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The state has been coping with the economic fallout of COVID-19 and a burgeoning second wave that is expected to challenge the commonwealth’s finances and burden its healthcare system.
November 17 -
Mayor Lori Lightfoot's budget plan strikes the right balance between structural and one-time measures amid the coronavirus, says Jennie Huang Bennett.
November 13 -
The rating agency cited higher leverage from borrowing plans to fund expansions and renovations and passenger traffic losses from the coronavirus pandemic.
November 11 -
S&P Global Ratings revised the outlook on Vermont’s AA-plus general obligation bond rating to negative from stable.
November 11 -
Gov. J.B. Pritzker says preservation of the investment-grade status is "very important;" Illinois bonds traded wider after the income tax referendum failed.
November 5 -
Mark Nitcholas will will focus on local and state governments, state agencies and school districts within Texas and the Southwest.
November 3 -
The move would not resolve structural budget gaps, according to the rating agency.
November 3 -
Long-term municipal bond volume is on pace to set a new record of yearly issuance, thanks in part to issuers rushing to market before the election and a continued taxable boom.
October 30 -
Moody’s on Thursday joined Fitch and S&P Global Ratings in moving the city’s rating outlook to negative. It has rated Chicago at speculative grade since 2015.
October 29 -
By putting a negative outlook on its BBB-minus rating, Fitch leaves Chicago little room to avoid being saddled with a second speculative-grade rating.
October 28