News and Information from Bond Buyer

With the leadership questions mostly answered, the Fed must figure out what to do about inflation. The markets expect the Fed will have to raise rates sooner than planned, and perhaps speed up taper to do so.

The Securities and Exchange Commission has obtained a final judgment against John Paulsen, a broker-dealer charged with aiding and abetting a pay-to-play scheme with the New York State Common Retirement Fund.

States are spending more money on highways, translating into improvements across many performance measures.

Chicago Mayor Lori Lightfoot is aiming to present her pick among five casino bidders to the City Council early next year.

High-rated top-tier universities have weathered the pandemic reasonably well, while lower-rated colleges have experienced a worsening of problems and investors should be cautious.

City historian Larry DiCara discusses the breakthrough election of Michelle Wu as mayor, and recalls crises of yesteryear including the school busing chaos and the Blizzard of 1978. Paul Burton hosts. (25 minutes)

This week will be all about the secondary market given that the majority of issuance was priced earlier in the month while Dec. 1 coupon payments should make secondary offerings look attractive.

Kaufman Hall acquired HRE Capital last week

The new tax-exempt private activity bond categories for broadband and carbon capture projects are designed to avoid straining state volume cap.

Avoiding even the appearance of representing conflicting interests is important for attorneys and municipal advisors alike.

The two are in sync, said New York City's incoming comptroller, who will take office Jan. 1.

Districts that once enjoyed easy passage of bond proposals faced surprisingly negative response in the November election.

The Thanksgiving holiday-shortened week, next-to-no supply and few economic data releases should keep munis steady.

McKinsey partners had access to material nonpublic information about Puerto Rico while overseeing an internal fund's investment decisions that included the sale of $1 million of Puerto Rico bonds, the SEC said.

A request by the Department of Justice could delay the confirmation of the Puerto Rico bankruptcy until March or beyond and that in turn could lead to the current deal's collapse.

COVID-19 stimulus and related infrastructure spending are causing state expenditures to reach a 35-year high, according to NASBO’s 2019-2021 State Expenditure Report.

Los Angeles is falling short of its 2016 agreement to spend $1.4 billion over 30 years to settle an Americans With Disabilities Act lawsuit, says Ron Galperin.

The Commission’s enforcement results highlight the importance of proper disclosure.

President Joe Biden's $1.7 trillion bill passed the House after months of debate and without any of the municipal bond market's priorities.

Putting aside dynamics such as federal pandemic aid and congestion pricing, the transit authority's latest financial plan had a rinse-and-repeat feel.