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Te legislation, headed for Gov. Tom Wolf's desk, is a response to a court ruling that Scranton exceeded limits under state law from 2015 to 2017.
July 21
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Junk-rated city's shaky financial conditions before the COVID-19 pandemic is worsened by casino industry woes.
July 10
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Rolette County affirmed its commitment to make a July jail lease payment as Moody's reviews the impact of the temporary jail closure on the county's books.
July 8
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The Queens Ballpark Co. LLC bonds for Citi Field were lowered to BB-plus from BBB by S&P, which cited uncertainties about the baseball season.
June 5
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S&P Global Ratings analysts say bookings that are two to three years out are already being canceled.
April 23
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The downgrade brings Fitch into alignment with Moody's and S&P, and the negative outlook leaves Illinois without any rating room above speculative grade.
April 16
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Skilled nursing facilities and long-term care are deluged by the pandemic, adding financial stress for a sector that issues unrated and speculative grade debt.
April 14
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The Fitch rating on the bonds, issued as part of the Midwestern Disaster Area authorization, remains deep in junk.
February 25
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The Atlantic City casino industry kicked off 2020 with another year-over-year gambling revenue gain.
February 13
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A proposed asset sale would resolve — with a loss for bond investors — one of five Better Housing Foundation-owned portfolios in default in the Chicago area.
February 5
