Organization Root Tag

The Investment Company Institute reported investors added $543 million to muni bond mutual funds in the week ending July 13 compared to the $1.061 billion of outflows in the previous week.

The 2023 fiscal year chair, vice chair and four new members will be announced after the meeting and the board will adopt its FY 2023 budget.

Inflationary-driven challenges pose a drag on hospitals’ fiscal recovery from the pandemic with short-, mid-, and long-term action needed.

“In the Great Recession it took us like seven or eight years to get back to where we were pre-recession,” Florida's Ben Watkins said. “This time it was less than 24 months.”

PROMESA and the oversight board helped, but there is no economic plan going forward and recent government actions will create problems for the island's future, analysts said.

Most top 10 issuers for 1H are from New York and California, with four from New York and two from California.

Tom Wright, president and CEO of the Regional Plan Association, talks with Chip Barnett about the ongoing Gateway transportation project and its importance to the tri-state region. He also discusses the challenges and opportunities in transit, infrastructure, affordable housing, climate change and ESG. (30 minutes)

Munis are improving, but positive second-half municipal returns likely won’t be enough to offset the major losses of the first half of the year.

The MSRB has released a mid-year research report showing the sharp decline of taxable issuances, significant outflows from mutual funds and a particularly fruitful last few months for individual investors.

A new study found that following the recent law in Texas law barring muni underwiriting by banks discriminating against the oil and gas industry, municipalities face higher borrowing costs after many players exited the market.

The current territorial status would not be an option in a Puerto Rico voter plebiscite.

Personal income tax data indicates the stock market slump is taking a toll on tax collections, Comptroller Brad Lander said in a report on the city's finances.

The lack of a TRANs deal will put off a test of how competitive bidding for the debt may be impacted by the state’s pro-firearm and fossil fuel policies that have sidelined a few big underwriting firms.

The Federal Reserve’s Inspector General said Chair Jerome Powell and former Vice Chair Richard Clarida’s trading activity had not broken any laws or rules, but the probe into the former heads of the Dallas and Boston regional Fed banks remained open.

The firm’s project finance & public finance practice comprises more than 50 attorneys and professional colleagues and is looking to add.

Waller is the first Fed policy maker to explicitly express openness to an increase larger than 75 basis points at the July meeting.

Federal Reserve Bank of Atlanta President Raphael Bostic said “everything is in play” for policy action after data showed that U.S. inflation accelerated again to a fresh four-decade high last month.

Primary market takes focus for large revenue deals from the New York State Thruway Authority and the Colorado Health Facilities Authority.

Munis have been steady to firmer in spots over the past few trading sessions as fundamentals have taken over. Triple-A 30-year munis dipped below 3% Tuesday, the first time since early June.