USA News and Economic Updates
Exeter Automobile Receivables Trust notes see Fitch upgrades and negative outlooks
Credit performance in two Exeter Automobile Receivables Trust auto loan securitizations remains under pressure even as some note classes gain stronger support from higher credit enhancement. Fitch ...
Johns Hopkins Health System rating affirmation supports stable U.S. healthcare credit outlook
Johns Hopkins Health System retains its 'AA' credit rating as strong financial results and steady patient demand continue to support its credit profile. The stable outlook signals expectations for ...
Bipartisan U.S. senators urge Trump to rescind Russia diesel market agreement
A bipartisan group of U.S. senators is pressing President Donald Trump to reverse a recent agreement that allows Russian-origin diesel fuel into global markets. The lawmakers argue the move ...
Trump administration to expand Delek Texas refinery under Defense Production Act
With fuel affordability emerging as a key political issue ahead of November's midterm elections, the Trump administration is moving to raise refining output in Texas. The plan targets Delek U.S. ...
Galderma agrees to buy ZO Skin Health in $1.5 billion skincare deal
Swiss skincare group Galderma has agreed to acquire medical-grade skincare company ZO Skin Health for about $1.5 billion, in a move that strengthens its expansion in the U.S. market. A transaction ...
Anthropic seeks D.C. rehearing over Pentagon blacklist of AI models
A legal fight over U.S. military access to commercial artificial intelligence tools is entering a new stage as Anthropic asks a federal appeals court in Washington to revisit a ruling that upheld ...
Cerebras CEO urges AI industry to rebalance risk messaging
As debate over artificial intelligence intensifies, Cerebras Systems CEO Andrew Feldman says repeated doomsday warnings are overshadowing the technology's commercial and social potential. Speaking ...
Air Force Villages bonds affirmed at BB with stable outlook in Texas
Amid rising costs and demographic shifts, Air Force Villages retains a stable credit profile as it continues to run its independent living community in Texas. The affirmed 'BB' rating signals ...
Petroquímica Comodoro Rivadavia rating affirmed at B by Fitch
Argentina's petrochemical sector remains under pressure from inflation and currency volatility, yet Petroquímica Comodoro Rivadavia keeps a stable credit standing. Fitch Ratings affirms the ...
Illumina secures Fitch F2 short-term ratings in U.S. biotech market
Amid tighter competition in biotechnology, Illumina receives new short-term credit ratings that underscore its standing in genomic sequencing. The assessment points to the company’s capacity to ...
AASET 2024-2 notes affirmed as Fitch sees stronger aviation ABS coverage
The AASET 2024-2 aviation asset-backed securities transaction keeps its investment-grade ratings after note balances decline ahead of schedule and collateral metrics improve. The review also comes ...
Digi Communications rating affirmed by Fitch with stable outlook
Digi Communications keeps its 'BB' long-term issuer rating as the telecom group continues to balance fast international expansion with pressure on cash flow and margins. The stable outlook ...
OBX 2026 NQM16 Trust gains Fitch expected ratings for U.S. mortgage-backed deal
The expected ratings on OBX 2026 NQM16 Trust highlight continued investor focus on structured mortgage products in the U.S. market. The transaction is backed by a geographically diverse pool of ...
DDC 01 Propco LLC wins BB- Fitch rating as CoreWeave lease underpins data center debt
A long-term lease tied to CoreWeave is supporting investor visibility over cash flow at DDC 01 Propco LLC's data center project. Fitch Ratings assigns the issuer a 'BB-' Long-Term Issuer Default ...
Nordic Paper outlook cut to stable as Fitch affirms B+ rating
Nordic Paper faces a slower recovery in its financial metrics after weaker trading over the past 12 months weighs on deleveraging and free cash flow. Fitch still maintains the company's 'B+' ...
Providence, RI credit ratings affirmed by Fitch with stable outlook
Providence retains its current credit standing as reserve levels remain above the threshold Fitch links to its financial resilience assessment. The agency says unrestricted reserves improved to ...
KBRA assigns preliminary ratings to EFMT 2026-CNF1 mortgage-backed deal
The latest residential mortgage-backed securities issuance in the U.S. market is moving through the ratings process with a pool backed entirely by first-lien, owner-occupied loans. The $294.1 ...
KBRA affirms New Orleans sewer board WIFIA loan at A+, shifts outlook to negative
Mounting concerns over governance, billing and delayed rate increases are weighing on the credit profile of the Sewerage and Water Board of New Orleans even as its core financing rating remains ...
Carroll County, Maryland GO bonds win AAA rating ahead of 2026 sale
Carroll County, Maryland is preparing to bring $19.15 million of public improvement bonds to market with top-tier credit ratings intact. The competitive sale is scheduled for Oct. 22, and the ...
Spotsylvania County wins AAA rating for $82 million bond sale
Spotsylvania County, Virginia is preparing to bring $82 million of general obligation public improvement bonds to market in late October to fund roads and other public facilities. The top-tier ...
Massachusetts dedicated transportation revenue bonds rating highlights low credit risk
Massachusetts' dedicated transportation revenue bond program is entering a new phase with the first bonds sold under an updated trust agreement. The rating reflects diversified pledged revenues, ...
