Tag: bonds
Federal Reserve leaves interest rates unchanged
WASHINGTON (AP) – The Federal Reserve on Wednesday emphasized that inflation has remained stubbornly high in recent months and said it doesn't plan to...
Bank of America’s Q1 profits fall 18% on higher expenses, charge-offs
NEW YORK (AP) – Bank of America Corp. said on Tuesday its first-quarter profits fell 18%, as the bank dealt with rising expenses due...
Voters usually say yes to bond issues. Are local, state officials...
It’s not a great time to borrow.
Talk to anyone who recently took out a mortgage or a car loan, now paying interest rates not...
Lifespan considering $300M bond issue for construction projects
PROVIDENCE – Lifespan Corp. is eyeing the possibility of issuing approximately $300 million in tax-exempt bonds to fund several projects, including construction, expansion, remodeling...
Wall Street closes higher but still ends week in the red
Stocks on Wall Street shook off a downbeat start and ended broadly higher Friday, though the rebound was not enough to erase their losses...
Moody’s affirms credit rating, economic outlook for R.I. Airport Corp. bonds
PROVIDENCE – The quasi-public agency that controls state airports continues to face moderate credit risk and a stable economic outlook, according to recent ratings...
Moody’s assigns ‘Aa3’ rating for RIHEBC Pawtucket bonds
PROVIDENCE – Moody’s Investors Service recently assigned strong ratings to $34 million in revenue bonds issued by the Rhode Island Health and Educational Building...
Fitch, Moody’s offer strong ratings for $135M in state capital bonds
PROVIDENCE – Credit risk is low and bond quality is high for the $135 million in soon-to-be-sold state bonds for capital projects, according to...
Fitch assigns ‘AAA’ rating to R.I. Infrastructure Bank bonds
PROVIDENCE – Fitch Ratings has assigned an “AAA” rating and stable outlook to $127.9 million in bonds issued by the Rhode Island Infrastructure Bank,...
This step could ease R.I.’s pension woes
Rhode Island’s pension problems are back in the headlines with Providence Mayor Jorge O. Elorza’s proposal to issue a pension obligation bond for approximately...
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