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With inflation remaining stubbornly low, Federal Reserve Bank of Philadelphia President Patrick T. Harker said Wednesday he’s “penciled in” two rate hikes this year.
February 21
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Aurora Health Care and Advocate Health Care haven't said how the combination will impact each system's debt.
February 20
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The Port Authority of New York and New Jersey is spending more than $364 million on the tunnel.
February 20
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The municipal bond market was giving a warm welcome to several new deals that hit the screens on Tuesday.
February 20
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The judge overseeing the utility's debt restructuring acted in the face of threatened power outages as soon as Wednesday.
February 20
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Detroit wants to use $55 million in surplus cash to retire debt issued in 2014 as part of the city’s exit from Chapter 9 bankruptcy.
February 20
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The unfunded pension burden for Chicago, Cook County, and other local funds hit $50 billion in fiscal 2016.
February 20
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Market participants want the Municipal Securities Rulemaking Board's compliance guidance to be clear and within the scope of its authority.
February 20
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Municipal bond traders returned from a three-day weekend to see NYC bonds priced for retail investors as big auctions from the Treasury Department loomed.
February 20
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Inaction, significant new debt and failure to control labor costs and other cost drivers could pose major bondholder risks, says a Gurtin report.
February 20
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The region's non-manufacturing sector “continued to expand,” as the general business conditions index soared to 31.0 in February.
February 20
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Illinois Gov. Bruce Rauner's budget proposal would push some state costs onto schools and universities
February 16
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The municipal bond market will see $5.8 billion of new deals hit the screens, somewhat slaking investor's thirst for new supply
February 16
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Third-party vendors are confident their products will help dealers comply with new markup disclosure rules, but need to integrate them to dealers' systems.
February 16
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PREPA says a widespread shutdown of electricity on Wednesday is inevitable without a major cash infusion.
February 16
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New Jersey Gov. Phil Murphy appointed his primary opponent to lead a review of the state’s intervention efforts.
February 16
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An official says that a transit plan without Oakland and Macomb is “absolutely viable from a technical standpoint.”
February 16
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Treasury Department sales of state and local government series securities are expected to dramatically decline this month now that issuers no longer need them for tax-exempt advance refunding escrows.
February 16
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“We’re headed to a place where we don’t necessarily want to be,” said the city's chief financial officer.
February 16
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The muni market to see $5.8 billion of new deals hit the screens next week, somewhat satisfying investors' thirst for new supply.
February 16
