Nevada

Municipal issuers in the Far West sold $38.7 billion in bonds during the first six months of 2020, 8.8% more than they did the year before.

Citing market turmoil from the pandemic, a California conduit issuer gave the Virgin Trains USA project a five-month extension to sell $3.25 billion of debt.

Moody's action on Aa1-rated Nevada follows a Fitch Ratings outlook cut to negative three weeks ago as the coronavirus hammers a tourism based state economy.

Fitch Ratings downgraded Las Vegas a notch to AA-minus

Nevada was one of the last states to recover from the Great Recession

AA-rated Las Vegas saw its outlook revised to negative by S&P Global Ratings with casinos shuttered and visitors absent.

Issuers in the Far West sold $85 billion of municipal bonds in 2019, a 23% increase from 2018.

Fitch Ratings raised the Las Vegas suburb to BBB-minus from BB, with a stable outlook.

The California Debt Limit Allocation Committee wants more information on the request for $600 million of private activity bond allocation.

S&P Global Ratings elevated Nevada's rating to AA-plus, two days after a Moody's upgrade.

Moody's Investors Service upgraded $1.2 billion of general obligation bonds to Aa1 from Aa2.

The California Infrastructure and Economic Development Bank agreed to issue $3.25 billion for the proposed line linking Vegas and Victorville, California.

The soccer league's drive for expansion pushed cities and owners to develop new stadiums to sweeten their bids.

Issuers in the nine-state Far West region sold $34.6 billion of municipal bonds in 2019's first six months.

The company behind the nation’s first privately owned intercity passenger railway in more than a century is seeking approval from California and Nevada to raise as much as $3.6 billion in tax-exempt bonds for a high-speed train linking southern California to Las Vegas.

Record inflows of cash to municipal-bond mutual funds coupled with the drop in tax-exempt yields has helped fuel the number of deals in more default prone sectors.

A city called the "double black diamond" of car driving is at the epicenter for autonomous-vehicle testing.

States struggle to reap the full benefits of the multibillion-dollar legal marijuana industry becuase of conflicts with federal law.

The highest-ranked states were mostly west of the Mississippi River, driven by expanding economies and population growth.

Utilities serving 40 million people and 5 million acres of irrigated farm land agreed to a federal plan to keep water flowing amid a two-decade drought.