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Most of the blame is placed on overall poor marketplace performance, strict monetary policy, and the war in Ukraine. 

The 150-acre facility is expected to create about 200 local full-time positions and between 500 and 1,000 indirect local jobs.

The top municipal underwriters accounted for $359.725 billion in 7,896 issues in 2022, down from $457.080 billion in 11,860 transactions in 2021.

"There was strong demand for the Pennsylvania Housing Finance Authority deal, which was three times oversubscribed," said a New York trader.

While the bill has wide support in the Puerto Rico House of Representatives, the Oversight Board has yet to offer its opinion.

The SEC is required to consult with municipal market participants when crafting the new disclosure data standards.

Rep. Jason Smith sold colleagues on his intentions to strictly oversee the Biden administration.

President Biden asked Treasury Secretary Janet Yellen to stay in her post, and she agreed, a White House official familiar with the matter said.

The CTA and its fiscal parent, the Illinois RTA, will try to build a coalition for future funding to face the fiscal reckoning after federal COVID-19 aid ends.

The JPMorgan Chase CEO said the Federal Reserve's rate hikes might need to go beyond what's currently expected, but he's in favor of a pause to see the full impact of last year's increases.