Organization Root Tag

Federal funding would be reduced to 44% from 49% of the cost of the Gateway project, which had been blocked by the Trump administration.

While some Federal Reserve Bank presidents offered hawkish remarks at the Jackson Hole symposium, the markets still expect a 25 basis point cut, and analysts agree.

It's Moody's first upgrade of the state since 1997.

Judge Laura Taylor Swain sided with the Oversight Board as it sues the local government to comply with its fiscal plans.

The last full trading week ahead of the Labor Day holiday will see a variety of credits come to market.

CDBG mitigation is a new program to support communities for events that are likely to occur rather than recovery from events that have already occurred. Some disaster recovery funds have been used in the past for mitigation.

“Reporting unauthorized transactions is certainly a good first step in building cooperation,” said one lawyer. “But there could be a lot more to it.”

Late last week FINRA sent out a notice reminding its members to register as MAs if they engage in investment-related activity with their clients.

Federal Reserve Board Chairman Jerome Powell again pledged the central bank “will act as appropriate to sustain the expansion,” despite “no recent precedents to guide” policy decisions.

The commonwealth intends to refund $630 million in taxable and tax-exempt bonds next week, and issue $600 million tax-exempt new-money on Sept. 5.

Houston issued bonds in the negotiated sector, while Long Beach competitively sold two issues.

The state comptroller's office reported receiving 67 bids worth $22.77 billion,

Issuers in the nine-state Far West region sold $34.6 billion of municipal bonds in 2019's first six months.

Two dissents on the vote to cut rates were the first of Chairman Jerome Powell's term.

She also names Elí Díaz Atienza to fill the role as her representative to the Oversight Board.

The Lone Star State sold $8 billion of notes to buyers with an endless appetite for short-term muni paper.

Market participants are questioning IFS' future and how a rogue trader engaged in unsupervised trades.

“A couple” of Federal Open Market Committee members wanted a 50 basis point rate cut at its July 30-31 meeting, according to minutes released Wednesday, while “several” would have preferred no action.

The MSRB wants to work with other regulatory groups to decrease confusion surrounding suitability rules in conjunction with the SEC's new Regulation Best Interest.

The Illinois Sports Facilities Authority received a two-notch S&P Global Ratings upgrade to BBB.