Organization Root Tag

The new credit received a triple-A from Fitch Ratings and a AA+ from S&P Global.

High energy prices and low unemployment have aided Oklahoma’s economy.

PennDOT could appeal to the state supreme court, but if not, the Pennsylvania P3 law may need to be rewritten.

Signs of a rapidly deteriorating U.S. economic outlook have spurred bond traders to pencil in a complete policy turnaround by the Federal Reserve in the coming year, with interest-rate cuts in the middle of 2023.

The Supreme Court’s ruling stripped the EPA of its ability to regulate greenhouse gas emissions, but analysts say utilities are unlikely to feel immediate credit impacts; in some cases, it may ease credit pressures.

The Federal Reserve System is facing increasing demands from the Senate to revamp the process for granting master accounts, disclose more information to the public and pick more diverse leaders. That pressure makes executive searches at the Kansas City and Chicago Fed banks more complicated.

Susan Collins officially took office Friday as the president of the Federal Reserve Bank of Boston, making history in becoming the first Black woman to lead a regional Fed bank.

Changing federal policies toward hurricane aid may change these events' credit impacts.

Siebert's Suzanne Shank and Bill Thompson have joined with NBA veteran player Chris Webber in a new program launched by New York State to fund the growth of the cannabis industry that eliminates barriers for equitable participation.

A board member and Gov. Pedro Pierluisi expressed disappointment about the inability of the board and the government to come to a consensus budget.

The CFO will be joining Dallas Area Rapid Transit starting July 18.

This is the third deadline extension for PREPA mediation.

Puerto Rico-based Ocean Capital is trying to gain control of several local tax-free income funds by electing members to the funds' board of directors, but current board members have refused to give up their seats.

The Investment Company Institute reported investors pulled $4.590 billion from muni bond mutual funds in the week ending June 22, down from $6.243 billion of outflows in the previous week.

Largely attributable to Fed interest rate increase-led volatility, outstanding municipal bonds lost $300 billion of market value in the first quart of 2022, a Municipal Securities Rulemaking Board report said.

The next generation of Senate Banking Committee Republicans has signed on to the latest salvo by Patrick Toomey — who will soon leave Congress — against the Federal Reserve Bank of Kansas City. That means the master accounts issue will live on.

Federal Reserve Chair Jerome Powell said the U.S. economy is in “strong shape” and the central bank can reduce inflation to 2% while maintaining a solid labor market.

Central bankers must not be complacent about increases in long-term inflation expectations and should act forcefully to curb rising price pressures, said Federal Reserve Bank of Cleveland President Loretta Mester.

Disclosure around ESG-related risk factors to credit as well as for ESG-labeled bonds remains a mixed landscape that reflects the heterogenous nature of the muni market itself.

A Delaware Superior Court judge found PHC failed to show it suffered reputational loss from Nuveen's alleged defamation to go to trial. PHC will appeal.