Municipal Bond Credit Report: Fed Opens Lending Program for New Issuance of Corporate Debt
Municipal Bond Credit Report: The Federal Reserve formally opened Monday its $500 billion lending program to support issuance of new debt by large corporations, the last of nine emergency programs…
Municipal Bond Credit Report: Fed Chairman Says Economy Faces New Challenges From Coronavirus
Municipal Bond Credit Report: Federal Reserve Chairman Jerome Powell told lawmakers Tuesday that the reopening of the U.S. economy and recent upturn in spending and hiring came sooner than central…
Municipal Bond Credit Report: Fed Keeps Options Open on Yield Caps but Looks to Other Tools First
Municipal Bond Credit Report: The Federal Reserve is unlikely to cap short-term Treasury yields as part of its initial package of economic stimulus measures, instead reserving the option to cap…
Municipal Bond Credit Report: The State Pension Funding Gap- 2018
Municipal Bond Credit Report: At $1.24 trillion, the 50-state pension funding gap—the difference between a state retirement system’s assets and its liabilities—improved slightly in 2018 primarily due to strong investment…
Municipal Bond Credit Report: U.S. Initial Unemployment Benefits Steady at 1.5 Million in June
Municipal Bond Credit Report: The number of workers seeking jobless benefits has held steady at about 1.5 million each week so far in June, signaling a slow recovery for the…
Municipal Bond Credit Report: U.S. Consumer Spending Rebounded in May, but Virus Surge Poses Economic Threat
Municipal Bond Credit Report: Americans increased spending at a record pace in May, helping the economy dig out of a severe recession, but a new rise in virus infections threatens…
Municipal Bond Credit Report: Coronavirus Job and Death Toll Is Widespread in Michigan: ‘We are Talking About a Very Deep Hole’
Municipal Bond Credit Report: Bad news has piled up in Muskegon County along Lake Michigan’s eastern shore in recent months, from canceled summer festivals and tour boat visits to layoffs…
Municipal Bond Credit Report: IMF Downgrades Already-Glum Economic Outlook Due to Coronavirus Crisis
Municipal Bond Credit Report: Economists at the International Monetary Fund now say the global economy will contract even more sharply than they expected in estimates released in April, which called…
Municipal Bond Credit Report: San Francisco’s outlook revised to negative by Moody’s
Municipal Bond Credit Report: The outlook on the city and county of San Francisco, California, was revised by Moody’s Investors Service to negative from stable as a result of heightened…
Municipal Bond Credit Report: Missouri county, bond trustee argue over enforceability of payment pledge
Municipal Bond Credit Report: A debate about the legal enforceability of a Missouri county’s pledge to cover shortfalls on a $32 million industrial development bond issue is being waged before…
