasking a “working group” that includes his finance team and state legislative and labor representatives with finding long-term funding fixes…
Municipal Bond Credit Report: Hiring surged this spring, the latest sign the U.S. economy maintains momentum in the face of rising interest rates and complicating the Federal Reserve’s decision over…
Municipal Bond Credit Report: Chicago-based CommonSpirit Health’s third quarter financial results highlight the persistent strain inflation poses on not-for-profit hospital balance sheets, with cascading effects on borrowing plans and operational…
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