Tag: Municipal Bond Credit
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Municipal Bond Credit Report: New home sales rose slightly in April, defying expectations of a huge 22% drop, as prices fall
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: In one of the brightest economic readings since the start of the coronavirus pandemic, sales of newly built homes rose nearly 1% in April compared with March, according to the U.S. Census… Link to Story
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Municipal Bond Credit Report: Western Economies See Biggest Slump Since Financial Crisis
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The world’s developed economies saw the largest fall in output since the global financial crisis in the first three months of the year, as governments began to impose lockdowns designed to limit the spread of the novel coronavirus… Link to Story
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Municipal Bond Credit Report: U.S. Home-Price Growth Accelerated in March
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Home-price growth accelerated in March, even as home sales dropped after the coronavirus pandemic shut down economic activity in some regions… Link to Story
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Municipal Bond Credit Report: Mortgage Credit Tightens, Creating Drag on Any Economic Recovery
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: With interest rates falling to the lowest level on record, this should be a banner time for households in search of a new mortgage… Link to Story
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Municipal Bond Credit Report: For Economy, Worst of Coronavirus Shutdowns May Be Over
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Truck loads are growing again. Air travel and hotel bookings are up slightly. Mortgage applications are rising. And more people are applying to open new businesses… Link to Story
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Municipal Bond Credit Report: Chicago Catholic Archdiocese rating slashed on mounting fiscal strains
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Already under strain from the financial weight of sexual misconduct claims, the Catholic Archdiocese of Chicago took a three-notch downgrade from Moody’s Investors Service reflecting the economic impact of the COVID-19 pandemic and concerns about the rising number of archdiocese bankruptcies… Link to Story
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Municipal Bond Credit Report: Seton Hall University downgraded ahead of bond sale
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Seton Hall University plans to sell $103 million of bonds as it grapples with near-term fiscal challenges that triggered a rating downgrade… Link to Story
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Municipal Bond Credit Report: Jobless Rate Rose in All 50 States in April, Labor Department Says – WSJ
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Nevada registered the highest unemployment rate in the U.S. last month at 28.2%, the Labor Department said Friday in a report detailing the impact of the new coronavirus and related lockdowns on the job market in all 50 states… Link to Story
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Municipal Bond Credit Report: Mitch McConnell says next coronavirus bill will not extend enhanced unemployment benefits – CNBC
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Senate Majority Leader Mitch McConnell said Wednesday that the next coronavirus bill would not extend beefed up unemployment insurance enacted as the pandemic ravaged the U.S. economy, according to a source familiar with his remarks. .. Link to Story
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Municipal Bond Credit Report: City of Fairfield, Alabama files for bankruptcy
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The financially strapped city of Fairfield filed for bankruptcy Tuesday, citing millions of dollars in debt… Link to Story