Municipal Bond Credit Report: Illinois’ rating upswing gives state’s public universities a boost
Municipal Bond Credit Report: Illinois’ positive rating momentum and near-term budgetary commitment to raising higher education funding helped lift the University of Illinois’ and Illinois State University’s ratings… Link to…
Municipal Bond Credit Report: Fed Keeps May Interest-Rate Increase on Table Despite Expected Recession
Municipal Bond Credit Report: Stubbornly high inflation and tight labor markets led Federal Reserve officials to signal they could raise interest rates at their next meeting despite a greater likelihood…
Municipal Bond Credit Report: Disney outmaneuvers DeSantis in clash over theme park special district
Municipal Bond Credit Report: Walt Disney Co. pushed through changes limiting the powers of the municipal authority that governs its Florida theme parks ahead of a controversial takeover by representatives…
Municipal Bond Credit Report: New York State looks likely to miss April budget deadline again this year
Municipal Bond Credit Report: New York State lawmakers look likely to miss the deadline to have a new budget in place before the start of the state’s fiscal year on…
Municipal Bond Credit Report: Upgrade brings Chicago schools closer to investment grade
Municipal Bond Credit Report: Chicago Public Schools moved closer to investment grade status with an S&P Global Ratings upgrade last week that came just one week after district leaders again…
Municipal Bond Credit Report: Harvey, Illinois, closing in on exchange offer for defaulted bonds
Municipal Bond Credit Report: Harvey, Illinois’ long-planned exchange offer for its defaulted general obligation bonds could get underway later this month with receipt of an overdue audit the last hurdle…
Municipal Bond Credit Report: Detroit upgraded by Moody’s to Ba1; outlook remains positive
Municipal Bond Credit Report: Moody’s Investors Service raised Detroit’s general obligation rating to the highest speculative grade, moving it one notch away from a return to investment grade as it…
Municipal Bond Credit Report: Texas school bond guarantee program capacity rebounds to $5.4 billion
Municipal Bond Credit Report: Some capacity was restored to a nearly depleted Texas school bond guarantee program last month after state officials took action, but even more demand for the…
Municipal Bond Credit Report: Bank Failures. High Inflation. Rising Rates. Is the Resilient Jobs Market About to Crack?
Municipal Bond Credit Report: The U.S. labor market has been on a tear since the economy bounced back from the pandemic, with employers adding 5.6 million jobs since the start…
Municipal Bond Credit Report: South Carolina’s comptroller resigns after $3.5 billion blunder
Municipal Bond Credit Report: South Carolina’s embattled comptroller announced he will resign next month, after state investigators held him responsible for a multi-billion dollar accounting error… Link to Story
