Municipal Bond Credit Report: Court rules power agreement between Florida and Georgia utilities is valid
Municipal Bond Credit Report: A federal judge affirmed the validity of the power purchase agreement between Georgia’s joint action agency, MEAG Power, and JEA, the municipal utility owned by Jacksonville,…
Municipal Bond Credit Report: Fed Chair Powell ‘confident’ of full recovery
Municipal Bond Credit Report: The recovery has begun, but it will take time for the economy to return to pre-pandemic levels, Federal Reserve Chair Jerome Powell testified before the Senate…
Municipal Bond Credit Report: Fed chairman cites importance of state, local government aid
Municipal Bond Credit Report: Federal Reserve Chairman Jerome Powell is telling Congress that federal aid to state and local governments deserves their attention… Link to Story
Municipal Bond Credit Report: U.S. Initial Jobless Claims Edge Down to 1.5 Million in Latest Week
Municipal Bond Credit Report: Workers filed 1.5 million new unemployment claims last week and 20.5 million people received benefits, signs the pace of layoffs remained high but was stabilizing… Link…
Municipal Bond Credit Report: Americans Skip Millions of Loan Payments as Coronavirus Takes Economic Toll
Municipal Bond Credit Report: Americans have skipped payments on more than 100 million student loans, auto loans and other forms of debt since the coronavirus hit the U.S., the latest…
Municipal Bond Credit Report: How Exactly Do You Catch Covid-19? There Is a Growing Consensus
Municipal Bond Credit Report: Six months into the coronavirus crisis, there’s a growing consensus about a central question: How do people become infected?.. Link to Story
Municipal Bond Credit Report: Revenue losses coming into focus for cities, states, transit systems
Municipal Bond Credit Report: State and local governments that rely on sales tax to maintain services are beginning to get a clearer picture of how deeply they must cut after…
Municipal Bond Credit Report: U.S. Retail Sales Rose Record 18% in May
Municipal Bond Credit Report: Renewed shopping drove a record 17.7% increase in retail sales in May, though total spending remained below levels before coronavirus… Link to Story
Municipal Bond Credit Report: The Data Are In: It’s Time for Major Reopening
Municipal Bond Credit Report: Early in the Covid-19 pandemic, an influential economic analysis from the University of Chicago concluded that the likely benefits of moderate social distancing would greatly exceed…
Municipal Bond Credit Report: Fed Outlines Proposal to Lend Money to Nonprofits
Municipal Bond Credit Report: The Federal Reserve outlined a proposal Monday to include nonprofit organizations in its previously introduced $600 billion lending program for small and midsize businesses disrupted by…
