SAN FRANCISCO -
Details were not available at press time. The lottery proposal will be
"This isn't being proposed as a budget balancer for 07-08; it's on a
There has been a great deal of discussion around the country over the
None of the discussions have yet translated into an actual lottery
The California State Lottery was created by a state ballot initiative in
The lottery reported about $3.6 billion in sales for fiscal 2006. After
The Federal Reserve governor's term was set to expire in January and President Donald Trump has made it clear that she would not be reappointed. The vacancy will give Trump an opportunity to appoint someone new to the central bank's board.
Municipal yields fell four to seven basis points, depending on the curve, while UST yields rallied nine to 30 basis points, with the largest gains on the front end.
Legislation that would put a tighter limit on property tax increases for larger cities and counties advanced out of a Senate committee on Friday.
Moody's cited continued liquidity improvements in the ratings lift for the northern California clean energy aggregator.
The federal government didn't have enough influence in the resulting haircuts to the COFINA bondholders for it to be liable for their losses, the court said.
This is the fourth consecutive month where issuance has topped $50 billion.
