Municipal Bond Credit Report: U.S. consumer spending plunged 7.5% in March, reflecting the growing impact of the coronavirus pandemic as Americans complied with stay-at-home orders. The Commerce Department said that…

Municipal Bond Credit Report: From Texas and Wyoming to North Dakota, smaller companies are concluding it is better to keep oil in the ground after prices crashed. Small U.S. oil…

Municipal Bond Credit Report: First-time filings for unemployment insurance hit 3.84 million last week as the wave of economic pain continues, though the worst appears to be in the past,…

Municipal Bond Credit Report: Senate Majority Leader Mitch McConnell told Republican lawmakers on a private call that he wants to shield companies from liability over pandemic-related suits and doesn’t support…

Municipal Bond Credit Report: House Ways and Means Committee Chairman Richard Neal reaffirmed Wednesday his support for reinstating Build America Bonds and the use of private activity bonds as part…

Municipal Bond Credit Report: A financial hit from the COVID-19 pandemic added to already strained finances has dragged Niagara Falls, New York, to the verge of junk status… Link to…

Municipal Bond Credit Report: Senate Majority Leader Mitch McConnell’s suggestion last week that he’d rather let states go bankrupt than see Congress rescue their coronavirus-decimated budgets raises the question: What…

Municipal Bond Credit Report: New Zealand imposed one of the strictest lockdowns in the world, aiming to stamp out the new coronavirus. Australia took a different approach, adopting social-distancing restrictions…

Municipal Bond Credit Report: Treasury Secretary Steven Mnuchin said states that had poorly managed budgets before the Covid-19 outbreak sent their economies reeling should not be rescued by the federal…

Municipal Bond Credit Report: The number of coronavirus-related unscheduled draws on reserves doubled over the last week, the Municipal Securities Rulemaking Board reported… Link to Story