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Day: November 1, 2018

Atlantic City stays on hot streak as credit bump shows everything that dies one day comes back

About a year and a half after nearly becoming the first town in New Jersey since the 1930s to go bankrupt, Atlantic City’s financial outlook continues to improve, according to a Wall Street credit rating agency. Moody’s reported Thursday that the city’s “Long-Term Issuer Rating” has increased from Caa3 to B2 status since March, meaning […]

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