Municipal Bond Credit Report: State intervention ‘imminent’ for Trenton, NJ, water utility
Municipal Bond Credit Report: Following a brush with default in August that prompted a state response, a group of local legislators announced on Monday that New Jersey’s Department of Environmental…
Municipal Bond Credit Report: Oregon school district takes a ratings hit on financial woes
Municipal Bond Credit Report: A school district in the Portland, Oregon, suburbs was downgraded two notches by Moody’s Investors Service… Link to Story
Municipal Bond Credit Report: Mortgage Rates Hit 6.92%, a 20-Year High
Municipal Bond Credit Report: U.S. mortgage rates jumped to their highest level in more than two decades… Link to Story
Municipal Bond Credit Report: Inflation Report Seals Case for 0.75-Point Fed Rate Rise in November
Municipal Bond Credit Report: Another uncomfortably high inflation reading for September is likely to keep the Federal Reserve on track to increase interest rates by 0.75 percentage point at its…
Municipal Bond Credit Report: Inflation Sits at 8.2% as Core Prices Hit Four-Decade High
Municipal Bond Credit Report: U.S. consumer inflation excluding energy and food accelerated to a new four-decade high in September, a sign that strong and broad price pressures are persisting. ..…
Municipal Bond Credit Report: U.S. Jobless Claims Rose Last Week but Remain Historically Low
Municipal Bond Credit Report: New applications for unemployment benefits rose last week in the latest sign of a cooling labor market, although they remained close to prepandemic lows. .. Link…
Municipal Bond Credit Report: Petition drive blocks debt for Texas hospital district
Municipal Bond Credit Report: A successful petition drive thwarted plans by the El Paso County Hospital District, Texas, to issue $345.7 million of certificates of obligation to finance expansion projects…
Municipal Bond Credit Report: Chicago targets pension funding with help from improved revenues
Municipal Bond Credit Report: Chicago’s proposed 2023 budget launches a new pension funding policy aimed at holding its net pension liabilities in check beginning with a supplemental $242 million payment…
Municipal Bond Credit Report: Hurricane Ian damages in Southeast estimated at $100B to $120B
Municipal Bond Credit Report: The damage and economic loss from Hurricane Ian could total between $100 billion and $120 billion, according to Dr. Joel Myers, AccuWeather’s founder and CEO… Link…
Municipal Bond Credit Report: Florida in solid financial condition as Ian recovery gets underway
Municipal Bond Credit Report: Florida is facing a massive cleanup effort that won’t be finished overnight, but the road to full recovery may be eased by the fact that the…
