Ratings

S&P Global Ratings said it raised its long-term rating on the city of Los Angeles, Calif.'s outstanding general obligation bonds to AA from AA-minus.

Massachusetts’ downgrade by S&P Global Ratings affects $22 billion in GO debt.

S&P Global Ratings has lowered its ratings on the Commonwealth of Massachusetts' approximately $22 billion of parity general obligation (GO) bonds outstanding to 'AA' from 'AA+' and its rating on Boston Housing Authority housing project bonds,

Municipal market buyers aren't waiting for the rating agencies -- they're already trading Illinois paper at junk bond levels.

Dallas and Houston are on the right path to fixing their troubled pensions, according to Moody's.

Kansas' adoption of a tax increase led Moody's to boost its outlook on the state to stable.

The University of Illinois and Illinois State University were downgraded by S&P Global Ratings.

S&P Global Ratings revised its outlook to negative from stable on Syracuse, N.Y.'s outstanding general obligation (GO) bonds and Syracuse Industrial Development Agency's (IDA) parking facility revenue bonds, excluding the GO bonds secured by the New York State Aid Intercept Program.

The bus operator for 12 Dallas County school districts defaulted on its June 1 debt payment and faces a voter referendum on its continued existence.

Two Illinois community colleges were downgraded by Moody’s because of the state's budget woes.

Illinois received two downgrades Thursday, bringing it closer to a junk bond rating.

Moody's Investors Service has lowered the rating on the State of Illinois' general obligation (GO) bonds to Baa3 from Baa2, amid a prolonged political impasse that has prevented progress on a growing pension deficit and an increasing backlog of unpaid bills

New Jersey’s Atlantic County was revised to stable from negative by Moody’s Investors Service.

Connecticut-based insurance behemoth Aetna confirmed relocation talks with other states.

Illinois took a one notch downgrade from S&P Global Ratings leaving its general obligation debt at BBB-minus.

Wayne County, Michigan hopes to parlay positive credit news into savings on an upcoming jail project issue.

New Jersey Economic Development Authority cigarette tax bonds were revised to negative by S&P Global Ratings.

An 11-year decrease in Kentucky's workforce upended a key formula underpinning its pension system.

Hartford, Conn.’s Ba2 rating is under review for a downgrade, said Moody's Investors Service.

Prospects are bleak for a breakthrough on Illinois’ two-year-old state budget stalemate.