Municipal Bond Credit Report: Mortgage Rates Surge to Highest Since 2018
Municipal Bond Credit Report: The average rate for a 30-year fixed-rate loan jumped to 4.67%, mortgage-finance giant Freddie Mac said Thursday, marking the weekly figure’s highest reading since December 2018……
Municipal Bond Credit Report: U.S. Inflation Rises to 40-Year Peak in February by Fed’s Preferred Measure
Municipal Bond Credit Report: Inflation reached a new 40-year peak in February, according to the Federal Reserve’s preferred gauge, buoyed in part by a surge in oil prices related to…
Municipal Bond Credit Report: U.S. Consumer Spending Growth Slowed in February to 0.2%
Municipal Bond Credit Report: Americans increased their spending at a cooler pace in February, as the Omicron surge of Covid-19 eased but inflation remained high amid Russia’s invasion of Ukraine……
Municipal Bond Credit Report: Hospital Deal Gone Bust Puts Real-Estate Firm in Spotlight
Municipal Bond Credit Report: A group of investors bought this small city’s only hospital in late 2019. To pay for the deal, its buildings and land were sold to one…
Municipal Bond Credit Report: Judge clears way for vote on Oklahoma hospital’s bankruptcy exit plan
Municipal Bond Credit Report: Bondholders will vote on a Chapter 9 bankruptcy exit plan for a rural Oklahoma hospital authority after a federal judge on Wednesday approved a key document…
Municipal Bond Credit Report: N.Y. pension funds applaud SEC plan on corporate climate disclosure
Municipal Bond Credit Report: New York’s top financial stewards have praised the Securities and Exchange Commission’s proposed rule to require companies to disclose climate-related financial risk… Link to Story
Municipal Bond Credit Report: Powell Says Fed Will Consider More-Aggressive Interest-Rate Increases to Reduce Inflation
Municipal Bond Credit Report: Federal Reserve Chairman Jerome Powell said the central bank was prepared to raise interest rates in half-percentage-point steps and high enough to deliberately slow the economy…
Municipal Bond Credit Report: Gas Prices Shoot Up at Fastest Rate on Record
Municipal Bond Credit Report: As summer driving season approaches, average prices for regular gasoline have been at record highs the past two weeks after going up for 11 straight weeks.…
Municipal Bond Credit Report: U.S. Jobless Claims Fall in Tight Labor Market
Municipal Bond Credit Report: New applications for unemployment benefits in the U.S. fell last week to historic lows as employers held on to their workers in the midst of a…
Municipal Bond Credit Report: SEC charges Texas school district and former CFO with fraud
Municipal Bond Credit Report: The Securities and Exchange Commission has charged Crosby Independent School District in Texas and its former chief financial officer Carla Merka with misleading investors in a…
