Municipal Bond Credit Report: Trend or outlier? Reactions as New York MTA taps Fed program
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: Chicago Public Schools’ fiscal prospects hinge on state and feds
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: A wave of teacher retirements could impact pension funds
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: School reopenings credit positive for NYC, state, says Moody’s
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 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…
