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A proposed six-month delay in construction of Purple Line could jeopardize P3 project, Maryland official says.
July 5
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The House Republican blueprint for tax reform introduced last month would result in a 9.1% higher GDP over the long term, 7.7% higher wages and 1.7 million more full-time equivalent jobs, the Tax Foundation said on Tuesday.
July 5 - California
The Los Angeles City Council approved placing a $1.2 billion bond to pay for homeless on November's ballot.
July 5
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Munis were stronger on Tuesday around midday, according to traders, as the yields on some maturities were as many as five basis points lower.
July 5
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The Treasury Department Tuesday auctioned $45 billion of four-week bills at a 0.275% high yield, a price of 99.978611.
July 5 -
New York MTA's plans for new fare-payment systems spotlight how an agency tries to juggle longstanding problems with challenges of tomorrow.
July 5
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Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were mixed, as the three-months incurred a 0.270% high rate, up from 0.260% the prior week, and the six-months incurred a 0.340% high rate, unchanged from 0.340% the week before.
July 5 -
Indicator Last Report Forecast Actual Factory Orders April: +1.8% May: -1.0% May: -1.0%
July 5 -
Munis were stronger on Tuesday morning, according to traders, as the yields on some maturities were as many as four basis points lower.
July 5 -
New orders for manufactured goods decreased 1.0% in May, after gaining a revised 1.8% in April, first reported as a 1.9% increase, the Commerce Department reported Tuesday.
July 5 -
New York City business activity "contracted in back-to-back months for the first time since the Great Recession," although the current business conditions index increased to 45.4 in June from 37.2 in May, the Institute for Supply Management-New York's Report on Business index, released Tuesday, indicated.
July 5 -
Hurricane Czar Alan Rubin, managing director at Tigress Financial Partners, touts the potential of environmental green bonds, their roles in critical infrastructure and resilience funding, the roles of bond rating agencies, the lingering Brexit effect and the importance of issuance standards in a chat with Bond Buyer Northeast regional editor Paul Burton.
July 5 -
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