Municipal Bond Credit Report: Cook County gets rating boost from Moody’s
Municipal Bond Credit Report: Moody’s Investors Service raised the rating for Cook County, Illinois, a notch to A1 with a stable outlook, citing its accumulation of “sound” reserves, along with…
Municipal Bond Credit Report: California announces loan awards for distressed hospitals
Municipal Bond Credit Report: A bankrupt California hospital will receive a $10 million loan from a new state program to aid troubled providers… Link to Story
Municipal Bond Credit Report: Mortgage Rates Hit 7.23%, Highest Since 2001
Municipal Bond Credit Report: Mortgage rates pushed to a fresh two-decade high this week, making it tougher for the housing market to emerge from its stark slowdown… Link to Story
Municipal Bond Credit Report: Powell Says Fed Will ‘Proceed Carefully’ on Any Further Rate Rises
Municipal Bond Credit Report: Federal Reserve Chair Jerome Powell cautioned that past interest-rate increases had yet to fully slow the economy, an argument for holding rates steady for now, even…
Municipal Bond Credit Report: Massachusetts records year-over-year revenue dip
Municipal Bond Credit Report: Annual tax revenue collection in Massachusetts fell by 4.7% in fiscal year 2023, the State Department of Revenue announced in its yearly report released Friday… Link…
Municipal Bond Credit Report: Plastic recycling company’s Ohio plant is on track after default designation
Municipal Bond Credit Report: A plastics recycling plant in Ohio that company officials promise will “change the landscape of recycling” has launched initial operations after years of construction delays that…
Municipal Bond Credit Report: Municipal debt of Hawaiian Electric falls after deadly Maui wildfire
Municipal Bond Credit Report: Municipal bonds sold by a unit of Hawaiian Electric Industries, which operates the utility that serves Maui, are plunging amid scrutiny over the company’s possible role…
Municipal Bond Credit Report: Latest estimate: 5.8 percent — August 16, 2023
Municipal Bond Credit Report: The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2023 is 5.8 percent on August 16, up from…
Municipal Bond Credit Report: S&P backs down from ESG scores critics called ‘confusing’
Municipal Bond Credit Report: S&P Global Ratings’ announcement it will not release new or updated environmental, social, and governance credit indicators in public finance comes amid confusion over their impact…
Municipal Bond Credit Report: Iowa hospital seeks bankruptcy to implement acquisition plan
Municipal Bond Credit Report: An Iowa hospital filed for Chapter 11 bankruptcy this week, blocking a move by its largest bondholder to seek a court-appointed receiver and the immediate payment…
