Detroit’s Bankruptcy Case Officially Closes After Financial Turnaround
Detroit’s historic municipal bankruptcy case officially closed May 20, ending formal federal oversight after 12 balanced budgets and a return to investment-grade credit.
Credit Ratings
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Houston’s credit outlook turns stable after budget changes
Houston TX — S&P revised the city’s general-obligation outlook to stable on June 25 after budget changes narrowed the FY2027 gap, but the fix still has to hold.