Organization Root Tag

As the Federal Open Market Committee meets to discuss monetary policy, Gary Pzegeo, head of fixed income at CIBC Private Wealth will discuss his thoughts about what will come from the meeting.

While this hurdle has apparently been cleared, the road to approval for the Plan of Adjustment remains bumpy.

Moody's joined the other three rating agencies in returning O'Hare's outlook to stable as Chicago plans to tap an up to $2.3 billion new money and refunding authorization next year.

A first-time home buyer program would be fueled by a huge bond component, if Sen. Robert Hertzberg gets lawmakers to put it on the ballot and voters approve it.

The county said the increase in shipping volume at the port didn’t cause any congestion for boats or delays in product shipments.

Eric Adams must deal with the COVID-19 pandemic's lingering effects, which include new remote-work patterns that may affect tax revenue and real estate values.

The board's 8th debt restructuring plan improves funding for a pension trust as well as eliminating cuts to benefits for current retirees, just ahead of the confirmation hearing that begins Monday.

The outlook revisions boosts a city with some $8 billion in borrowing in the works, including more than $1 billion before the end of this year.

California faces a $117 billion highway repair backlog and the highest gas tax in the country. The question is whether the fuel-tax funded SB 1 is doing enough.

Senior Federal Reserve officials violated the central bank’s prohibition of stock trading that may appear improper, even if specific guidelines weren’t broken, Chair Jerome Powell said.

While the economy is stronger than a year ago, it is still down from two years ago.

After the FOMC made taper official, high-grade benchmark yields ended the day one to three basis points better while USTs ended the day higher after an up-and-down trading session that moved the 30-year back above 2%.

Puerto Rico bankruptcy judge approved the board’s plan to notify parties of pension limitations, a key to allowing the Plan of Adjustment to move forward.

New York City got a new mayor, comptroller and City Council while Boston and Pittsburgh elected mayors. In New Jersey, final results in the gubernatorial election were still too close to call.

President Joe Biden said he’ll announce soon his choice of nominees for chair and other vacancies on the Federal Reserve, amid a scandal over stock trades by central bank officials.

The FOMC will likely take the opportunity to profess its reliance on data to decide liftoff and reiterate the threshold for a rate hike remains higher than for taper.

"Compromises had to be made," Neal said about muni market proposals being dropped from the Build Back Better agenda.

Jerome Powell is widely expected to be renominated to a second term as Federal Reserve chair, but his chances have been modestly dented by the revelations of stock trading by some senior Fed officials in 2020, according to economists surveyed by Bloomberg News.

SEC Chairman Gary Gensler focused much of his comments during SIFMA’s Annual Meeting on why he considers himself to be just getting the ball rolling on climate disclosures.

The board wants the bankruptcy judge to say recently passed law, which prohibits cuts to pensions, does not bar the board's plan for two major pension changes.