News and Information from Bond Buyer

The California Infrastructure and Economic Development Bank agreed to issue $3.25 billion for the proposed line linking Vegas and Victorville, California.

With interest rates likely to fall lower after Fed policy makers meet, already favorable market conditions for municipal issuers will get even better.

Judge Swain has ordered an end to the stay on open litigation of pension bond issues.

Richard "Ad" Eichner was known as a pioneer for his work in multifamily housing and tax-exempt charter school bonds.

Cleveland Clinic's bond refunding follows a nearly $1 billion offering the system priced in April as it integrates recent Florida acquisitions.

S&P based its decisions on Altria's downgrade and the lower-than-expected master settlement payments.

Wall Street had its most profitable first half in a decade; the second half remains uncertain.

The Municipal Securities Rulemaking Board plans a review after pressure from Sens. John Kennedy and Elizabeth Warren to change the makeup of its membership.

State Treasurer Randy McDaniel said the state’s efforts to increase reserves, eliminate structural deficits, improve pension finances, and diversify the state’s economy are working.

While a rate cut is likely next week, dissent on the Federal Open Market Committee may hold the key for future moves.

Critics fear the contracting provision is so draconian it could backfire on the Metropolitan Transportation Authority's $51.5 billion program.

Both women will be honored as part of The Bond Buyer's Deal of the Year gala on Dec. 4 in New York City.

The issuance keeps pouring into the municipal market as muni fundamentals and interest rates drive demand.

In the SEC inquiry, along with a separate FAA investigation, regulators are trying to determine if airport revenues were misspent.

S&P Global reports state HFAs are maintaining high ratings this year, “buoyed by demand for affordable housing and mortgages, low interest rates, relatively low unemployment, increasing wages, and the overall strong domestic economy.”

One plan would convert the investor-owned utility into a customer-owned cooperative, while local governments and agencies look at municipalizing PG&E assets.

Illinois Gov. J.B. Pritzker's administration says the forecast shows that Illinois needs to change its income tax structure.

The expiration of a federal highway bill could provide a catalyst for expanding bonds, according to former Senate Finance Committee tax counsel, Ryan Abraham.

September durable goods orders fell more than expected, while orders for non-defense capital goods excluding aircraft also dropped, suggesting production won't rebound this year.

The taxing and regulating of a new product that's ingested into the lungs to deliver nicotine is dealt with under federal, state and local laws. William Cox explains Kroll Bond Rating Agency's thoughts about vaping and the associated revenues for governments. John Hallacy hosts.