S&P

S&P Global Ratings said it affirmed its BBB-minus rating on Illinois' general obligation bonds, and the BB-plus ratings on the state's appropriation-backed debt, which includes Chicago's outstanding motor fuel tax (MFT) revenue bonds.

Gov. Tom Wolf and Pennsylvania lawmakers must still agree on a revenue package

One week after National Public Finance Guarantee was downgraded two-notches by S&P Global Ratings, the bond insurer laid off 29 employees, slashing all of the new-business team.

A delayed Pennsylvania budget would only have a minor effect on schools, S&P Global Ratings said

National Public Finance Guarantee's ability to write new business is in question after a downgrade to A, three notches below competitors Assured Guaranty and Build America Mutual, which were both affirmed at AA.

Most Alaska bonds will still be paid in the event of a government shutdown, its debt manager said.

Bond insurers and analysts say the review is unnecessary and rating cuts could backfire.

S&P Global Ratings said it may adjust certain ratings based on each insurer's "competitive strengths or weaknesses relative to its peers.”

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

S&P Global Ratings named Ken Gacka to manage analysis of the not-for-profit healthcare sector.