Municipal Bond Credit Report: U.S. Initial Unemployment Claims Edged Lower in Latest Week
Municipal Bond Credit Report: New applications for unemployment benefits edged down last week and the number receiving payments fell to the lowest level since mid-April, signs the labor market is…
Municipal Bond Credit Report: For Pensions, Valuing Real Estate Is Tough. Covid-19 Brings New Hurdles
Municipal Bond Credit Report: Public pension funds invested in malls, apartments and offices over the last decade in search of higher returns. Now they are grappling with how much those…
Municipal Bond Credit Report: North Dakota’s temporary closure of a county jail over death triggers rating review
Municipal Bond Credit Report: The state-ordered temporary closure of a North Dakota county’s debt-financed jail for procedural violations — that came to light after the death of a person in…
Municipal Bond Credit Report: Recession Forces Spending Cuts on States, Cities Hit by Coronavirus
Municipal Bond Credit Report: State and local governments from Georgia to California are cutting money for schools, universities and other services as the coronavirus-induced recession wreaks havoc on their finances……
Municipal Bond Credit Report: Covid Still Poses Challenges for Financial System, Fed’s Quarles Says
Municipal Bond Credit Report: Global policy makers responded decisively to the coronavirus outbreak earlier this year but the financial system isn’t out of the woods yet, a top Federal Reserve…
Municipal Bond Credit Report: Layoffs Fell in May to Pre-Coronavirus Levels
Municipal Bond Credit Report: The number of Americans dismissed from their jobs fell sharply in May to match levels recorded before the coronavirus pandemic and related shutdowns caused widespread layoffs……
Municipal Bond Credit Report: New Coronavirus Surges Slow Economic Recovery
Municipal Bond Credit Report: The nation’s fledgling economic recovery is losing momentum, as a new wave of coronavirus infections causes businesses to scale back or reshutter in several big states…
Municipal Bond Credit Report: U.S. Treasury Reaches Loan Agreements With Five Major Airlines
Municipal Bond Credit Report: The U.S. Treasury Department has agreed to terms for loans to American Airlines Group Inc. and four smaller airlines as part of an aid program to…
Municipal Bond Credit Report: Rating agency choice scrutinized in audit of a California school district
Municipal Bond Credit Report: A recent audit by a California agency raised questions about a San Diego-area school district’s decision to choose a rating agency with criteria likely to result…
Municipal Bond Credit Report: Judge’s ruling slams door on Puerto Rico revenue bondholders
Municipal Bond Credit Report: Puerto Rico bankruptcy Judge Laura Taylor Swain rejected three related claims of bondholder liens on broad categories of commonwealth revenues, likely resulting in nearly $7 billion…
