Municipal Bond Credit Report: Jobs Report Keeps Fed on Track to Raise Rates in July
Municipal Bond Credit Report: The solid June jobs report is likely to leave the Federal Reserve on course to raise interest rates to a 22-year high later this month to…
Municipal Bond Credit Report: Pension risk meter on the rise for Chicago and Illinois, reports warn
Municipal Bond Credit Report: Pension funding-related threats to Chicago and Illinois’ fiscal health are on the rise, reports published this week warn… Link to Story
Municipal Bond Credit Report: Alarm bells rise over Chicago Public Schools’ future budget gaps
Municipal Bond Credit Report: Chicago Public Schools’ looming fiscal cliff cast a long shadow over the board’s approval Wednesday of a fiscal 2024 budget balanced with the help of the…
Municipal Bond Credit Report: U.S. Economy Shows Surprising Vigor in First Half of 2023
Municipal Bond Credit Report: Fresh signs of labor market strength reinforced a picture of an economy with broad-based momentum despite rising interest rates… Link to Story
Municipal Bond Credit Report: U.S. Home Prices Posted First Annual Decline Since 2012 in April
Municipal Bond Credit Report: Home prices posted their first year-over-year price decline in 11 years in April, as higher mortgage rates made home purchases more expensive for buyers… Link to…
Municipal Bond Credit Report: American Dream mall contractor sues JPMorgan for unpaid work
Municipal Bond Credit Report: The construction manager for the beleaguered American Dream mall and entertainment complex in New Jersey’s Meadowlands is suing JPMorgan Chase & Co. to recover more than…
Municipal Bond Credit Report: New default for a twice-bankrupt Illinois senior living facility
Municipal Bond Credit Report: Holders of restructured bonds of the Clare Oaks senior living community in Illinois are giving the facility some breathing room and funds to support capital needs…
Municipal Bond Credit Report: Higher Interest Rates Hit Home Prices Again
Municipal Bond Credit Report: U.S. existing-home prices posted their biggest year-over-year decline in more than 11 years last month as rising interest rates continued to weigh on the housing market……
Municipal Bond Credit Report: Yellen Says More Bank Mergers Likely This Year
Municipal Bond Credit Report: Treasury Secretary Janet Yellen said more banks will probably seek to merge this year as higher interest rates and recent banking turmoil are making it more…
Municipal Bond Credit Report: Projected OPEB liability growth spurs Houston to create a trust fund
Municipal Bond Credit Report: Facing projections its unfunded liability for retired city worker benefits like health care would balloon to about $9 billion over 30 years, Houston last week created…
