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You Searched For "Municipal Debt" and got 20 results


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Rosalie Chan   


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2 mins read

$10 billion of Chicago's debt was just downgraded to one level above junk

"Fitch believes last week's Illinois Supreme Court ruling striking down pension reform legislation …

Bob Bryan   


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1 min read

S&P cuts Illinois' debt rating and warns it's at risk of entering a 'negative credit spiral'

"The rating actions largely reflect the severe deterioration of Illinois' fiscal condition, a bypro…

Jonathan Garber   


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4 mins read

Puerto Rico's Debt Crisis: Puerto Pobre

Puerto Rico's problems have not yet had much effect beyond its shores. Its debt is held mainly by m…

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4 mins read

Puerto Rico's Debt Crisis: Puerto Pobre

The economy has big structural problems. Participation in the labour force, at 41%, is some 20 perc…

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3 mins read

AMERICA'S DEBTORS' PRISONS: If You Are Poor, Don't Get Caught Speeding

That same judgment accused Harpersville of operating a "debtors' prison", though the judge noted th…

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4 mins read

7 Questions About The Puerto Rican Debt Crisis You Were Too Embarrassed To Ask

García Padilla administration members have been aggressively making their case to investors and bus…

Rob Wile   


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1 min read

REPORT: The SEC Is Checking To See If Any Funds Are In Danger Of Blowing Up If Puerto Rico Goes Down

"Securities law experts said the SEC probes appear to be aimed both at understanding the potential …

Rob Wile   


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3 mins read

Goldman Sachs Defines The Word 'Default'

The term "default" has been used to mean a number of different things in the context of the debt li…

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3 mins read

If You Thought You Couldn't Go To Prison For Debt Anymore - You're Wrong

As a result of our report and intervention, Jack's life has taken a dramatic turn. Since we release…

Mike Brickner, ACLU   


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4 mins read

Local Government Debt And Environmental Issues Will Top Agenda During China's Upcoming National People's Congress

"These reform measures include: (i) opening up of the municipal bond market to local governments; (…

Mamta Badkar   


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1 min read

How Money Goes In And Out Of A College [FLOW CHART]

"As shown in Exhibit 6, tuition is the biggest revenue driver for both public and private higher ed…

Sam Ro   


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4 mins read

A boomer from Texas retired in Panama for the low cost of living and lifestyle. She said it feels like 'Christmas every day.'

Saundra Lohr, 68, retired in Panama after living in Texas. She loves the quality of life and afford…

John Towfighi   


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7 mins read

What office meltdown? Developers see a shortage of high-end space and are rushing to build it.

Tenants like Citadel, JPMorgan, and Meta have sought new top tier offices. Little of it has been bu…

Daniel Geiger   


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2 mins read

Americans' growing wealth points to a boom in a tax-exempt corner of the bond market

Adjusted gross income in the US spiked 17.7% to $2.2 trillion in the 2021 tax year, the highest yea…

Yuheng Zhan   


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2 mins read

Detroit put up a $400,000 Hollywood-style sign that residents think is so ugly they are making diss tracks about it

Detroit commissioned a large sign as it gets ready to showcase its economic recovery on NFL Draft d…

Kenneth Niemeyer   


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4 mins read

Detroit is getting ready to host the NFL draft a decade after going bankrupt

Mayor Mike Duggan said the draft will be "a chance to reintroduce Detroit to America" 10 years afte…

George Glover   


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3 mins read

Allie Kelly,Noah Sheidlower   


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3 mins read

This college town is experimenting with giving low-income entrepreneurs and gig workers $12,672, no strings attached

A guaranteed basic-income program in Ann Arbor is giving small business owners $528 a month, no str…

Allie Kelly   


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4 mins read

Here's where funding comes from for guaranteed basic-income programs giving money with no strings attached to low-income Americans

Basic income programs in San Antonio, Austin, Denver, and Atlanta draw funding from federal relief,…

Allie Kelly,Noah Sheidlower