(The Center Square) — Credit rating agency S&P placed a credit watch warning on Los Angeles’s general obligation and municipal improvement lease revenue bonds, signaling at least a one-in-two chance that the agency could “take a negative rating action during the next 90 days.” L.A.s general obligation bonds are currently rated at AA, while its
The BOK will increase scrutiny of crypto markets and non-bank finance, and will also modernize currency markets for 24-hour foreign exchange trading, he said....