Municipal Bond Credit Report: Lawsuits, cost pressures spur Sutter Health ratings downgrade from Fitch
Municipal Bond Credit Report: Sacramento-based Sutter Health has been downgraded one notch to A by Fitch Ratings amid multiple lawsuits, the increased costs of seismic regulations and escalating labor costs,…
Municipal Bond Credit Report: Consumer Prices Jumped as Economic Recovery Picked Up
Municipal Bond Credit Report: U.S. consumer prices surged in April as the economic recovery picked up, reflecting surging demand as the pandemic eased and higher prices due to supply bottlenecks……
Municipal Bond Credit Report: Some, but Not All, of the Price Jump Is Transitory
Municipal Bond Credit Report: The surge in prices in April was a shocker. Excluding food and energy, the core index rose 0.9% from March, the biggest one-month increase since 1981,…
Municipal Bond Credit Report: Wisconsin’s revised Foxconn deal has no credit impacts for state, local governments
Municipal Bond Credit Report: Wisconsin’s revised deal with Foxconn Technology Group that cuts tax breaks to $80 million from nearly $3 billion for the downsized project represents a neutral exchange…
Municipal Bond Credit Report: Oklahoma revenues were up 38% year-over-year in April
Municipal Bond Credit Report: Oklahoma’s tax revenue for April was up 38% compared to the same month last year… Link to Story
Municipal Bond Credit Report: Moody’s raises its outlook on U.S. ports to positive
Municipal Bond Credit Report: Moody’s Investors Service on Wednesday revised its outlook on U.S. ports to positive from stable as cargo activity increases… Link to Story
Municipal Bond Credit Report: Fed Says Covid Is Major Financial Risk, Asset Prices Vulnerable to ‘Significant Declines’
Municipal Bond Credit Report: The Covid-19 pandemic remains one of the biggest near-term risks to the stability of the financial system, the Federal Reserve said, while noting that asset prices…
Municipal Bond Credit Report: U.S. Employers Added 266,000 Jobs in April
Municipal Bond Credit Report: U.S. employers added a modest 266,000 jobs in April, far short of the 1 million expected among economists, and unemployment rose to 6.1%. The slowdown in…
Municipal Bond Credit Report: Ducey allows four-year degrees at Arizona community colleges
Municipal Bond Credit Report: Arizona Gov. Doug Ducey on Tuesday signed legislation allowing community colleges to offer four-year degrees… Link to Story
Municipal Bond Credit Report: Texas sales tax collections set record in April
Municipal Bond Credit Report: Texas set an all-time high in sales tax collections for April, marking a dramatic reversal from the same month in 2020 when the pandemic began shutting…
