California

The SEC is sorting out those charged with engaging in a large multi-year "flipping" and kickback scheme.

Fitch Ratings upgraded the city's issuer default rating to AA-minus from A-plus.

Owners of a Los Angeles complex had argued that their duty to provide affordable units ended when bonds were paid off.

Keely Bosler will take the helm at the department, replacing Michael Cohen.

S&P Global Ratings looked to 2017's California wildfires to understand the credit implications of this year's blazes.

Issuance was down 27% in the region from the first half of 2017, and almost 30% in California, its largest market.

The now-defunct unregistered broker-dealer Core Performance Management, LLC, and four of its former employees settled fraud and MSRB rule violations with the SEC for engaging in municipal bond flipping and kickback scheme.

The measure, which may be on the ballot in 2020, would lift the Proposition 13 limit on commercial property tax assessments.

A State Supreme Court ruling jeopardizes San Diego’s pension reform measures, exposing the city to millions in unanticipated costs.

California revenues came in $178 million below forecast.

Projects are in development to improve seawalls and enhance wetlands around the Bay.

The rating agency assigns a stable outlook to the Silicon Valley city.

They are accused of improperly diverting newly issued municipal bonds to certain broker-dealers for a fee at the expense of retail investors.

Economists and rating agencies say a full-blown trade war could impact ports, logistics and agriculture.

As the nation’s most populous state with the largest economy, California could set the upper level benchmark for other large states such as Florida and New York that have not yet announced a sales tax remittance threshold.

The health organization will issue bonds that will fund a new headquarters in Roseville, California.

Escalating costs and project delays by the bond-funded high-speed train project are a concern for federal lawmakers.

Federal disaster relief mitigates the credit impact of fires and other catastrophes, rating agencies say.

Only a few of the 45 states that levy sales taxes have announced plans to begin implementation before the end of this year.

City officials said splitting housing and infrastructure requests into two measures will improve chances of passage.