Municipal Bond Credit Report: U.S. Home Sales Cool Amid Higher Rates, Record Prices
Municipal Bond Credit Report: Rapidly rising mortgage rates and record home prices are cooling the U.S. housing market, as April sales dropped for the third straight month and fell to…
Municipal Bond Credit Report: High Inflation, Slowing Growth Raise Risk of Global Downturn
Municipal Bond Credit Report: The global economy is in danger of entering a period of so-called stagflation, or high inflation and weak growth, policy makers and corporate leaders say, which…
Municipal Bond Credit Report: Illinois rating momentum carries transit and universities along
Municipal Bond Credit Report: Illinois’ rosier near-term fiscal landscape and state bond rating momentum helped lift the ratings of public transit agencies and the state’s public universities and more than…
Municipal Bond Credit Report: Advocate Aurora and Atrium plan multi-state hospital merger
Municipal Bond Credit Report: Illinois-based Advocate Aurora Health and North Carolina-based Atrium Health plan to merge, which would create the fifth largest not-for-profit health system by revenues nationally… Link to…
Municipal Bond Credit Report: ProMedica’s COVID wounds claim one investment-grade rating, with 2 on brink
Municipal Bond Credit Report: Ohio-based ProMedica Health System lost one of its investment-grade ratings and remains at risk of losing its other two as the COVID-19 pandemic’s wounds run deep,…
Municipal Bond Credit Report: Fitch maintains negative watch on Reedy Creek utility revenue bonds
Municipal Bond Credit Report: Fitch Ratings is maintaining its negative rating watch on the Reedy Creek Improvement District, Florida’s combined utility system revenue bonds… Link to Story
Municipal Bond Credit Report: Inflation Slipped in April, but Upward Pressures Remain
Municipal Bond Credit Report: U.S. inflation remained close to its highest annual rate in four decades last month, declining only slightly to 8.3% with signs the economy continued to face…
Municipal Bond Credit Report: Pensions’ Bad Year Poised to Get Worse
Municipal Bond Credit Report: State and local government retirement funds started the year with their worst quarterly returns since the beginning of the pandemic. Things have only gone downhill since……
Municipal Bond Credit Report: S&P Hits U.S. States With Politicized Credit Scores
Municipal Bond Credit Report: Ideological criteria will now influence the credit ratings of state and local governments, thanks to S&P Global Ratings. In addition to rating governments on meaningful financial…
Municipal Bond Credit Report: Philadelphia sees tourism rebound
Municipal Bond Credit Report: The Philadelphia region saw a 21% increase in tourists last year as more than 36 million people visited the region, according to Philadelphia Convention and Visitors…
