Organization Root Tag

Spending and economic strains loom as challenges for the state government, S&P Global Ratings’ Carol Spain said in a recent presentation.

Federal Reserve Chairman Jerome Powell said the central bank will resume purchases of Treasury securities.

The wild card part of this case is whether the justices decide to take an expansive look back on early 20th century decisions known as the Insular Cases and rule on the constitutional rights of U.S. citizens living in territories outside the 50 states.

New Jersey Gov. Phil Murphy is targeting voter-approved bond funding to tackle lead remediation projects at schools throughout the state.

The producer price index saw its largest monthly drop in four years.

The proposed transition regulation addresses the possibility that such a modification of a debt instrument, derivative, or other financial contract could be a taxable transaction for federal income tax purposes or could result in other tax consequences.

Variables related to other post-employment benefit liabilities jeopardize core services in the tri-state area, said the Manhattan Institute.

Ongoing state intervention will mute any policy impacts stemming from the resignation of a mayor who pleaded guilty to embezzling from a youth sports group.

The Supreme Court let a lower court decision stand that may mean bondholders will get 100 cents on the dollar instead of 13 cents on $3.2 billion of bonds.

Miami-Dade County is seeking proposals from firms to build a transit link across Biscayne Bay.

This week's new deals will price into a market that has seen declining yields as stocks and Treasuries have weathered market volatility.

Issuance using the new Secured Overnight Financing Rate has risen to $265 billion since the beginning of 2019.

The Bourne and Sagamore bridges over the Cape Cod Canal are functionally obsolete, according to their owner, the Army Corps of Engineers.

Administrative failures or a lack of understanding of the rule may be to blame.

Through three quarters municipal bond issuers are coming to market more frequently than they did during the same period of 2018, as low rates and yields are too good to pass up and demand for muni bonds is closing in on an all-time high.

Municipal underwriters saw increased business, as demand for muni bonds jumped through the roof. Top muni underwriters accounted for $267.51 billion in 7,310 deals, up from $239.33 billion in 6,406 transactions in the first nine months of 2018.

The U.S. economy’s loss of momentum isn’t severe enough to warrant a further reduction to interest rates, two hawkish Federal Reserve board members said.

The strength of the state’s credit profile, coupled with a supply-demand imbalance for tax-exempt bonds, has helped the state in the market, a new report says.

The municipal market continues to flex its muscles even as the U.S. economy seems to be slowing, which could lead to an even flatter yield curve.

Raymond James hired Paul Soma as a senior vice president. He will set up a public finance office in Traverse City.