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Poor returns piled another $2 billion onto Chicago's pension tab, but it won't add to the already $280 million contribution spike looming next year, according to its new CAFR.
July 8
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A bailout of FirstEnergy Solutions Ohio nuclear plans would enhance what can be paid to bondholders under the company's Chapter 11 reorganization.
July 5
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It's reinvestment season and the market is poised to consume about $7 billion, with California State University and San Jose on the menu.
July 5
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After Gov. Ron DeSantis signed the bill into law, Moody's Investors Service downgraded Miami-Dade County Expressway Authority debt.
July 5
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California retained its top spot in total volume, but New York State dominated with deal size, with two deals in the top five and five in the top 10.
July 5
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The number of states levying special annual registration fees on electric vehicles has risen by seven this year to 27 as governments seek new ways to fund transportation.
July 5
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The top municipal bond underwriters have outperformed their 2018 first halves in both volume and transactions year over year.
July 5
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Moody's Investors Service revised the outlook on its A2 rating for Yonkers, New York, to negative from stable.
July 5
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The Federal Reserve reiterated its openness to cutting interest rates to extend the longest U.S. economic expansion on record while noting that the pace of growth had slowed in the second quarter of 2019.
July 5
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The Federal Reserve should reduce interest rates even though the economy is strong and the latest payrolls report was positive, said Larry Kudlow.
July 5
