Organization Root Tag

Scott Evans, chief investment officer of New York City’s $194 billion of pension funds, will step down at the end of the fiscal year June 29.

Municipal bond investors reacted cautiously to the rally in Treasurys as they looked for confirmation that the new yield levels are here to stay.

Currently at least 33 states provide 113 different tax credits that are already federally deductible.

Municipal bonds were trading stronger Tuesday, with yields falling as much as five basis points, according to the MBIS benchmark scale.

Texas factory activity, as measured by the production index, “rose markedly in May,” reaching a 12-year high.

The Fed should slow its pace of policy normalization to help re-align price expectations around 2% and maintain the credibility of its inflation target, Federal Reserve Bank of St. Louis President James Bullard said.

Judge said that the relevant issues include federal as well as local law.

The IRS has produced dozens of "issue snapshots" for the tax-exempt bond community, charities and non-profits, retirement plans, Indian tribal governments and federal, state and local governments.

MCE, California's first community choice aggregator, is rated Baa2 with a stable outlook by Moody's.

Pike County's “very weak” economy, budget performance and management led S&P Global Ratings to lower its ratings.

The District of Columbia was praised for tackling the funding needs for maintaining its critical infrastructure by a rating agency concerned about deferral of such maintenance by states and local governments.

The rating agency said its new criteria only support a rating two notches higher than the state's BBB.

Council members questioned whether the "historic" levels of reserves in the mayor's $89.1 billion executive budget are really enough.

With two new casinos set to open, Atlantic City's current gambling facilities didn't keep pace with last year’s first-quarter revenue growth.

Federal Reserve Chairman Jerome Powell said central banks shouldn’t take their independence for granted at a time when trust in public institutions is at “historic lows,” requiring extra effort to explain both their monetary and regulatory policies.

Municipal bonds were stronger ahead of Friday’s early close as the market will be greeted with $3.4 billion of new issue supply next week.

Attendees at the NYC Comptroller’s MWBE University program were introduced to the Build NYC Resource Corp.'s bond program.

Municipal bonds were mostly stronger in late trading on Thursday as market activity slowed ahead of Friday’s shortened trading session.

New York, New Jersey and Connecticut are the first states to have created charitable funds that taxpayers can contribute to in order to claim a charitable deduction in lieu of paying state and local taxes.

The $139 million refunding saved Alabama’s most populous county $12.35 million in debt-service costs.