The failure of California's recent wildfire liability legislation leaves investor-owned utilities like PG&E and SoCal Edison exposed to continued financial risk and potential ratings downgrades.
KBRA approves of New Jersey's pension progress and budget management.
Chicago's projected FY2027 was down $283.9 million from the $1.2 billion estimate in last year's budget forecast.
The market is striking a better tone as investors are less worried about rate hikes, NewSquare Capital portfolio manager Kim Olsan said.
More than $2 billion of affordable housing and healthcare bonds were approved by the North Carolina Local Government Commission.
The incoming Bond Buyer Hall of Famer repeatedly brought financial discipline and long-term thinking to public entities before helping them tackle some of Indiana's most complex infrastructure financings.
