-
Moody's has downgraded Puerto Rico's general obligation bonds to Ca from Caa3, due to the protracted economic and revenue disruptions caused by Hurricane Maria.
October 11
-
Recovery from Hurricane Harvey is expected to cost state government about $2 billion over the next two years.
October 11
-
Top-rated municipal bonds ended stronger on Wednesday as new offerings from Texas and California issuers hit traders' screens.
October 11
-
The federal funds rate target should continue rising gradually until reaching its “new normal of 2.5%,” Federal Reserve Bank of San Francisco President John Williams said Wednesday.
October 11
-
The job cuts are permitted under the state’s Municipal Stabilization and Recovery Act, the judge ruled.
October 11
-
The Metropolitan Water District's support could augur well for the project.
October 11
-
Tax-exempts important, but not enough, infrastructure advocates tell Congress.
October 11
-
The U.S. Senate’s proposed spending plan would raise the cap on airports' passenger facility charges and expand airport improvement grants.
October 11
-
“We’re going to bond here like crazy,” said West Virginia Gov. Jim Justice.
October 11
-
The Treasury Department auctioned $20 billion of 9-year 10-month notes with a 2 1/4% coupon at a 2.346% high yield, a price of 99.158502.
October 11
-
Thursday's $24.3 million deal Thursday comes with a low-investment grade rating.
October 11
-
Maintaining that gradual rate hikes remain the best course for the economy, Federal Reserve Bank of Kansas City President Esther George said Wednesday the Federal Open Market Committee “is, by historical standards, meeting the dual mandate.”
October 11
-
Top-rated municipal bonds were stronger at mid-session as action in the primary market heated up.
October 11 -
The Treasury Department Wednesday auctioned $24 billion of three-year notes with a 1 5/8% coupon at a 1.657% high yield, a price of 99.906770.
October 11
-
Puerto Rico faces a government shutdown after the end of the month without an infusion of cash.
October 11
-
The mayor cited high reserves and bond ratings while challengers Nicole Malliotakis and Bo Dietl called his spending reckless.
October 11
-
The municipal bond market is set to see primary action heat up on Wednesday with the pricing of several large deals from issuers in Texas and California.
October 11 -
Cook County officials will have a $200 million budget hole to fill without the tax.
October 11
-
Renovate America says executive changes are unrelated to FBI, SEC investigations
October 10
-
The $361 million student housing complex achieved less than half of its expected occupancy in its first year.
October 10
