News and Information from Bond Buyer

Moody's Investors Service said it has downgraded to A1 from Aa3 the general obligation unlimited tax (GOULT) rating of Dearborn School District, Mich.

Eleven U.S. cities are among the first in the 33 of 100 in the world picked by the Rockefeller Foundation to receive financial assistance in developing more-resilient infrastructure to resist catastrophic events.

Veteran Chicago-based public finance attorney Chuck Katz has joined Polsinelli PC as the firm continues to build its business nationally across legal practices.

Standard & Poor's on Jan. 8 raised to investment grade the underlying rating of Citrus Valley Health Partners' certificates of participation and gave the COPs a positive outlook.

Inflation, which surprised to the downside last year "remains a wildcard" for the Federal Open Market Committee this year, according to St. Louis Federal Reserve Bank President James Bullard.

The municipal bond market rallied through Friday afternoon with shrinking yields after a U.S. government report showed few new jobs were added in December.

The New Mexico Supreme Court's ruling in favor of the state's new pension reform law is a positive credit factor for the state, according to Moody's Investors Service.

Moody's Investors Service withdrew its Ca ratings on Jefferson County, Ala.'s sewer warrants as a result of the county's exit from bankruptcy.

California's drought could have negative financial impacts on some of the state's public power agencies, according to a report from Fitch Ratings.

Jefferson County's exit from Chapter 9 bankruptcy sparked interest in general obligation bondholder protections in Alabama, Moody's Investors Service said.

The frenetic scramble for Massachusetts resort casino licenses has generated a host of intricate, juicy moving parts -- bizarre, even by Bay State standards.

A coalition representing Detroit retirees sued in federal court to block the city from implementing health care changes that would shift older employees to Medicare and younger ones to the state-based health care exchange.

Connecticut's overall debt has fallen by 15% over the past three years, budget chief Ben Barnes said in a report that generated back-and-forth partisan sniping.

Municipal bond yields plunged Friday morning after a U.S. jobs report showed the economy may not be improving as quickly as expected.

Municipal bond mutual funds recorded their lightest outflows since May 22, when they last registered inflows.

The value of wholesale inventories rose 0.5% in November while sales jumped 1.0%, data released Friday morning by the U.S. Commerce Department showed.

U.S. inflationary pressures were slightly higher in December, as the U.S. future inflation gauge climbed to 100.7 from the revised November 100.4 reading, originally reported 100.3, according to data released Friday morning by the Economic Cycle Research Institute.

Federal Reserve Bank of Richmond President Jeffrey Lacker said economic growth this year will "subside" to 2 percent while inflation will rise toward the Fed's 2 percent goal over the next year or two.

The U.S. December employment report was weak, with a 74,000 payrolls gain well below average and enough doubt about the recalculation of the lower 6.7% unemployment rate for us to ignore this indicator for now.