Sri Taylor

Massachusetts Eyes Mansion Tax To Fund Affordable Housing

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The initiative mirrors a measure recently spurned by Chicago voters.

Junk Market Flashes Warning As Fed Eyes Higher Rates For Longer

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The ratio between companies' earnings and their interest expense has fallen to the lowest level since the pandemic.

High-Yield Default Rate To Climb As Pressures Mount, Fitch Says

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The credit grader expects the high-yield default rate to be as high as 5% by the end of this year.

U.S. Life Expectancy Sees Biggest Two-Year Decline In A Century

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Half of the 2020-2021 life expectancy decline can be traced to Covid-19, another 16% was related to unintentional injuries.

Muni-Bond Niche Defies Sales Slump As Banks Seize On Cheap Rates

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Issuance of so-called prepaid gas bonds have jumped to some $6.5 billion this year.

Hospital Muni-Bond Issuance On Track For Slowest Year Since 2014

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Hospitals are pulling back municipal debt issuance in the midst of the ongoing Covid-19 pandemic.