Category: Municipal Bond Credit Report
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Municipal Bond Credit Report: Florida jobless rate remains at 2.7%
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Florida’s unemployment rate remained at 2.7% last month, unchanged from July’s rate and August 2022’s level, the Florida Department of Commerce reported Friday… Link to Story
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Municipal Bond Credit Report: Fed Holds Rates Steady but Pencils In One More Hike This Year
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Federal Reserve officials voted to hold interest rates steady at a 22-year high and revealed a divide over whether they should raise them once more this year, with most leaning toward another increase… Link to Story
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Municipal Bond Credit Report: Job Gains Eased in Summer Months; Unemployment Increased in August
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Hiring slowed this summer and unemployment rose in August, signs the labor market is cooling in the face of high interest rates… Link to Story
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Municipal Bond Credit Report: Feds, worldwide aid helping Maui recover, Hawaii governor says
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Hawaii will allocate $100 million to help families affected by the Maui fires and create a loan program to prevent Lahaina businesses destroyed by the fires from going bankrupt, Gov. Josh Green announced Friday… Link to Story
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Municipal Bond Credit Report: Budget boom times wane for Southwest states
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Fiscal 2023 ended with higher revenue for most Southwest states, but shrinking growth rates indicate their coffers won’t continue to overflow as federal stimulus subsides and tax cuts erode collections… Link to Story
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Municipal Bond Credit Report: Chicago mayor vows new revenue, long-term pension fix
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Chicago Mayor Brandon Johnson addressed municipal bond investors and other market participants for the first time Wednesday during The Bond Buyer’s infrastructure conference in Chicago, the same day the administration floated a budget forecast showing a $538 million gap heading into next year… Link to Story
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Municipal Bond Credit Report: Persistent pension problem has Dallas eying pension bonds
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Pension obligation bonds may be on a list of options for Dallas officials as they tackle a persistent funding problem in the city’s retirement system… Link to Story
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Municipal Bond Credit Report: Bankruptcy judge OKs interim funding for Texas hospital
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: A bankrupt, bond-financed Texas hospital that opened for business in November 2021 will obtain $2.7 million for operating and other expenses under a federal judge’s interim order issued late last week… Link to Story
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Municipal Bond Credit Report: Bankruptcy judge OKs interim funding for Texas hospital
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: A bankrupt, bond-financed Texas hospital that opened for business in November 2021 will obtain $2.7 million for operating and other expenses under a federal judge’s interim order issued late last week… Link to Story
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Municipal Bond Credit Report: Florida escapes most of Idalia’s wrath as hurricane season nears peak
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: While the economic loss from Hurricane Idalia will be counted in the billions of dollars, it could have been a lot worse as it pales in comparison to the death and destruction brought about by Hurricane Ian last year… Link to Story