Regional News

The larger tax-exempt portion of the bonds reportedly were 18 times oversubscribed.

Analysts say the drought, which is expected to continue for at least several months, could have economic impacts.

PREPA bondholders asked the court to allow actions against Puerto Rico's central government, which they say undermined the authority's ability to pay its bonds.

The city brings $122.2 million of GO bonds to market next week, believing its investment-grade ratings outweigh the defaults of the Puerto Rico government.

Missouri voters on Tuesday soundly rejected Amendment 5, which would have eliminated the state income tax and given lawmakers latitude to raise other taxes.

Indiana lawmakers are considering two more far-reaching property tax reforms before Senate Enrolled Act 1 has even been fully phased in.

Budget Director Annette Guzman left her role Monday, Chicago Mayor Brandon Johnson said, in the latest high-profile finance departure from his administration.

Two hospital deals were among the first to price Monday, including $1.317 billion for Henry Ford Health and $1.118 billion of bonds for Intermountain Health.

Two muni veterans are joining PNC's public finance team.

Philadelphia has spent the last decade building up its reserves and pension funds. A state oversight board says it can keep doing so for another five years.

Maryland has inked an $85 million deal to secure the rights to the Preakness Stakes by authorizing the Maryland Economic Development Corp. to issue revenue bonds to fund the sale.

City governments' circumspect approaches to AI could likely be attributed to varying public perception. 

 A default under the concession agreement could result in termination of the project, according to an analyst.

Democratic senators have asked Commodity Futures Trading Commission to rein in prediction "wagers."

Fitch Ratings raised the outlook on two series of sales tax revenue bonds structured as a TIFIA loan.

A California-based technology company was early in the contract phase of acquiring land in Oregon's capital city to build a data center.

The city took the measure to partially address a shortage in its general fund.

The world's busiest airport by passenger count is issuing bonds to support its sizable capital program.

But a toll-backed public-private partnership remains possible for the more than $1 billion project.

If the referendum passes, it is expected to have major impacts on the finances of local governments in Florida.

The Texas city plans to bring general obligation bonds, certificates of obligation and tax notes to market later this month.

The Texas city's general obligation rating was lifted to Aa2 with a stable outlook from Aa3 based on "meaningful" moves taken in its fiscal 2027 budget.

Two hospital deals were among the first to price Monday, including $1.317 billion for Henry Ford Health and $1.118 billion of bonds for Intermountain Health.

The city moved to a less-restrictive Stage 2 drought status for water use in another sign after recent rain that a water supply emergency is no longer imminent.