Organization Root Tag

The former South Bend, Indiana mayor understands the needs of state and local governments, though he lacks experience running a large organization.

The rising number of COVID-19 cases and the restrictions imposed to stop its spread, led to a pullback in consumer spending and has a regional service sector reeling.

It has become apparent that even more creativity will be necessary to pass legislation in the upcoming Congress. The only problem is we do not have the luxury of time.

Illinois expects to close by the end of the week on a three-year loan through the Federal Reserve at 3.42%, a steep penalty compared to the state's current trading levels.

The Port Authority of New York and New Jersey is proposing a scaled down 2021 budget that includes additional borrowing for its capital program.

While the latest read of manufacturing from the New York region suggests slowing, with COVID vaccines starting to be rolled out, the future index gained.

The municipal market can best be described as a "Goldilocks market" due to accommodative federal monetary policy, strong demand and limited supply, bond director Ben Watkins told the Cabinet.

He has a background working in the island's pharmaceutical industry and for the island's government working to attract and retain private sector firms.

Ken Lind, leader of Nixon Peabody's project finance and public finance group, breaks it down by sectors and financing instruments. He also examines virus-related SEC disclosure guidance plus the planned phaseout of Libor. Paul Burton hosts. (38 minutes). Recorded Dec. 2.

Joe Torsella still advised that such a move to backstop the commonwealth's two largest public retirement funds is no panacea.

How assumptions are settled on revenues, spending, and the economy will affect the Commonwealth debt plan.

Fiscal 2020 added another $3.8 billion to the state's unfunded pension liabilities, according to a new state report.

New York State's short-term revenue losses, resulting from coronavirus shutdowns, won't curb enthusiam for the Empire State Development Corp.'s offering, according to market sources.

The state's largest authority pulled off a $1.23 billion issuance that included its inaugural green bonds, and it did so during the height of the coronavirus pandemic.

The SEC said the court should oppose SIFMA's motion to include news articles in the proceedings, saying the group relied on only one rationale.

The Federal Open Market Committee meeting this week will not offer the chance of rate changes, but will bring a new dot plot, and economists are most interested in the GDP projections.

The Empire State's general obligation bonds revised to negative from stable by rating agency due to heightened budget risks.

Munis firmed Friday, only the second time in December they weren't flat, and more than a few participants are waiting on yields to rise before getting involved, particularly given the rich muni/treasury ratios and low absolute yields.

The number of issuers using a temporary exemption jumped to 101 in October from 35 the previous month.

City Council-approved residential construction tax and changes to a property tax abatement program paves the way for a borrowing plan that would aid the city’s poorest communities.