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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UBS will compensate a Texas school district, which was forced to resell bonds after the state attorney general rejected the investment bank's contract to purchase the debt.
May 12 -
A proposed IRS regulation boosts the amount of bonds that can be guaranteed by nearly 86% to about $218 billion.
May 12 -
The measure, which passed both legislative chambers in lopsided votes, would strip the governor of his sole ability to appoint turnpike board members.
May 12 -
A bill passed this week would place a measure on the November statewide ballot to prevent growing home values from raising property taxes.
May 10 -
Harris Health System is asking Harris County to place a bond proposition on the November ballot.
May 8 -
The resignation comes after the bank was placed on the state treasurer's list of fossil fuel industry boycotters.
May 5 -
The placement of Wells Fargo, JP Morgan Chase, and Bank of America on the list makes them ineligible for state and local government contracts.
May 4 -
The House is holding onto the bill until an agreement is reached with the Senate on public school funding.
May 3 -
The Chapter 11 filing follows defaults by nonprofit Legacy Cares on $284 million of mostly tax-exempt bonds sold through the Arizona Industrial Development Authority.
May 2 -
Public school districts account for most of the bonds on ballots as some need to finance new facilities to accommodate rising enrollment.
May 1
