Municipal Bond Credit Report: SEC charges Rochester, New York, with fraud
Municipal Bond Credit Report: The Securities and Exchange Commission has charged the City of Rochester, New York, the Rochester City School District’s former finance director and the city’s former chief…
Municipal Bond Credit Report: Higher Unemployment Rate Looms as the Fed Fights Inflation
Municipal Bond Credit Report: Federal Reserve officials are beginning to signal that higher unemployment rates might be a necessary consequence of their efforts to damp inflation by raising interest rates……
Municipal Bond Credit Report: U.S. Home Equity Hits Highest Level on Record—$27.8 Trillion
Municipal Bond Credit Report: Americans have more equity in their homes than ever before. Total U.S. home equity increased almost 20% in the first quarter to $27.8 trillion, a record…
Municipal Bond Credit Report: SEC Charges Rochester, N.Y., Misled Investors
Municipal Bond Credit Report: The city of Rochester, N.Y., former city and school-finance officials and a municipal advisory firm misled investors about the school system’s distressed finances, the Securities and…
Municipal Bond Credit Report: Chicago Public Schools’ fund balance up and short-term debt down
Municipal Bond Credit Report: Chicago Public Schools is proposing to spend $9.5 billion in the next fiscal year after closing the books June 30 with an expected $1 billion fund…
Municipal Bond Credit Report: U.S. Inflation Hit 8.6% in May
Municipal Bond Credit Report: U.S. consumer inflation reached an 8.6% annual rate in May, its highest level in more than four decades as surging energy and food prices pushed prices…
Municipal Bond Credit Report: Fed Likely to Signal Half-Point Rate Rises Through September After Inflation Report
Municipal Bond Credit Report: Another high inflation report is likely to lead more Federal Reserve officials to anticipate a fourth consecutive half-percentage-point rate rise will be warranted at their meeting…
Municipal Bond Credit Report: Mortgage-Application Index Falls to Lowest Level in 22 Years
Municipal Bond Credit Report: A measure of mortgage applications fell to its lowest level in 22 years last week, another sign the U.S. housing market is coming back to Earth…
Municipal Bond Credit Report: Texas toll roads speed past the pandemic
Municipal Bond Credit Report: The COVID-19 pandemic is largely in the rearview mirror for toll roads in Texas, where traffic and revenue are climbing and strong population growth is fueling…
Municipal Bond Credit Report: Education to benefit from New York State’s new gambling revenue stream
Municipal Bond Credit Report: Since New York legalized the sports gambling industry five months ago, residents of the state have made almost $6 trillion in bets, according to the New…
