Organization Root Tag

The Port Authority of New York and New Jersey is trying to prepare for increased ridership on its rail transit system with more than $1 billion of investment.

The city expects to save about $22 million in fiscal year 2020 from terminating the programs, Mayor Lori Lightfoot said on Thursday.

The Detroit Water and Sewerage Department is promising a five-year, $500 million capital program to upgrade water and sewer pipes.

Municipal bond buyers saw the last of the week’s new issues come to market on Thursday.

S&P Global Ratings cut its rating to A from A-plus, and maintained a negative outlook on the South Carolina Public Service Authority.

As Stephen Heaney retires from Stifel Financial, Betsy Kiehn is stepping up to a new capital markets position at the firm.

Charles Gasparino of FOX Business Network talks with Chip Barnett about the role municipal bonds play in the U.S. and how the market has changed over the years. He gives a look back at New York City's finances as well as the best ways to approach infrastructure spending across the country.

The board approved a request to increase 2019 authorization for new-money bonds and bond anticipation notes to a $5 billion maximum from $3 billion.

As Sunday's fiscal deadline approaches the legislature is hammering out a budget that's $500 million bigger than the Oversight Board's plan.

Buyers of short-term municipal paper were treated to over $1.5 billion of notes from a big California issuer on Wednesday.

The Port Authority of New York and New Jersey is proposing higher user fees to fuel a larger capital budget.

If data remain mixed before the next FOMC meeting, Federal Reserve Bank of San Francisco President Mary C. Daly said a rate cut would be “something to think about.”

A bill to dissolve the south Florida toll road authority has been sent to Gov. Ron DeSantis.

The president said that European Central Bank President Mario Draghi would do a better job overseeing monetary policy in the U.S. than Fed Chairman Jerome Powell.

Federal Reserve Bank of St. Louis President James Bullard said President Donald Trump’s White House has had “exploratory discussions’’ with him about taking a job as a Federal Reserve governor, adding he was not planning to leave his current job.

Municipal deals flowed into the market on Tuesday, led by offerings from New York City, Ohio and Illinois issuers.

Upper Arlington Schools District Superintendent Dr. Paul Imhoff said an upcoming vote on an operating levy will be harder to secure.

Aides will send a short list of candidates to President Donald Trump soon.

Declining consumer confidence and home sales back Powell's assessment that uncertainties are rising.

German Ramirez and Richard Prann of HJ Sims talk from Puerto Rico about the situation on the island and discuss COFINA and the IRS, what's new with the GDB bonds and with the commonwealth's GOs. Chip Barnett hosts.