Southeast

While the report offers many positives for states, headwinds loom, according to investment management firm Conning.

Moody’s Investors Service raised the city's rating, noting noted a trend of strong finances, a diverse economy and a willingness to tackle pension issues.

If the deal closes, the two systems say they will evaluate existing debt structures and combine credits where possible and beneficial.

The Louisiana House passed a bill to limit firms that "discriminate" against the firearms industry from government business. A similar bill was vetoed last year.

The special district formed for the Walt Disney Company in Florida is to be dissolved under a new state law driven by Gov. Ron DeSantis.

The state's Local Government Commission approved more than $1.5 billion in bond and financing agreements, including more than $600 million for the airports.

Michael Rinaldi, head of local government ratings at Fitch, talks with Chip Barnett about the murky financial picture after the move by Gov. Ron DeSantis to dissolve the Reedy Creek Improvement District after Disney Co. said it plans to fight to repeal the new “Don’t Say Gay” law. (12 minutes)

While the outlook revision reflects the view there is a one-in-three chance RCID's credit profile could be positively or negatively impacted, future events remain unclear, said S&P's Christian Richards.

Total April volume was $34.329 billion in 729 deals versus $37.105 billion in 1,124 issues a year earlier.

The West Virginia Democrat has been critical of Biden's goal of a speedy transition to electric vehicles, in part because of China's dominance of the battery market.