News and Information from Bond Buyer

Appeals challenging authorization for $1.45 billion of ratepayer-backed bonds sold in the wake of a 2021 winter storm are in the hands of the high court.

Federal Reserve Bank of Chicago President Austan Goolsbee said the central bank should focus on getting inflation to its 2% target before making any additional cuts to short-term interest rates.

A federal judge dismissed a case against Ambac Financial, Ambac Assurance, National Public Finance Guarantee and MBIA Insurance but allowed the case against MBIA Inc. to continue.

"Trump indicated the administration will implement additional tariffs under different authorities, and we expect the aggregate effective tariff rate to ultimately settle around 13%, largely unchanged from current levels," Nuveen strategists said.

A California lawmaker introduced legislation that would require data centers that use excessive amounts of energy to pay a surcharge to avoid rate hikes on residents.

Federal Reserve Gov. Christopher Waller said during an appearance Monday his decision on whether or not to support a cut to short-term interest rates depends on labor market indicators.

Jeff Lipton compares The Bond Buyer's 2026 Predictions Report to his outlook series.

The Bond Buyer's 2026 Predictions Report shows professionals expect growth for the year ahead, but are cautious about changes coming to the central bank.

Mamdani's first proposal showed the worst-case scenario to close New York City's budget gap. He wants the state's help.

Bond markets believed Trump would likely keep tariffs in place in some form — even before the president made his announcement later in the afternoon — which partly explains their muted response throughout the day.

Senior public finance banker Eric Avila has joined Siebert Williams Shank & Co. as managing director and head of the Midwest region.

JPMS violated MSRB Rule G-32 as well as MSRB Rule G-27, FINRA found. 

While near-term uncertainty is inevitable, the court's decision should be accretive to growth expectations and somewhat disinflationary.

The National League of Cities and the National Association of Counties are teaming up with several other local government agencies lobbying Congress over infrastructure funding.

The commission also approved developing a plan to refund $286 million of bonds.

Money is flowing into mutual funds and buyers are snapping up deals.

California voters face roster of massive measures, headlined by high-stakes billionaire tax battle.

This is the sixth time in seven weeks that inflows have topped $1 billion.

"This split enforcement action is unconstitutional and unlawful," their opening brief said.

Huntsville Healthcare Health System plans to use a private placement to make the $450 million purchase and then refinance with bonds in late 2027.