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Without commenting on the legal merits laid out so far in the case, an appellate court panel concluded the lawsuit met the threshold to proceed as a taxpayer action.

In a special session that starts Monday, the Tennessee General Assembly will decide whether to offer limited liability protection from coronavirus claims from employees.

Munis rallied all along the curve Thursday, with long end yields down by as much as four basis points.

The board re-elected Sisk as MSRB chair amid the pandemic and an ongoing search for a new CEO.

Brown convened the special session for budget talks, but also anticipated talk on policy items, like police reform.

Changes to the MSRB come a year after the proposal of legislation that would decrease the size of the board and increase the cooling off period for public board members.

Initial jobless claims were lower after two weeks of increases, suggesting the trend may be downward again.

Money managers say investors should be cautious, monitor credits, both high-yield and high-grade, and keep an eye out for taxable issuance.

'How long, and how deep this will be?' Taxables, election, low-interest rates — how do these issues affect our market? Sylvia Yeh of Goldman Sachs Asset Management talks to Lynne Funk, innovation market editor (25 min)

This despite being 3.1% ahead of the oversight board’s May 27 projection.