(Bloomberg) Detroit is poised to mark the 10th anniversary of its historic bankruptcy by tapping the municipal bond market for $100 million of financing, most of which will go toward its program of reviving blighted neighborhoods.Most Read from BloombergSingapore Minister Faces Most Serious Graft Probe Since 1986DeSantis Says No Thanks to $377 Million in US Energy FundsSaudi Arabia’s PIF Wealth Fund Takes $11 Billion Investment HitUS Inflation Hits Two-Year Low, Giving Hope for End to Fed Hik
From Bloomberg: Large U.S. cities are facing a 'looming trifecta' of pressures as remote-work continues to depress office valuations, weaken tax collections and limit public transit ridership, according to a report by S&P Global Ratings.
Remote Work Still Threat to US Cities Credit Quality, S&P Says bloomberg.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bloomberg.com Daily Mail and Mail on Sunday newspapers.