The Latest

Gov. J.B. Pritzker warns of thousands of layoffs across illinois governments and a $1 billion hit to education funding if the federal government does provide relief.

Most panelists don't expect rates to budge in the three-year projection horizon.

About 500 of Raymond James' workforce will be cut because of a decline in earnings due to low interest rates and the pandemic-induced economic downturn.

Five specialists from the former BB&T Capital Markets, now part of Truist, are moving to Hilltop Securities.

Secondary trading picked up somewhat while the new-issue market saw a large amount of taxables in the negotiated space while Pennsylvania competitively sold $470 million of general obligation bonds.

A proposed financial transaction tax in aimed at bolstering tax revenues could cost the state Wall Street business, analysts warn.

With its ratings intact as it navigates the pandemic's impact, the large Illinois system is issuing new money and refunding bonds

Potential fiscal fallout from the police killing of George Floyd and the pandemic's economic strains brought a negative outlook to the city's AAA S&P rating.

Kelly Mitchell wants to solidify existing NAST initiatives in the coming year, such as expanding 529 college savings plans.

The move by New York's mayor could precede more citywide action in the absence of federal rescue aid or state-authorized long-term borrowing.