- California
Los Angeles city officials introduced a motion to place the burden of repairing and maintaining 11,000 miles of city sidewalks on homeowners and business owners.
June 2
- Illinois
The Chicago Board of Education won't face a rating hit from Standard & Poor's as Chicago did after losing its investment grade credit from Moody's Investors Service.
June 2 - Puerto Rico
A $2.3 billion recovery plan delivered to creditors by the Puerto Rico Electric Power Authority on June 1 has some "unworkable" aspects, according to a financial advisor to the utility's bondholders.
June 2
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Municipal issuers spent $2,000 to $18,000 to do continuing disclosure reviews under the Securities and Exchange Commission's Municipalities Continuing Disclosure Cooperation Initiative and the vast majority of them felt they were forced to do them, the Government Finance Officers Association said during a spirited panel discussion here Tuesday.
June 2
- Connecticut
Connecticut's full legislature is set to vote on a $40 billion biennial budget after lawmakers struck a tentative deal with Gov. Dannel Malloy over the weekend.
June 2
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Prices on top-shelf municipal bonds continued to weaken for a second straight session, traders said, as yields on some maturities strengthened by as much as four basis points by mid-session.
June 2
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Newly discovered meeting tapes may shed additional light on Scrantons 2002 pension incentive, said Pennsylvania Auditor General Eugene DePasquale.
June 2 - Pennsylvania
With Pennsylvanias bond rating at stake, lawmakers and officials this week resume the compelling debate over state and local unfunded pension liabilities.
June 2
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The Treasury Department Tuesday sold $30 billion 12-day cash management bills, dated June 3, due June 15, at a 0.035% high tender rate.
June 2 -
The Treasury Department Tuesday auctioned $35 billion of four-week bills at a 0.005% high yield, a price of 99.999611.
June 2 -
This week we review our proprietary DIVER Geo Score, highlight the strongest and weakest States as well as provide you a link to get the scores themselves. We also focus on the divergent economies of Kentucky, Tennessee and West Virginia.
June 2
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With first-quarter data coming in weak, forestalling an "immediate" rate increase, time for liftoff is getting "clearer," Federal Reserve Board Governor Lael Brainard said Tuesday.
June 2 -
Indicator Last Report Forecast Actual Factory Orders March: +2.2% April: unch April: -0.4%
June 2 -
New orders for manufactured goods decreased 0.4% in April, after gaining a revised 2.2% in February, first reported as a 2.1% increase, the Commerce Department reported Tuesday.
June 2 -
New York City business activity "moderated" in May, as the current business conditions index declined to 54.0, from 58.1 in April, the Institute for Supply Management-New York's Report on Business index, released Tuesday, indicated.
June 2 -
The municipal bond market was awaiting the first of the week's new issue supply to be priced, with New York City negotiated and competitive deals in the works.
June 2 -
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