Municipal Bond Credit Report: Despite a negative return in the latest quarter, New York State’s retirement fund is “built to weather the ups and downs of the markets,” even with…

Municipal Bond Credit Report: Fitch Ratings dropped Milwaukee’s general obligation rating by two notches and S&P Global Ratings cut it by one over rising budget strains amid limited revenue-raising prospects…

Municipal Bond Credit Report: Triple Five, owner of the American Dream mall in New Jersey, has struck a deal with a group of creditors led by JP Morgan that grants…

Municipal Bond Credit Report: The California Legislative Analyst’s Office’s projection of a potential $25 billion deficit in fiscal 2023-24 isn’t likely to change analysts’ ratings outlook on the state… Link…

Municipal Bond Credit Report: The default rate for US companies will soar to 3.75% if the Federal Reserve’s fight against inflation only tips the economy into a shallow recession, according…

Municipal Bond Credit Report: The board of a public hospital in California has voted to declare a fiscal emergency, a move that would allow it to declare Chapter 9 bankruptcy……

Municipal Bond Credit Report: Moody’s Investors Service raised Chicago to investment grade Tuesday, one day after the City Council passed Mayor Lori Lightfoot’s 2023 budget that sends extra funding to…

Municipal Bond Credit Report: Sales tax collections by local governments in New York increased 10.2% in the third quarter compared to the same period last year, according to State Comptroller…

Municipal Bond Credit Report: California voters received largely favorable reviews from Moody’s Investors Service for approving school-related ballot measures and the failure of a statewide measure that would have raised…

Municipal Bond Credit Report: Chester, Pennsylvania, has filed for Chapter 9 bankruptcy. The petition was filed Thursday in the United States Bankruptcy Court for the Eastern District of Pennsylvania. In…