Munis "continued their slide" last week as yields rose an average of 23 basis points across the curve as the Fed Chairman Jerome Powell signaled the Fed will take a "more cautious approach" on ...
S&P Global Ratings downgraded San Francisco's debt a notch to AA-plus from AAA citing weakened economic trends and deficit spending. Moody's Ratings lowered it's rating a notch to Aa1 in October.
Moody's upgraded Minneapolis to Aaa. The outlook is stable, reflecting an expectation that a strong financial profile will ...
The Chicago Board of Education unanimously approved the firing of Chicago Public Schools CEO Pedro Martinez late Friday during a heated special meeting.
S&P Global Ratings raised to AA from AA-minus Hartsfield-Jackson Atlanta International Airport. The outlook is stable.
The budgeting constraints transformed the state's finances and bond ratings. But critics say the policy's downsides include ...
The finally approved continuing resolution steers around the debate to raise the debt ceiling while funding repairs to the ...
The bank's termination of its membership in the Net-Zero Banking Alliance ended a state review that could have led to a ban ...
Bond issuers are establishing common reserve funds to spur economic growth while also generating income, but risk is involved ...
Municipals are seeing losses of 1.82% in December, which has dragged down overall gains to just 0.68% for 2024, per the Bloomberg Municipal Index.
The U.S. Securities and Exchange Commission charged Silver Point Capital, L.P. with breaches of nonpublic information federal laws with regards to Puerto Rico bonds.
The San Diego County-based hospital system's financial woes were dire enough to earn junk ratings from Fitch Ratings, Moody's ...