News and Information from Bond Buyer

The Metropolitan Pier and Exposition Authority lost McCormick Place Convention Center events and tourism-driven taxes to the pandemic. It also plans another debt restructuring.

Natalia Quintero of the Partnership for New York City discusses the Transit Tech Lab accelerator program, which involves the MTA and other regional transportation agencies. Paul Burton hosts. (14 minutes)

Moody's says that the pension system will likely run out of money in fiscal year 2024.

The municipal market was steady Monday as the investors gear up for three separate billion-dollar deals heading to market from California, New York, and Connecticut issuers.

His departure comes as lawmakers are working quickly to put together an infrastructure bill, with hopes of including key municipal bond provisions.

The state said it would continue to move forward with the new prisons despite Barclays departure amid controversy over the role of private firm CoreCivic.

S&P Global Ratings lifted its outlook for the North Texas Tollway Authority as it prepares to refund $850 million of debt.

Anticipating a flood of funding from President Biden's infrastructure plan, states are positioning for an expansion of broadband to rural and underserved areas.

Transportation infrastructure, sustainability and affordable housing are in play in three different bond deals.

The total number of jobs in the state last month rose 21,800 from February.

Non-farm employment went up for three consecutive months.

Sub-1% 10-year municipals and low ratios may test investor appetite for the asset class but it is hard to ignore the strong fundamentals and substantial fund flows in the backdrop.

Along with $3 billion of federal aid, Indiana will expects more than $2 billion in additional tax revenue through 2023.

A VMT fee was also the consensus way to pay for infrastructure during a Senate EPW Committee hearing on Wednesday.

The state’s seasonally adjusted unemployment rate remains below the national unemployment rate of 6.0%.

The state’s unemployment rate has remained below the national rate for eight months in a row and has fallen by 0.2% over the year.

The three-pronged Local Infrastructure Financing Tools Act was introduced Friday by Rep. Terri Sewell, D-Ala.

Nearly 40% of the fees it pays for bond sales go to women-owned, minority-owned and service-disabled veteran-owned investment banks.

They will benefit projects in transportation infrastructure, housing, educational building improvements and parks.

Four out of the six economic indicators released on Thursday surpassed expectations, with consumers tapping their savings to quench pent-up demand. U.S. Treasuries made gains but municipals stood on their own in an impressive two-day rally with insatiable demand.