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Illinois received two downgrades Thursday, bringing it closer to a junk bond rating.
June 1
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Moody's Investors Service has lowered the rating on the State of Illinois' general obligation (GO) bonds to Baa3 from Baa2, amid a prolonged political impasse that has prevented progress on a growing pension deficit and an increasing backlog of unpaid bills
June 1
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New Jersey’s Atlantic County was revised to stable from negative by Moody’s Investors Service.
June 1
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Connecticut-based insurance behemoth Aetna confirmed relocation talks with other states.
June 1
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A California company will use private activity bonds to spin rice straw into a construction product.
June 1
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Illinois took a one notch downgrade from S&P Global Ratings leaving its general obligation debt at BBB-minus.
June 1
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Municipal bond volume dropped for a fourth straight month in May, falling 19.8% from a year earlier as new money deals failed to take up the slack from a plunge in refundings.
May 31
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Wayne County, Michigan hopes to parlay positive credit news into savings on an upcoming jail project issue.
May 31
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New Jersey Economic Development Authority cigarette tax bonds were revised to negative by S&P Global Ratings.
May 31
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An 11-year decrease in Kentucky's workforce upended a key formula underpinning its pension system.
May 31
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Hartford, Conn.’s Ba2 rating is under review for a downgrade, said Moody's Investors Service.
May 31
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New York's mayor and comptroller will vote to bar the city from entering into new contracts with Wells Fargo.
May 31
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Prospects are bleak for a breakthrough on Illinois’ two-year-old state budget stalemate.
May 31 -
A court heard Scranton's arguments against a lawsuit challenging an increase to the local services tax.
May 30
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Chicago's departing budget chief says budget gains will help the city resolve its pension problems.
May 30
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The Bond Buyer presents a special Memorial Day podcast with three U.S. military veterans who are now working in munis. Matthew Murawski of Drexel Hamilton, Steve Kay of Academy Securities, and Jonathan Herrick of Mischler Financial Group talk about their lives and careers, their introduction into the world of public finance and their advice for service men and women looking to enter municipal finance field. Hosted by Chip Barnett.
May 30
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Municipal supply is set to drop to less than $5 billion after the long weekend as the market struggles with a lack of supply.
May 26
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Moody's Investors Service places Mercy Hospital's (IA) Baa2 rating under review for downgrade, affecting approximately $74 million of rated debt.
May 26
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New York City Council members chided Mayor Bill de Blasio for misaligned capital commitments.
May 25
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S&P Global Ratings raised its long-term rating and underlying rating to 'AA+' from 'AA' on Cleveland's limited-tax general obligation (GO) bonds.
May 24
