Organization Root Tag

New York Mayor-elect Zohran Mamdani named Sherif Soliman, a veteran of three mayoral administrations, as New York City's budget director.

Muni yields were bumped a basis point, while UST yields fell two to four basis points.

Three casinos are betting billions of dollars on the New York City market. The state is hoping to cash in, too.

Palomar Health's bond rating remains stuck at junk, but UCSD partnership offers a glimmer of hope.

Indiana Public Finance Director Dan Huge will retire effective Jan. 2, capping off a long career of public service for the state.

Federal Reserve Gov. Christopher Waller said monetary policy must remain insulated from political pressure, arguing that communication with the White House should be limited. Waller is slated to meet with President Trump Wednesday afternoon.

The company has the option to defer interest payments three times without triggering a formal default.

Inflation reports may drive markets in 2026 since the labor market is "sending mixed messages," said Kevin O'Neil, associate portfolio manager and senior research analyst at Brandywine Global.

Kathryn Garcia was tapped to lead the Port Authority of New York and New Jersey as it embarks on an ambitious capital plan. 

The state paused recently approved transportation taxes after a Republican-led campaign to reverse them delivered signatures for a ballot measure.

Federal Reserve Gov. Stephen Miran said higher goods prices could be the trade-off for bolstering national security and addressing geo-economic risks.

Puerto Rico Gov. Jenniffer González Colón filed suit to end the island's contract with LUMA Energy for electrical transmission and distribution.

The well-regarded pediatric hospital system is not alone in facing downgrades amid the myriad challenges healthcare has experienced in recent years.

Kansas City Federal Reserve President Jeffrey Schmid and Chicago Fed President Austan Goolsbee said in statements Friday that their dissents from this week's interest rate decision were spurred by inflation concerns and a lack of sufficient economic data.

Both Janney and Huntington are among the top 30 underwriters in the muni market and are neck in neck.

"With its third straight rate cut, the Fed is sending a clear message: it's no longer just watching inflation — it's managing risk," said Gina Bolvin, president of Bolvin Wealth Management Group.

The compliance outreach program for municipal advisors and dealers, will be hosted jointly by the SEC, MSRB and FINRA.

A vote Wednesday by Chicago's city council would speed up budget hearings and signals that a majority of alders may go their own way on the budget.

"We sued to take a stand against the SROs on principle," an ASA spokesperson said Wednesday in a reference to both the MSRB and FINRA.

Muni yields were little changed, and have barely moved over the past several trading sessions, said Kim Olsan, senior fixed income portfolio manager at NewSquare.