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Chicago says its met its obligations under the state pension code; all four of its pension funds have filed shortfall claims with the state.
September 12 -
Municipal traders and managers said the tax-exempt market’s early strength translated into weakness before the end of trading — due to taxable and overseas influences.
September 12 -
At a bond lawyer conference, lawyers said they've seen increased interest in self-reporting.
September 12 -
Internal Revenue Service enforcement officials told NABL workshop attendees the service is hiring five new revenue agents, up from the current 20, and two additional tax law specialists.
September 12 -
The fifth-generation banker, who has already been serving as a central bank governor, was confirmed by the U.S. Senate in a 60-31 vote.
September 12 -
“The City of Harvey, through no fault of Comer’s and unrelated to Comer’s fiduciary obligations, tainted the district’s offering,” according to the defense.
September 12 -
Carolyn Pokorny, who helped prosecute "El Chapo" Guzman and other drug lords, is taking on waste and fraud as the New York transit agency's inspector general.
September 12 -
With a tweet, President Trump has reopened the debate about negative interest rates.
September 12 -
Veronique "Ronnie" Hakim, a top official at New York's Metropolitan Transportation Authority, is resigning as managing director by the end of February.
September 12 -
Thomas Garretson, fixed income portfolio strategist at RBC Wealth Management, and Craig Bishop, lead strategist, U.S. fixed income strategies at RBC Wealth Management, discuss the upcoming Fed meeting, rate cuts, the divide among participants, the inverted yield curve, Fed independence, and recession. Gary Siegel hosts.
September 12 -
IFA is restating its current bond trust indenture as it finalizes a drawdown loan of up to $436 million provided under WIFIA.
September 11 -
Los Angeles and Broward County deals were offered while some say the municipal market feels "heavy" and in retreat.
September 11 -
Lawyers say relations between the governor and the Oversight Board have improved with the new governor.
September 11 -
PHC not seeking financial damages, instead wants permanent injunction to cease alleged conduct.
September 11 -
President Donald Trump urged the Federal Reserve to lower interest rates to a level typically reserved for recessions or periods of persistently weak growth, suggesting that such a setting could allow the government to restructure Treasury debt at a lower cost.
September 11 -
It hasn't stimulated loan demand in ways banks hoped it might, and some CEOs fear future rate cuts might cause companies to hunker down.
September 10 -
The firm hired Damian Maggos in Indianapolis and Matthew Ruess in Crown Point.
September 10 -
Two contracts worth $1.8 billion were improperly awarded to Cobra for its work restoring electricity, the U.S. Attorney's office said.
September 10 -
It was a big day for the municipal bond market as billions of dollars of new deals hit the screens.
September 10 -
Rich Moore takes over the top spot at NABL during the first day of a three-day annual conference in Chicago.
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