The Latest

Moody's Ratings revised the outlook to negative from stable but affirmed the A1 rating on the CTA's senior lien sales tax bonds.

Citibank, which holds the government funds, said it froze the money following a request from the FBI.

California Insurance Commissioner Ricardo Lara wants the prospective rate hike discussed at a public hearing in April before he formally approves it.

Mayor Brandon Johnson's team wants the Chicago Public Schools to refinance debt to free up money for a pension payment to the city.

All of fiscal 2025 will be funded under a continuing resolution instead of the traditional appropriations package.

The Trump administration has dealt several blows to an already-battered sector. 

A review of the biggest issues in various public finance sectors in 2024.

Gov. Josh Stein said in his State of the State address too many schools are overcrowded or decrepit.

March had been expected to be difficult due to a "combination of heavy supply, low redemptions, rate volatility, tax-related selling and now fund outflows," said Barclays strategists Mikhail Foux and Grace Cen.

The Department of Transportation is signaling moves away from Biden-era infrastructure spending tied to environmental concerns and heading back to more formula funding, which is welcome news for transportation heads.