Finance

Is Atlantic City Headed for Bankruptcy?

America’s Playground recently had its credit rating downgraded to junk status, and the state is unwilling to take over its finances.

Obama Proposes P3 Tool to Help States Finance Infrastructure

In his State of the Union, the president proposed expanding a program that encourages state and local governments to pay for infrastructure projects with public-private partnerships.

How 2014 Gave States a Financial Wake-Up Call

While budgets were more stable last year, several states still tapped into their reserves.

Do Credit Ratings Matter Anymore?

Thanks to changes in the market, bond ratings don’t mean what they used to.

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