Organization Root Tag

The bid to have the state government edge out Atlanta for control of the busy airport remains active for next year's legislative session.

The clarification allows dozens of otherwise stalled housing projects around the nation to move ahead with financing that includes a combination of tax exempt multifamily PABs and the 4% federal housing tax credit.

The economy looks fundamentally sound, leading Federal Reserve Bank of Philadelphia President Patrick Harker to question the importance of a yield curve inversion.

President Donald Trump intends to nominate Herman Cain for a seat on the Federal Reserve Board, according to people familiar with the matter.

While it is possible that the Federal Reserve’s hiking cycle is complete, but the more likely scenario is rates will go “a bit higher,” Federal Reserve Bank of Cleveland President Loretta Mester said Thursday.

President Trump fired a fresh broadside at the Federal Reserve for raising interest rates last year, saying the economy is in good shape “despite the unnecessary and destructive actions” taken by the central bank.

California finds itself in a familiar spot, with the most muni issuance through the first three months of the year. The rest of the rankings show a mix of usual suspects and new faces.

Municipal underwriters jockey for position as business increased 21.9% from the first quarter of last year.

Sens. Sherrod Brown, D-Ohio, and Ron Wyden, D-Ore., pressed Stephen Moore for details about reports that he owes more than $75,000 in taxes and failed to pay more than $300,000 in alimony and child support.

Twenty-three members of Congress are urging the Oversight Board to pull back the bonds' underwriting and other fees.

The state collected $2.6 billion, a 9% increase over the same month of 2018, said State Comptroller Glenn Hegar.

Focus remained on the municipal primary as more supply swept into the market on Wednesday.

With the Federal Reserve finished raising interest rates, some yield curve inversions would signal a coming recession, according to Brian Rehling of Wells Fargo Investment Institute.

Owners of the privately owned passenger train project plan to ask the Florida Development Finance Corp. to approve more bonds Friday.

Attorney Lori Lightfoot will become the city's first African American woman mayor when she takes office on May 20.

The IRS audit of the Puerto Rico Municipal Finance Agency's $59 million in 2005 Series B Refunding Bonds is the third IRS audit of tax-advantaged bonds involving the commonwealth announced over the last six weeks.

The SEC now has a stronger card to play when pursuing an enforcement case, lawyers said.

The Federal Reserve should return to its pre-crisis corridor operating system, with a smaller balance sheet, former Federal Reserve Bank of Philadelphia President Charles Plosser said.

Even before Tim Sloan stepped down as chief executive of the scandal-stung Wells Fargo, the bank had already gotten back into the good graces of the biggest U.S. state.

The board acknowledged Puerto Rico is in compliance with the fiscal 2019 budget, even as it wrangles with the local government over next year's plan.