Finance

The upgrade reflects the city's improved operating environment and structural financial improvement, the rating agency said.

Bank of America Chief Executive Officer Brian Moynihan said the U.S. has no need for negative interest rates because its economy is strong, unlike other regions that have employed the tricky strategy.

The last remaining deals of the week priced into a muni market that continues to perform strongly, as technical factors and drivers persist.

The deal, issued through the California Housing Finance Agency, is the first multifamily tax-exempt deal to qualify for the GSE's Green Rewards program.

Richard Taormina, head of Tax Aware Strategies at JPMorgan Asset Management, talks about the value of municipal bonds and focuses on performance, foreign demand and the effect of the tax reform legislation on the market. Chip Barnett hosts this podcast, which was recorded in early October.

The winner is Christian Beltran, a student at the University of Southern California’s Sol Price School of Public Policy.

The Finance Committee signed off on bond refinancing and revenue packages that are key to the 2020 budget, paving the way for a full city council vote.

Sustainable investing is called “the” trend to watch in 2020 and in the coming decade.

Moody's Investors Service raised the outlook to positive from stable on Palomar Health's junk-rated revenue bonds and investment grade general obligation debt.

In a working paper paper released by the Volcker Alliance on Wednesday, researchers said states need to do a better job of disclosing their infrastructure needs.

The action brings the state's issuer rating to Aa1, as well as upgrades to $1.5 billion in debt that is linked to the issuer rating.

Over the past three years, TD Securities has expanded its New York City-based team of public finance and sales and trading professionals.

Improved revenue growth prospects and strengthened financial resilience are the primary contributors to the outlook revision, the rating agency said.

The influx of issuance continued on Tuesday, with the largest deal of the week leading the way in the downpour of pricings.

Fitch Ratings upgraded the private institution in Biddeford, Maine, to A-plus from A-minus.

General Treasurer Seth Magaziner announced measures to encourage Rhode Island residents to buy state bonds.

Baird has hired underwriting specialist Bryan Derdenger to launch a Chicago-based desk

Investors are ready and waiting for another deal-driven week with an estimated $11.8 billion.

The action in the municipal market won't slow down yet, as bond hungry money managers will get a third week in a row of issuance greater than $11 billion.

P3 players are turning to smaller projects and taking on more partners, industry insiders told a Bond Buyer conference.