California

Lawmakers approved a Golden State Stimulus that provides relief to businesses and $600 checks to low-income residents on the strength of an earlier-reported surplus.

The City Council rebooted the bidding process after 101-year incumbent SDG&E was the lone bidder in last year's process.

San Diego’s regional planning agency is trying to figure out what the world will look like after the pandemic recedes.

Inflows return, stimulus set, new deals on fire — the municipal market reaped all the benefits. Initial jobless claims dropped more than expected in the week, as reopening continued slowly, but the total remains higher than any week before the COVID crisis hit.

The governor spotlighted his five-year infrastructure spending plan during the speech held amid the threat of a recall.

The Investment Company Institute reported outflows from municipal bond mutual funds but inflows into exchange-traded funds. The February consumer price index came in as expected, while the core was below expectations, and analysts expect bigger rises ahead.

They assumed their jobs over the past year in the face of a pandemic, civil unrest and financial uncertainties, and in an industry often set in its ways.

Fitch Ratings downgraded Anaheim's bonds on Friday, as the governor announced amusement parks and stadiums could open April 1.

The legislation penalizes school districts who don't resume in-person instruction for some younger students and those most disadvantaged by online learning.

With the reset in yields in the rear view, valuations — especially relative to Treasury — will likely support continued robust demand.