Karen is a senior reporter covering the Southwest. She has covered the municipal bond market for more than 30 years at The Bond Buyer and Reuters. Prior to that she wrote about futures and options markets for magazines and was an award-winning reporter for a suburban Chicago newspaper chain.
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The state comptroller forecasts a $23.8 billion budget balance at the start of fiscal 2026-27, down from a record $39.4 billion for fiscal 2024-25.
By Karen PierogJanuary 14 -
Wish lists for new or improved professional sports venues are piling up with Oklahoma City poised to vet financing proposals for a downtown basketball arena.
By Karen PierogJanuary 14 -
The rating agency said the district's strong management helped boost its ratings ahead of an $806 million bond issuance slated for Jan. 22.
By Karen PierogJanuary 10 -
The Texas Attorney General will end reviews of Bank of America, Morgan Stanley and JP Morgan after the banks recently left the Net-Zero Banking Alliance.
By Karen PierogJanuary 8 -
The bank, which has been under review by the Texas attorney general over its involvement in the Net-Zero Banking Alliance, said it is leaving the group.
By Karen PierogJanuary 7 -
After selling $500 million of revenue bonds in 2023, the turnpike authority could return to the market later this month with a $1.3 billion issue.
By Karen PierogJanuary 7 -
Large bond sales are expected this year for airports undergoing major expansion projects in Denver, Dallas, Houston, and Austin amid rising passenger traffic.
By Karen PierogJanuary 7 -
BofA and Morgan Stanley left the Net-Zero Banking Alliance, but there was no word from the Texas attorney general on their status as bond underwriters in the state.
By Karen PierogJanuary 3 -
Prolific debt issuance by Texas school districts, state issuers, and others drove muni volume to a state record in 2024, easily surpassing 2023's $59 billion.
By Karen PierogDecember 31 -
Six Texas cities sued the state comptroller over a rule that altered where sales taxes would be collected on certain online purchases.
By Karen PierogDecember 26