Regional News

Analysts unsure about the impact of the firings on bondholders.

The federal government didn't have enough influence in the resulting haircuts to the COFINA bondholders for it to be liable for their losses, the court said.

The agency cited the permanent raise to the rum tax cover for the improved outlook.

The funds have net assets of around $187 million.

The state is expected to pursue a TIFIA loan instead of toll revenue bonds.

Would-be underwriters of the general obligation bonds will be able to see where they've been ranked among all the bids, and to improve their bid accordingly.

Auditor General Frank Mautino said the delay was due largely to $1.2 billion erroneously collected from pharmaceutical companies that had to be addressed.

With Chicago-area transit's fiscal cliff looming, the area's transit agencies are searching for revenue fixes and prepping for two key milestones this fall.

Doe announced his decision to hand over the day-to-day duties to his partners in a client email on Friday.

Municipal issuers in the Northeast sold $72.25 billion of bonds in the first half of 2025, up 14.7% year-over-year, propelled by new money and GO deals.

The trustees of the University of Pennsylvania entered into a $300 million loan this month as part of a broad strategy to ensure access to liquidity.

The rating agency cited the MTA's congestion pricing program, ridership recovery, healthy liquidity levels, and continued state support for the higher rating.

The pair is scheduled to be sentenced Nov. 13.

California Sen. Dave Cortese proposed the bill as the state grapples with a shortage of affordable housing.

Little Rock, Arkansas-based Stephens Inc. consented to FINRA's findings without admitting or denying them.

Medicaid cuts and tariffs are expected to pressure already struggling small rural and urban hospitals, including 18 in California that borrowed from the state.

The state will charge active employees higher salary-based health plan premiums to avoid a near-term $1.3 billion deficit.

The state is expected to pursue a TIFIA loan instead of toll revenue bonds.

The resignation of the troubled mass transit system's CEO gives MARTA an opportunity to improve operations and to select projects to focus on.

Veteran banker Tim Kelly will give Baird's higher education and non-profit sectors a national reach.

A lawsuit seeks to force the Texas city to reword its Nov. 4 property tax rate hike proposition to correct "misleading" language.

Bond sales in the eight-state region totaled $54.9 billion, trailing the nation with an 8.1% gain year-over-year as Texas issuance slipped 7.6%.

Hunt Memorial Hospital District's distressed finances led to downgrades to Ba3 by Moody's Ratings and B-plus by S&P Global Ratings, with both giving it a negative outlook.

The ruling by a state judge comes in a lawsuit that pointed to unequal access by public school districts to local property taxes and bonds.