Tag: Municipal Bond Credit
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Municipal Bond Credit Report: U.S. Economy Continues Steady Recovery in September, Business Surveys Show
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The U.S. economy in September continued its steady recovery from the sharp declines in the second quarter as demand and output strengthened, according to new business surveys. But the pace faltered in Europe and Asia, where new infections have led to new restrictions on activity… Link to Story
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Municipal Bond Credit Report: U.S. Unemployment Claims Hold Steady at 870,000
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Unemployment claims held steady at a historically high 870,000 last week, suggesting the labor market continues to slowly recover from the coronavirus pandemic… Link to Story
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Municipal Bond Credit Report: CCP announces plan to take control of China’s private sector
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Chinese President Xi Jinping and the Communist Party’s Central Committee have laid out a plan for a ‘new era’ in which the party has better control over private business in China… Link to Story
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Municipal Bond Credit Report: West Coast’s massive wildfires put new pressure on state, local budgets
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Dozens of deadly wildfires raging across California, Oregon and Washington could also pose a risk to state and local budgets already struggling under the weight of the pandemic… Link to Story
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Municipal Bond Credit Report: Lower reserves, coronavirus give Buffalo a second downgrade in a year
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Diminished reserve levels that were compounded by the COVID-19 pandemic drove Buffalo’s second credit downgrade in a one-year span… Link to Story
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Municipal Bond Credit Report: Fed to Propose Overhaul of Lending Rules for Poorer Communities
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The Federal Reserve was set Monday to take an initial step to rewrite rules for hundreds of billions of dollars in lending in lower-income neighborhoods… Link to Story
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Municipal Bond Credit Report: U.S. Unemployment Claims Held Steady at 860,000 Last Week
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The labor market’s recovery is showing fresh signs of losing momentum as persistently elevated applications for unemployment benefits show layoffs remain historically high despite summer hiring… Link to Story
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Municipal Bond Credit Report: Pandemic adds billions in deficits to Florida’s budget
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Forecasters believe the state will have $3.4 billion less revenue than anticipated to support the state’s general fund this fiscal year due to the severe effects of the coronavirus pandemic particularly on tourism, the state’s top economist said… Link to Story
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Municipal Bond Credit Report: Trustee won’t drop litigation in Platte County, Missouri, default
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The trustee for $32 million of defaulted bonds that carry Platte County, Missouri’s appropriation pledge wants the Missouri Supreme Court to have the last word on whether the county bears legal responsibility for repayment… Link to Story
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Municipal Bond Credit Report: U.S. Incomes Up, Poverty Rate Down in 2019
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: American incomes rose sharply and poverty fell in the final year of the country’s decadelong economic expansion, according to Census Bureau figures released Tuesday… Link to Story