The Latest

Oklahoma can continue to collect income taxes from certain Native Americans in a case that threatened to cost the state millions of dollars in tax refunds.

Yorkville, Illinois, defaulted on special district bonds for Kendall Marketplace, a shopping center that never evolved into the expected retail powerhouse.

By hiring Silvia Shin, Ballard Spahr became Delaware's appointed bond counsel.

"We are entering a period during the summer months in which demand historically outweighs very limited supply, resulting in a supportive performance environment but more limited investment opportunities," said J. Robert Lind of Lind Capital Partners.

Chicago had a $161 million deficit in fiscal year 2024, according to the annual comprehensive financial report the city released on Monday.

The megabill now heads to the House, where Speaker Mike Johnson said a vote could come as soon as Wednesday.

Reduced ridership, political backlash, and zero-fare agencies are challenging transit system finances.

"I think your first question to them should be 'Are you from the future?,'" the deputy director of the SEC's Office of Municipal Securities said.

Issuance this year has been "relentless" since the start of the year, while historically the "new-issue machine" takes a while to get rolling, said Scott Diamond, co-head of AM Municipal Fixed Income at Goldman Sachs.

Questions over what to disclose in the bond document's risk section has concerned issuers for years, through issues like the pandemic to climate change, and now potential federal funding cuts.