The Latest

A Pioneer Institute report cited “a persistent trend” of high-income earners leaving high-tax states for low-tax ones.

Lee Igel of New York University's Tisch Institute for Global Sport explores what's behind the mad scramble among states to legalize sports betting. Paul Burton hosts. (15 minutes)

High-yield continues to be sought after as high-grade paper is yielding about 0.70% in 10 years and 1.40% or lower in 30 years and credit spreads continue to tighten in nearly every sector. Ratios are near 20-year record lows.

Acacia and Estrada grew substantially.

Michelle Getz was named a partner of the Equitable Facilities Fund.

McCall Parkhurst & Horton and Norton Rose Fulbright moved up in 2020 to second and third.

The coronavirus emergency spending bill enacted by Congress in December included a provision enhancing the Low-Income Housing Tax Credit so it’s a true 4%.

Federal Reserve Bank of Minneapolis President Neel Kashkari on Monday became the latest central bank official to push back against the idea that the trading frenzy in GameStop Corp. and other hot stocks calls for a monetary policy response.

Attractive returns are pushing investors into high-yield at a time of historically low interest rates and a shortage of muni volume, but caution is warranted as COVID-19 still looms.

This year's pension debt volume could match that of 2020, which was the highest since the financial crisis year of 2008, industry leaders say.