Tag: Municipal Bond Credit
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Municipal Bond Credit Report: Texas Wind Farm Denied Protection From Citi Over $113 Million Storm Bill
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: A New York judge refused to issue an injunction protecting a West Texas wind farm against the alleged risk of a takeover by Citigroup Inc. over a $113 million bill stemming from the winter storm that swept the state in February… Link to Story
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Municipal Bond Credit Report: Inflation Accelerated in March Due to Strengthening Economy, Rising Energy Prices
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: U.S. consumer prices rose sharply in March as the economic recovery gained momentum, marking the start of an expected monthslong pickup in inflation pressures… Link to Story
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Municipal Bond Credit Report: Kentucky hybrid retirement system for new teachers called a credit positive
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: A big change in Kentucky’s retirement system for new teachers is a credit positive for the state, according to Moody’s Investors Service… Link to Story
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Municipal Bond Credit Report: Beware of cliff, New York State budget critics warn
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: As Gov. Andrew Cuomo and top lawmakers agreed on a one-week-late $212 billion budget for fiscal 2022, critics, notably business leaders and budget watchdogs, asked if the spending plan will set up the state and its anchor city for a fall… Link to Story
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Municipal Bond Credit Report: Maine counties chafe at lower-than-expected payments from wind farms
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: For nearly two decades, commercial wind farms have been touted in Maine as a way to generate electricity without pollution, and as a way rural locales in Maine can generate revenue for themselves by hosting turbines worth hundreds of millions of dollars… Link to Story
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Municipal Bond Credit Report: Moody’s reviews U.S. Bancorp’s ratings for downgrade
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Moody’s Investors Service (“Moody’s”) has placed the long-term ratings and assessments of U.S. Bancorp and its subsidiaries (USB), including its bank subsidiary, U.S. Bank National Association, on review for downgrade… Link to Story
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Municipal Bond Credit Report: U.S. Jobless Claims Rose to 744,000 Last Week
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Worker filings for jobless claims rose to 744,000 last week, pausing a downward trend amid other signs of recent labor-market improvement… Link to Story
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Municipal Bond Credit Report: Biden’s Infrastructure Plan Visualized-How the $2.3 Trillion Would Be Allocated
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: President Biden unveiled a $2.3 trillion plan aimed at boosting the nation’s infrastructure, creating new jobs and tackling climate change. It is the first of a two-part economic plan that the president will introduce in Congress in the coming months. Here is a breakdown of where the money would be spent:..…
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Municipal Bond Credit Report: U.S. Added 916,000 Jobs in March as Hiring Accelerated
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: U.S. hiring surged in March as the economic recovery accelerated, the start of what economists say could be a sustained run of job growth to industries, regions and workers hardest hit during the pandemic… Link to Story
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Municipal Bond Credit Report: As Texas Freeze Gas Bills Come Due, Cue Up the Lawsuits
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The massive natural-gas bills incurred during the Texas freeze have kicked off a spate of lawsuits around the country as companies argue over who is responsible for the tab… Link to Story