Municipal Bond Credit Report: California in a league of its own for delinquent financial reporting
Municipal Bond Credit Report: The calendar has flipped to 2022 and California’s state government stands in a league of its own, for the wrong reason… Link to Story
Municipal Bond Credit Report: New year, new default for a troubled suburban Chicago hotel
Municipal Bond Credit Report: A suburban Chicago hotel and conference center’s COVID-induced struggles led to a fresh default on its restructured bonds this month… Link to Story
Municipal Bond Credit Report: California’s tardy ACFRs may hurt ratings, affect federal funding
Municipal Bond Credit Report: California got dinged by the state auditor in a Tuesday report for filing its audited financial statements late for the third year running, which the auditor…
Municipal Bond Credit Report: Illinois cuts final check to repay Fed’s MLF loan
Municipal Bond Credit Report: Illinois paid off the remaining $302 million owed to the U.S. Department of Treasury on a $2.175 billion Federal Reserve Municipal Liquidity Facility loan due in…
Municipal Bond Credit Report: Jobs Report Likely Keeps Fed on Track for Rate Rise in March
Municipal Bond Credit Report: Another decline in the unemployment rate in December is likely to keep Federal Reserve officials on track to lift interest rates from near zero as soon…
Municipal Bond Credit Report: Hiring Hit Record Despite December Slowdown
Municipal Bond Credit Report: Hiring slowed in December in a sign the economic recovery was moderating ahead of disruptions from the Omicron variant of Covid-19, though declining unemployment and robust…
Municipal Bond Credit Report: Nevada on the verge of record gaming year after 2020 doldrums
Municipal Bond Credit Report: Gaming revenues, a major economic driver for Nevada and Clark County, are exceeding expectations… Link to Story
Municipal Bond Credit Report: Fitch Ratings raises Chicago Board of Education GOs to BB-plus
Municipal Bond Credit Report: Fitch Ratings Wednesday upgraded the Chicago Board of Education’s issuer default rating and outstanding unlimited tax general obligation bonds to BB-plus from BB and the CBOE’s…
Municipal Bond Credit Report: Covid-19, Inflation Make a Mess Out of Predictions
Municipal Bond Credit Report: Every year the World Economic Forum asks business, political and thought leaders to rank the biggest risks in the coming year or two. At the start…
Municipal Bond Credit Report: Strong Labor Market in 2021 Faces Down Omicron Threat
Municipal Bond Credit Report: U.S. employers added a record number of jobs in 2021, as a gauge of layoffs fell to a half-century low and available positions surged on strong…
