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Negative rating and outlook revisions for U.S. K-12 public school districts rose markedly from 2024 to 2025, according to S&P Global Ratings.

"Despite the plethora of red flags, UMB wired the requisitioned amount based on the fraudulent wire instructions," the plaintiff said in its complaint.

For munis, the end of the shutdown helps steady the backdrop, said James Pruskowski, an investor and market strategist.

Rural providers face $137 billion in federal Medicaid cuts from the One Big Beautiful Bill Act.

The end of the government shutdown includes clearing three of twelve appropriations hurdles while questions linger about the future of the highway reauthorization bill.

Multi-layered state oversight, strict fiscal safeguards and durable revenue pledges support New York City GO and TFA bonds even as investors brace for policy shifts under mayor-elect Zohran Mamdani.

A state audit of the Houston-based HBCU that identified financial issues led the governor to direct state agencies to launch an investigation.

Illinois lawmakers sent Gov. JB Pritzker a bill to facilitate the use of STAR bonds for economic development, which has happened only once in 15 years.

The Florida county is in the midst of executing a $9 billion capital improvement plan.

Fed Gov. Stephan Miran has spent his short tenure at the central bank arguing that disinflation in housing and immigration reforms will tamp down inflation in the near term. But other economists say the timing, degree and context of those effects is very much in question.