Caitlin Devitt

The latest top state court to weigh in on pension reforms ruled in Michigan last week that the state's pension reforms enacted in 2011 are constitutional, overturning two lower court decisions.

Moody’s Investors Service upgrade Dayton, Ohio-based Kettering Health, saying the eight-hospital system has seen a strong financial performance in the last two years.

Moody’s upgraded Detroit by one notch Thursday, though leaving it deep in junk territory, as the city gears up for its first post-bankruptcy bond deal.

Cincinnati’s settlement with its unions and retirees on retirement obligations is one of the reasons why Moody’s said it revised its outlook on the city to stable from negative.

Michigan Gov. Rick Snyder Thursday affirmed his earlier declaration that Wayne County is in a financial emergency, giving the county board until next week to choose among four partial takeover options.

Michigan public finance veteran Dale Deis joins top-ranked PFM after nearly 30 years at Municipal Financial Consultants in Michigan.

Standard & Poor’s assigned an A rating and stable outlook to Detroit’s first post-bankruptcy bond sale, set for Aug. 19.

Detroit is set to hit the market on August 19 with its first public bond sale since exiting the largest municipal bankruptcy in the U.S.

Cook County, Ill.'s president won't support Gov. Bruce Rauner's pension reforms even though they give the cash-strapped county many of the reforms it wants, because it would also mean supporting the governor's anti-union measures.

Columbus, Ohio, in the midst of a downtown building boom, heads into market this week for its annual summer borrowing bearing triple-A bond ratings.