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I-95 Collapse to Lift Prices of East Coast Goods, Buttigieg Warns

(Bloomberg) US Transportation Secretary Pete Buttigieg said there’s “no question” the collapse of a section of Interstate 95 in northeastern Philadelphia will result in higher prices of goods on the East Coast. Most Read from BloombergElizabeth Holmes Objects to $250-a-Month Victim Payments After PrisonInstant Pot and Pyrex Maker Instant Brands Files BankruptcyUS Inflation Slows, Giving Room for Fed to Pause Rate HikesPutin’s Economic Forum Puts Russia’s Isolation on DisplayAmericans Say They ....

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I-95 collapse in Philadelphia not expected to carry credit implications

I-95 collapse in Philadelphia not expected to carry credit implications
bondbuyer.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bondbuyer.com Daily Mail and Mail on Sunday newspapers.

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The Philadelphia story: Moody's upgrade; S&P outlook change

"Our ratings reflect the progress the city has made over time on important issues like rebuilding reserves and improving the health of our pension fund," said Philadelphia Treasurer Jackie Dunn. ....

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Philadelphia's new mayor will have to handle the city's biggest expense, pension funding, with the threat of recession

The city's largest expense is "locked into" the budget, its leader insists. ....

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Distressed no more: After 30 years, Scranton moves past Act 47

“We are working hard to secure the city’s financial health now and for future generations,” said Scranton Mayor Paige Cognetti. ....

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