The upgrade reflects progress and ongoing development at Hudson Yards that has led to increased payments in lieu of taxes, said S&P credit analyst Felix Winnekens.

The firm, without admitting or denying the findings, agreed to pay a $60,000 civil penalty.

Bond Buyer Senior Reporter Caitlin Devitt joins Bond Buyer Executive Editor Kyle Glazier to discuss the looming government shutdown and the progress of the historic bipartisan infrastructure law two years after its passage. (16 minutes)

S&P said the outlook revision reflects "our view that Pennsylvania has continued to make progress toward structural budgetary balance." Earlier this month, Moody's revised its outlook on the state to positive.

The MAMBA Act would modernize IRS rules affecting private activity bonds.

The Metropolitan Transportation Authority pledged in a legal settlement to devote nearly 15% of its capital plan to make more of its facilities accessible.

The nonprofit regional healthcare system reported six straight years of operational losses in its most recent financial report.

Moody's also affirmed the A3 rating on the MTA's $20.6 billion of transportation revenue bonds.

As the Disaster Relief Fund runs dry, FEMA asks Congress for appropriation renewal.

The GOP stopgap funding measure may only kick the can down the road for a month, but how this bill passes will have implications for how Congress feels about additional spending measures.

The amendments exempt those who've already qualified as a municipal advisor representative from retaking the Series 50 exam.

"Patrick has an excellent ability for not only understanding the complexities of the healthcare sector but connecting with our customers and telling the credit story in a way that provides meaningful and value-driven analysis to the market," said S&P Senior Director Stephen Infranco.

Securities and Exchange Commission chairman Gary Gensler, speaking in front of the Senate Banking Committee, defended his tenure and the 22 rulemaking proposals he's adopted in the last few years.

AI will be part of a new tax-enforcement effort that will target high-income earners, partnerships, and large corporations.

"Pennsylvania's positive outlook is based on the significant increase in budget reserves over the past three fiscal years to levels consistent with higher-rated peers," Moody's said.

The World Bank director and former top Labor Department economist will become the first Fed governor of Hispanic descent and will give the board a full compliment of members since former vice chair Lael Brainard resigned in February.

Philip Jefferson was the Biden administration's pick for the Fed's number two position following the departure of Lael Brainard earlier this year. Two more Fed nominees are expected to get confirmation votes this week.

Investor-owned Georgia Power will recover from ratepayers capital costs for the over-budget construction of two new nuclear reactors, if a state board approves.

Moody's credited generally sound fiscal practices, good governance and federal aid with the likelihood that Maui County and the state would retain their current credit ratings.

The upgrades mark the second in a year for the tollway authority's ratings, which were raised last August by S&P Global Ratings.