The long-awaited jobs report paints a mixed picture for market participants: nonfarm payrolls increased by a greater-than-expected119,000 in September, but the unemployment rate rose to 4.4%.
Disruptions to air travel during the federal government shutdown has sharpened the focus on legislation that would divert funds from the Airport & Airway Trust Fund to pay salaries of air traffic controllers.
Fippinger teamed up with co-authors Peg Henry and Ernesto Lanza for "The Securities Law of Public Finance (Fourth Edition)."
Flows into high-yield muni mutual funds had slowed over the past several weeks, and the past two weeks have seen outflows.
The situation is worsening, driven by rising costs and AI revenue risks, the forecast warns.
The project was the Georgia's first revenue-risk P3 and lays the groundwork for future express lane P3s.
