Municipal Bond Credit Report: St. Louis-based Mercy Health takes rating hits ahead of new money deal
Municipal Bond Credit Report: St. Louis-based Mercy Health system took two rating hits over its rising debt levels and strained balance sheet metrics as it readies a $354 million borrowing…
Municipal Bond Credit Report: Milwaukee’s budget and rating reckoning arrives
Municipal Bond Credit Report: Milwaukee’s proposed $1.5 billion 2021 budget trims police ranks and raises some taxes and fees to address mounting budget pressures that were underscored by a two-notch…
Municipal Bond Credit Report: U.S. Economy Continues Steady Recovery in September, Business Surveys Show
Municipal Bond Credit Report: The U.S. economy in September continued its steady recovery from the sharp declines in the second quarter as demand and output strengthened, according to new business…
Municipal Bond Credit Report: U.S. Unemployment Claims Hold Steady at 870,000
Municipal Bond Credit Report: Unemployment claims held steady at a historically high 870,000 last week, suggesting the labor market continues to slowly recover from the coronavirus pandemic… Link to Story
Municipal Bond Credit Report: CCP announces plan to take control of China’s private sector
Municipal Bond Credit Report: Chinese President Xi Jinping and the Communist Party’s Central Committee have laid out a plan for a ‘new era’ in which the party has better control…
Municipal Bond Credit Report: West Coast’s massive wildfires put new pressure on state, local budgets
Municipal Bond Credit Report: Dozens of deadly wildfires raging across California, Oregon and Washington could also pose a risk to state and local budgets already struggling under the weight of…
Municipal Bond Credit Report: Lower reserves, coronavirus give Buffalo a second downgrade in a year
Municipal Bond Credit Report: Diminished reserve levels that were compounded by the COVID-19 pandemic drove Buffalo’s second credit downgrade in a one-year span… Link to Story
Municipal Bond Credit Report: Fed to Propose Overhaul of Lending Rules for Poorer Communities
Municipal Bond Credit Report: The Federal Reserve was set Monday to take an initial step to rewrite rules for hundreds of billions of dollars in lending in lower-income neighborhoods… Link…
Municipal Bond Credit Report: U.S. Unemployment Claims Held Steady at 860,000 Last Week
Municipal Bond Credit Report: The labor market’s recovery is showing fresh signs of losing momentum as persistently elevated applications for unemployment benefits show layoffs remain historically high despite summer hiring……
Municipal Bond Credit Report: Pandemic adds billions in deficits to Florida’s budget
Municipal Bond Credit Report: Forecasters believe the state will have $3.4 billion less revenue than anticipated to support the state’s general fund this fiscal year due to the severe effects…
