Tag: Municipal Bond Credit
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Municipal Bond Credit Report: America Wants to Reopen From Coronavirus But Disagrees About How
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Wide differences between—and even within—states play out as officials and businesspeople try to balance medical and economic risks.. Link to Story
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Municipal Bond Credit Report: Coronavirus Prompts Biggest U.S. Manufacturing Pullback Since Last Recession
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: U.S. manufacturing contracted at the sharpest rate since the last recession in April as companies pulled back following lockdowns to halt the spread of the coronavirus… Link to Story
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Municipal Bond Credit Report: Over 3.8 Million Americans Filed for Jobless Benefits Last Week as States Struggle With Coronavirus Claims Surge
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Archaic technology hamstrings systems for processing benefits; ‘not really acceptable now’.. Link to Story
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Municipal Bond Credit Report: Coronavirus Pushes Colleges to the Breaking Point, Forcing ‘Hard Choices’ about Education
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Forecasted declines in enrollment and revenue trigger spending cuts and salary freezes; ‘the world order has changed.. Link to Story
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Municipal Bond Credit Report: Central Florida’s vacationland in ‘uncharted territory’ without vacationers
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Central Florida stands to be among the state’s hardest-hit areas economically as the coronavirus pandemic continues to shutter the theme park capital of the world, resulting in layoffs and furloughs for thousands of workers in the tourist-dependent region… Link to Story
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Municipal Bond Credit Report: Coronavirus-induced recession brings another negative outlook to New Jersey
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Major fiscal pressures facing New Jersey from the COVID-19 pandemic prompted a negative outlook from S&P Global Ratings to the state’s $33.6 billion of outstanding bonded debt… Link to Story
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Municipal Bond Credit Report: US consumer spending plunges 7.5% in March, reflecting virus – – CNBC
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: U.S. consumer spending plunged 7.5% in March, reflecting the growing impact of the coronavirus pandemic as Americans complied with stay-at-home orders. The Commerce Department said that the spending decline was the sharpest monthly drop on records that go back to 1959, exceeding the previous record, a decline of 2.1% in January…
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Municipal Bond Credit Report: Small Oil Drillers Are Turning Off Taps More Quickly Than Anticipated – – WSJ
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: From Texas and Wyoming to North Dakota, smaller companies are concluding it is better to keep oil in the ground after prices crashed. Small U.S. oil companies are shutting off wells faster than expected, as prices fall below what it costs them to pump the crude out of the ground… Link…
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Municipal Bond Credit Report: US weekly jobless claims hit 3.84 million, topping 30 million over the last 6 weeks – – CNBC
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: First-time filings for unemployment insurance hit 3.84 million last week as the wave of economic pain continues, though the worst appears to be in the past, according to Labor Department figures Thursday… Link to Story
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Municipal Bond Credit Report: Mitch McConnell Wants to Shield Companies From Liability in Coronavirus-Related Suits – – WSJ
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Senate Majority Leader Mitch McConnell told Republican lawmakers on a private call that he wants to shield companies from liability over pandemic-related suits and doesn’t support including an infrastructure package in a coronavirus relief bill, according to people familiar with the call, despite President Trump’s push for infrastructure investment… Link to…