Washington state’s rating outlook was revised to positive from stable Thursday by S&P Global Ratings, citing the state’s growing economy and strong reserves. The outlook revision means there is a one-in-three chance the state could have its AA-plus rating upgraded to AAA by S&P over the two-year outlook period, said Oscar Padilla, an S&P director.
The complex relationship between municipal bond issuance and natural disasters is inspiring political debate and conflicting viewpoints with some experts predicting a tidal surge of issuance.  “With or without Congressional intervention, state and local governments are likely to expand medium and long-term borrowing programs to address climate change mitigation and adaptation,” said Tom Doe, president,
Astrobotic Technology on Tuesday confirmed there was “no chance” its lunar lander would be able to land successfully on the Moon, marking the end of a mission that was to have brought the US back to the lunar surface for the first time in 50 years. The Pittsburgh-based space company, which had hoped to be the
The municipal bond market is taking a wait and see approach about the departure of Mitch Landrieu, who has been operating under the unofficial title of “infrastructure czar,” as he prepares for a new role on President Biden’s campaign staff.   According to the Biden administration Landrieu oversaw, “over 40,000 infrastructure projects spread across 4,500 communities