News and Information from Bond Buyer

With the Federal Reserve finished raising interest rates, some yield curve inversions would signal a coming recession, according to Brian Rehling of Wells Fargo Investment Institute.

Owners of the privately owned passenger train project plan to ask the Florida Development Finance Corp. to approve more bonds Friday.

Attorney Lori Lightfoot will become the city's first African American woman mayor when she takes office on May 20.

The IRS audit of the Puerto Rico Municipal Finance Agency's $59 million in 2005 Series B Refunding Bonds is the third IRS audit of tax-advantaged bonds involving the commonwealth announced over the last six weeks.

The SEC now has a stronger card to play when pursuing an enforcement case, lawyers said.

The Federal Reserve should return to its pre-crisis corridor operating system, with a smaller balance sheet, former Federal Reserve Bank of Philadelphia President Charles Plosser said.

The U.S. services sector expanded at a slower pace in March.

Weakening support for Oklahoma State University led Fitch Ratings to lower its rating one notch to AA-minus as OSU prepares to issue $77 million of revenue bonds.

The board acknowledged Puerto Rico is in compliance with the fiscal 2019 budget, even as it wrangles with the local government over next year's plan.

New Jersey lawmakers should protect a planned $1.2 billion budget surplus while crafting the 2020 budget, according to Elizabeth Maher Muoio.

The Florida Development Finance Corp.’s $1.75 billion bonds for the Virgin Trains USA passenger rail project found $4B of suitors.

Damage from the floodwaters will impact state and local governments and ripple through the region's economy.

As the concept moves into implementation, variables range from toll pricing to the MTA's use of capital funds.

Cannava argues that emails, witness statements, and other evidence cast doubt on the SEC's claims that he acted recklessly.

Howard Cure of Evercore Wealth Management and Maria Doulis of the Citizens Budget Commission explore the city's proposed $92 billion operating budget and $104 billion capital plan. Paul Burton hosts.

All of Hilliard’s municipal advisors and associates agreed to join Baird, expanding its presence in the public finance sector.

Because Federal Reserve officials attempt to do too much with speeches and forward guidance, communications are confusing, according to economist Mickey Levy.

New York economic conditions rebounded in March, with purchasing managers reversing course on almost all indexes from the prior month.

The growth in public-private partnerships increases the need to coordinate the infrastructure and public finance teams.

It's the first such deal in four years for the authority.