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PROMESA and the oversight board helped, but there is no economic plan going forward and recent government actions will create problems for the island's future, analysts said.
July 20
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Looking forward, a myriad of factors, including spiking fuel prices, fallout from the Russian invasion of Ukraine and the heat wave, “will facilitate recessionary(ish) economic outcomes by year end," noted an MMA report.
July 19
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Issuers come to market more often and with larger deals when muni bond funds are enjoying inflows, a new paper contends. But not all market participants agree.
July 19
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The West Lake Corridor and Double Track projects are billed as transformative projects to bolster local economic development by enhancing links to Chicago.
July 19
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Many local governments are taking this opportunity to partner with neighbors to help strengthen and build more ambitious projects across regions.
July 19
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The initiative would have raised income taxes on affluent Californians to benefit local health departments.
July 19
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A heat wave blasting Texas and other states is unlikely to lead to days-long blackouts as 2021's Winter Storm Uri did, the rating agency said.
July 19
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Estrada Hinojosa & Co., Stifel Nicolaus & Co. and CSG Advisors Incorporated moved into the top 10.
July 19
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Most top 10 issuers for 1H are from New York and California, with four from New York and two from California.
July 19
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Minor shuffling among the top municipal underwriters characterized the year-over-year differences, with Jefferies being the only newcomer to the top 10, replacing Robert W Baird & Co., which fell to 13th.
July 19
