Municipal Bond Credit Report: Harvey, Illinois, gets two years to refinance defaulted bonds
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. July Retail Sales Increased 1.2% Even as Coronavirus Cases Rose
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: Weekly Unemployment Claims Drop Below One Million for First Time Since March
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: Unemployment Rate Fell to 10.2% in July, U.S. Employers Added 1.8 Million Jobs
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: Covid-19 Pandemic Triggers Wave of Long-Term Unemployment
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: Southern Illinois city takes four-notch rating hit over over budget strains
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: Rating agencies weigh in on California Supreme Court pension ruling
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: U.S. Jobless Claims Fell to 1.2 Million in Aug. 1 Week
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…
Municipal Bond Credit Report: Moody’s downgrades Hawaii ratings ahead of bond sale
Municipal Bond Credit Report: The drop in tourism amid the coronavirus pandemic has resulted in a downgrade of Hawaii’s ratings by Moody’s Investors Service affecting $9 billion in outstanding debt…
Municipal Bond Credit Report: Office Markets Under Pressure as Coronavirus Squeezes Cities
Municipal Bond Credit Report: Urban office markets and other commercial real estate in major cities are experiencing their worst stretch in decades, upended by the pandemic, changes in work behavior…
