Municipal Bond Credit Report: State, local aid intact in Senate-passed stimulus bill
Municipal Bond Credit Report: The direct aid to state and local governments that the House is expected to send to President Biden later this week has minor changes added by…
Municipal Bond Credit Report: Anaheim ratings cut just as California eases amusement park restrictions
Municipal Bond Credit Report: The city of Anaheim, home to Disneyland, received its second rating downgrade the same day that the California governor announced that parks, sports stadiums and theme…
Municipal Bond Credit Report: February Hiring Sets Up Stronger Spring Recovery
Municipal Bond Credit Report: The U.S. economy is set up for a stronger recovery this spring after a February surge in hiring at restaurants and other hospitality businesses created the…
Municipal Bond Credit Report: Texas Overcharged $16 Billion for Power During Freeze, Monitor Says
Municipal Bond Credit Report: An independent market monitor said the Texas power-grid operator made a critical mistake that resulted in $16 billion in electricity overcharges last month, and recommended that…
Municipal Bond Credit Report: U.S. Jobless Claims Hold Nearly Steady
Municipal Bond Credit Report: Filings for unemployment benefits in the latter half of February reached their lowest level in nearly three months amid signs of slow labor-market improvement… Link to…
Municipal Bond Credit Report: U.S. Economy Added 379,000 Jobs in February
Municipal Bond Credit Report: Hiring accelerated sharply in February as restaurants and other hospitality businesses reopened, adding 379,000 to U.S. payrolls and fueling renewed growth as the coronavirus pandemic eases……
Municipal Bond Credit Report: Tower Health hit with another bond downgrade
Municipal Bond Credit Report: Tower Health has been hit with another bond downgrade as its losses continue… Link to Story
Municipal Bond Credit Report: Empty office buildings squeeze city budgets as property values fall
Municipal Bond Credit Report: The coronavirus epidemic has led to empty buildings which are hurting city budgets and real estate firms’ bottom lines… Link to Story
Municipal Bond Credit Report: Cooperative’s bankruptcy underscores risks to Texas electric utilities
Municipal Bond Credit Report: The Chapter 11 bankruptcy filing Monday of a large-scale electric power cooperative underscores the fallout from February’s market collapse of the state’s deregulated electrical grid after…
Municipal Bond Credit Report: Fitch Places Texas Public Power Utilities and Electric Cooperatives on Rating Watch Negative
Municipal Bond Credit Report: Fitch Ratings has placed all retail and wholesale electric utilities operating within the geographic footprint of the Electric Reliability Council of Texas (ERCOT) on Rating Watch…
