Organization Root Tag

The cut marks the first major retreat for OppenheimerFunds, one of the biggest mutual-fund owners of Puerto Rico debt and a company that’s playing a major role in its bankruptcy.

Gradual Federal Reserve rate hikes remain appropriate, and while this may invert the yield curve, Fed Gov. Lael Brainard said she believes there are reasons to “temper somewhat” implications of a negative curve.

Municipals remained weaker on Wednesday as the market saw several new issues sell in the primary, led by deals from North and South Carolina.

Labor market “activity increased modestly and momentum remained high in August.”

Tom Wynne is leading a new housing financing initiative in the West and Michael Colton is joining the New York team.

Roisman is officially back at the SEC, but this time as a commissioner.

Passage of tax legislation in the Senate would require a 60-vote supermajority because the legislation would add to the already burgeoning federal deficit.

While a somber mood fell over Wall Street as the finance industry reflected on the devastating terrorist attack 17 years ago, the municipal market generated some new supply and cheaper prices.

A $10 billion POB deal would be a tougher sell now that Rahm Emanuel has said he won't seek another term.

Action got underway in the primary market on Tuesday as the competitive arena took center stage.

A total of three advisory groups will be providing input to the board in the new fiscal year.

State Controller Betty Yee said revenues came in $1.14 billion higher than anticipated.

The state's special commission on pension funding is exploring contributions of real-estate assets to an independently managed trust.

New York City Council Member Daniel Dromm, chair of the Finance Committee, talks about the recently passed budget, the Council’s priorities in the upcoming session, and the challenges and successes he has had in his life. Chip Barnett and Paul Burton host.

The unsecured creditors say that the deal treats the island’s government authorities in Title III bankruptcy unfairly.

Demand for public-private partnerships in higher education is on the rise, particularly for student housing and parking, according to a report issued by Fitch Ratings.

The short-end of the municipal bond market is rich relative to U.S. Treasury and corporate bonds, says J.R. Rieger.

States would be barred from starting to require the collection and remittance sales taxes from online vendors located out of state until next year under a bill introduced by two Republicans in the Senate.

Toni Harp says New Haven does not intend to apply to Connecticut's oversight board despite budget struggles and deficit borrowing.

Municipal bond buyers are looking ahead to the wide variety of new deals heading their way this week.