Organization Root Tag

Opening a bank or investment account — or even securing employment in a racism-free workplace — is out of reach for many Black Americans.

S&P Global Ratings downgrades the Garden State's general obligation bonds one notch to BBB-plus from A-minus.

As the week drew to a close, municipal bond market participants looked ahead to a smaller-than-usual supply slate dominated by revenue bond deals.

To little surprise, the Federal Reserve left interest rates unchanged. Refinitiv Lipper reported tax-exempt muni bond funds lost about $954 million.

A change in status would have both upsides and downsides for the island territory.

Gov. J.B. Pritzker says preservation of the investment-grade status is "very important;" Illinois bonds traded wider after the income tax referendum failed.

Federal Reserve Bank of Minneapolis President Neel Kashkari isn’t attending the central bank’s two-day policy meeting after the birth of his second child this week.

Lynne Funk and Gary Siegel discuss how the election results will affect the municipal market, how the Fed moves forward and some winners and losers with bond ballot measure results and muni advocates who held onto their seats in Congress. (21 minutes).

Top-rated muni yields fell by as much as 10 basis points on the AAA curves on Wednesday the largest move better for the market since late April, early May. ICI reported $1.2B of muni bond fund inflows.

The legalization is projected to generate about $120 million for the fiscally stressed state once the market gets established, which won’t be for another two to three years.

The defeat of Gov. J.B. Pritzker's "Fair Tax" strikes down a pillar of his plan for the state's wobbly finances and increases risk to the state's bond ratings.

A nonbinding referendum on U.S. statehood was leading with more than 52% support, with more than 95% of votes counted, the Associated Press reported.

Mark Nitcholas will will focus on local and state governments, state agencies and school districts within Texas and the Southwest.

A federal judge largely rejected the arguments offered by Wall Street banks seeking to dismiss the lawsuit, which alleges a conspiracy to fix rates in the VRDO market.

Public finance made up just 3% of total standalone enforcement cases.

The move would not resolve structural budget gaps, according to the rating agency.

The fate of the state budget and ratings may depend on the progressive income tax ballot measure. Midwest voters also face $2.3 billion of bond measures Tuesday.

Financial hits to Atlantic City's hospitality industry from state limitations aimed at curbing the spread of COVID-19 are hindering a state agency reliant on luxury tax revenues to pay debt service on outstanding bonds.

Municipals were weaker in the 10-year range by as much as one basis point on Monday as all eyes fixate on election results.

The city of Alpharetta wants to repurpose $24.72 million in bonds issued in 2016 by the Development Authority of Alpharetta.