Organization Root Tag

The appeals court ruled the appointments were unconstitutional, but didn’t invalidate either the existing board's actions or the parts of the Puerto Rico Oversight, Management, and Economic Stability Act that didn't address the board appointment process.

Puerto Rico Sales Tax Financing Corp.'s restructured bonds started actively trading on Friday.

“Major banking organizations have now used this abusive tax shelter scheme to illegally shelter well over $1 billion in taxable income,” said the letter by W. Mark Scott.

IHS Markit’s Ipreo forecasts weekly bond volume will hit $2.8 billion next week.

Illinois would also use asset transfers, supplemental contributions and a buyout program in the governor's plan to deal with $133.7 billion of unfunded liabilities.

Florida, Newark, and Missouri Health priced bonds as the week's action wound down.

The board said that the Senate is withholding bank account information.

The defendant's claim that he's a victim of the Brogdon nursing home frauds shouldn't cloud the court's decision, the SEC said.

Critics of incentives used to lure Amazon to New York City prevailed as the company canceled plans for a project that would have impacted housing and transit.

California has issued $3.3 billion of general obligation bonds for the high-speed rail project out of $9.9 billion authorized by voters.

The municipal bond primary was winding down on Thursday as the last of the week’s deals were hitting the screens.

Federal Reserve Governor Lael Brainard indicated she favors ending the process of normalizing the U.S. central bank’s balance sheet in 2019.

The federation issued its suggested budget roadmap Wednesday, ahead of Gov. J.B. Pritzker's first budget release.

An unexpected tax appeal settlement with Atlantic City's Hard Rock Hotel & Casino will steer financial resources away from the city's recovery efforts.

Gov. Gretchen Whitmer had a lot to say about what she wants to do but no details on how to pay for it.

Municipal CUSIP requests increased in January on a year-over-year basis as new deals swarmed into the market.

Governance and economics, rather than cutting benefits, are increasingly seen as key to solving pension funding woes.

The federal government ran a $13.5 billion deficit in December, the Treasury Department reported Wednesday.

A $12.5 billion rainy day fund protects Texas from the next recession, said Comptroller Glenn Hegar, who wants to invest the fund into productive assets.

Federal Reserve officials are getting their stories straight on the U.S. economy.