Alaska

Weeks after sweeping financial overhauls he advocated failed in the state legislature, Alaska Gov. Bill Walker announced he will travel to Southeast Asia to promote natural gas sales.

Alaska’s ratings have been affirmed and the state is no longer on S&P Global Ratings’ CreditWatch, where it had been placed on review for possible downgrade since June 9.

Providence Health & Services took a one-notch downgrade from Fitch Ratings, ahead of a planned &803 million revenue bond deal for Providence St. Joseph Health.

A report issued by the Alaska governor's office outlines “dire consequences” for the state’s fiscal health if the state's legislature fails to take decisive action.

A sharp rebound in oil prices won't be enough to rescue Alaska from its $3 billion annual spending deficit or protect it from possible further downgrades, Moody's Investors Service said Monday.

Alaska lost its last triple-A rating Tuesday, when Fitch Ratings downgraded the state to AA-plus.

Alaska's legislature passed a budget with a $3.2 billion draw on the state's Constitutional Budget Reserve after rejecting fiscal reforms urged by Gov. Bill Walker.

State budget conditions vary widely as of late fiscal 2016, with the overall picture getting better while states with less diversified economies face significant stress, Standard & Poor's said Wednesday.

Alaska municipalities may bear the brunt of the state’s oil-driven budget crisis.

Moody’s Investors Service has downgraded Alaska to Aa1 from Aaa.