Organization Root Tag

The city council is considering the city's budget, which gave preliminary approval to a roughly $5.2 billion spending plan that allocates $156 million for violence prevention programs. Council members expect to vote on the budget Thursday.

The coalition wants the final budget signed by Gov. Gavin Newsom to include his broadband proposal, not the Legislature's.

Puerto Rico's government tells the court the Disclosure Statement should address the likelihood the legislature will not approve new bonds for the plan of adjustment since the plan cuts pensions.

The short end of the yield curve faced pressure from a cheaper UST five-year. As the flattening trend in UST takes hold, demand for duration will also spill over into the tax-exempt space, with long-dated munis continuing to outperform, analysts say.

Inflation risks may warrant the Federal Reserve beginning raising interest rates next year, St. Louis Fed President James Bullard said, backing an even-earlier liftoff than penciled in by many of his colleagues.

Dealers and muni advisors think the loyalties of solicitor MAs should be clearly disclosed.

The city and school district's financial "entanglements" will be the subject of an independent financial review due before the first elections are held.

The company's $200 million capital investment is expected to create more than 1,000 jobs in the city.

Republicans warn about inflation while Democrats celebrate social program expansions.

Also on Wednesday Judge Swain said she would not send out the central government bankruptcy's disclosure statement until she was satisfied with it.

Analyst John Kenward and public finance commercial manager Kathy Evers retired this spring.

The Investment Company Institute on Wednesday reported $2.533 billion of inflows into municipal bond mutual funds, the highest since February.

Kroll analysts say federal aid helped the city avoid tapping deficit financing to pass a balanced budget.

The nine justices of the Supreme Court are scheduled to hold a closed-door conference June 24 to decide whether to put the case on their docket for the fall term.

Giroux brings to the MSRB her experience advocating on behalf of both broker-dealers and bond lawyers.

Tuesday’s data may not be indicative of where the economy is going and will likely be written off by the Federal Open Market Committee at its meeting, analysts say.

The New York-based firm agreed to be censured, pay the penalty, and remedy alleged problems with its supervisory system.

In Part 2 of this special series, Northeast Regional Editor Paul Burton and guests Anthony Figliola, Andrew Rein and Nicole Gelinas discuss what the next New York mayor will inherit and what's needed to win back businesses and tourists. (11 minutes)

Most analysts expect the Federal Open Market Committee will alter its Summary of Economic Projections and perhaps begin to talk about tapering, without offering clues when they'll begin cutting back on asset purchases.

The state sued after the Trump administration canceled federal funding already approved for the project.