News and Information from Bond Buyer

The shortfall underscored advocates' calls to provide more dedicated funding to the statewide transit provider.

Vaudt knew he wanted a career in accounting when he took a bookkeeping course as a high school student in Iowa.

Proceeds will finance and refinance projects based on the benefits of ensuring inclusive and equitable quality education, officials say.

Days before the SEC's regulation best interest goes into place, the SEC approved corresponding changes to muni securities rules.

As some states see new coronavirus lockdowns, municipals maintain stalwart position.

Federal relief and the resumption of elective surgeries helped bolster hospital margins in May, according to a Kaufman Hall report.

Two Federal Reserve presidents say it's gotten harder to predict what will happen with the economy.

Rep. French Hill, R-Ark., said the SEC's temporary relief for MAs to facilitate some private placement deals without registering as a broker-dealer should not have been created through exemptive relief.

At least nine states have enacted across-the-board budget cuts in response to the sudden revenue shortfalls caused by the economic shutdown resulting from stay-at-home orders.

Protecting the tax-exempt status of municipal bonds and reviving Build America Bonds are priorities for the New Partnership on Infrastructure.

While reducing the FY21 spending plan to $87 billion, New York's mayor said he needs $1 billion in labor concessions or the city could lay off up to 22,000 workers.

In 15 years at Wilshire Consulting, he worked with public and corporate pension funds, foundations, endowments and insurance companies.

Cooper Howard, director of fixed income strategy at the Schwab Center for Financial Research, talks about the bifurcation in the market and what investors should look at during the rest of the year.

Despite criticism, the Municipal Securities Rulemaking Board said the calculator will help track the timeliness of secondary market disclosures.

The lawmakers argued in a letter to the Federal Reserve that suspending dividend payouts would be the "prudent course of action," allowing banks to build their capital cushions and continue lending during the coronavirus pandemic.

Municipal bond funds and ETFs saw combined inflows of $2.942 billion in the week ended June 17, ICI said.

The state's flagship university returns to the market after S&P Global Ratings improved its rating outlook and Moody's Investors Service lowered it.

The mass transit agency is staring at a prolonged fiscal calamity with further federal support at a standstill and its $51.5 billion capital program in jeopardy.

The California Institute for Regenerative Medicine, which has been on life support for years, is expected to close if the measure fails.

State auditors will continue to be represented on the Governmental Accounting Standards Board after Chairman David Vaudt ends his term June 30 although not as the chairman.