Organization Root Tag

The 50-year concession will rebuild the aging Calcasieu Bridge, and impose the first tolls on Interstate 10.

The board has added Alexander Chilton, Michael Craft, Pamela Frederick, Wendell Gaertner, and Christopher Kendall, as well as the returning Ernesto Lanza as chief regulatory and policy officer.

The revenue bonds were issued through the California Municipal Finance Authority on behalf of LAX Integrated Express Solutions, the P3 project developer.

Federal Reserve Bank of Richmond President Thomas Barkin said the greater-than-expected easing in inflation in June may be an indication that the U.S. economy can have a "soft landing," returning to price stability without a damaging recession.

Jeffrey R. Schmid will assume Esther George's former role on August 21.

While it's still relatively early to tell how much — if at all — the muni market will be impacted, Kara South, portfolio manager at GW&K Investment Management, said downgrades of certain municipal bonds are likely to follow.

Proceeds, along with additional monies, will be used to fund the cost of the Royal Caribbean Cruises Ltd. (RCG) campus project as well as a debt service reserve fund.

Most states continue to fare well, despite economic shocks and weakening revenue growth.

J.P. Morgan held a one-day retail order for $1.65 billion of revenue bonds from the Dormitory Authority of the State of New York, while Minnesota sold $1.02 billion of GOs in the competitive market in five deals.

Sponsors say bill is a chance to have territories' needs addressed.

After July's hike, analysts are mixed on whether the Federal Open Market Committee is done raising rates.

Brandon Comer and his firm Comer Capital Group are in talks to settle the Securities and Exchange Commission charges against them ahead of a pretrial conference Nov. 17.

The Federal Reserve said that banks reported tighter standards and continued weak demand for loans in the second quarter, extending a trend that began before recent stresses in the banking sector emerged.

The board and the PREPA bond parties told Swain they had reached "an agreement in principle to resolve the outstanding perfection issues" in the bankruptcy.

"I haven't made up my mind for what should happen in September," Goolsbee said.

For the coming week, investors will be greeted with a larger new-issue calendar led by large New York and Texas ISD issuers, along with gilt-edged Minnesota selling competitively.

During its quarterly board meeting, the MSRB approved its controversial one-minute trade reporting window and approved a $47 million budget for FY 2024.

"During this critical period for our state's future, I'm looking forward to having Blake Washington on my team," Gov. Hochul said.

Municipal bond mutual fund saw inflows with Refinitiv Lipper on Thursday reporting investors added $552.219 million to funds for the week ending Wednesday following $1.040 billion of outflows the previous week.

Issuers are grappling with struggling transit systems in post pandemic.