The Latest

The bondholders have a lien on what has been received and not on what will be received, according to the Oversight Board and Unsecured Creditors.

The Federal Aviation Administration's fourth round of funding through the Airport Improvement Program covers 320 grants in 46 states.

Dolton's unfunded expenditures have soared since 2021, resulting in a negative $3.65 million balance in its general fund, Lori Lightfoot told village trustees.

The private Massachusetts college is partnering with the Collegiate Housing Foundation to address a good problem for a Northeast school to have: rising demand.

Muni returns so far in August are in the black, with the Bloomberg Municipal Index at 0.53% this month and 1.04% year to date. High-yield continues to outperform with returns at 0.68% in August and 5.99% in 2024.

As governor of Minnesota, Tim Walz has proposed some sweeping investments, including a $3.3 billion bonding bill that was the largest in the state's history.

Texas' largest school district, which was taken over by the state last year, is seeking voter approval for bonds for the first time since 2012.

In an environment characterized by dwindling enrollment, slowing revenues, and the end of COVID-19 federal aid, small private universities are struggling to remain afloat.

California and Oregon are experiencing yet another record-setting year of wildfires amid increasing uncertainty about FEMA and property insurance backstops.

The past several trading sessions have seen "crazy volatility," said Jennifer Johnston, director of research of municipal bonds at Franklin Templeton.