News and Information from Bond Buyer

Citi's muni strategy group had worried that a proposed 3% surcharge in the reconciliation bill would apply to tax-exempt interest, but now feels differently.

Florida's long coastline, low elevation and susceptibility to severe weather events increase its environmental risks, according to an S&P Global Ratings report.

New leaders could create a joint blueprint while sidestepping another fiscal cliff, said Peter Goldmark, a major player when the city nearly went bankrupt.

The authority's officials have adjusted to the hit from COVID-19 through toll hikes, capital plan reductions and lines of credit.

Retiree medical benefits are creating an overhang for states as they continue to grapple with the pandemic, analysts said.

The House is expected to approve a stopgap funding measure that suspends the debt ceiling and marks one of several partisan showdowns ahead of the looming fiscal year-end.

Data released Tuesday reflected a murky picture on the strength of the economy, but the market’s eyes were fixed on the Federal Reserve’s policy meeting in Washington, D.C.

Mayor Lori Lightfoot wants to use $1.3 billion of the city's $1.9 billion in coronavirus relief aid to make up for lost revenues.

A superior court judge has granted the relator a small victory in a long fought case of alleged false claims, fraud and collusion.

Tax exempt coupon income may be included in a proposed 3% high income surcharge in the reconciliation bill, Citi says

The government is also hoping an outside company will take over the Limetree oil refinery in St. Croix.

Rachael Fauss of watchdog organization Reinvent Albany has a wish list for New York's new governor, Kathy Hochul, that includes a culture shift in budgeting. "We don't want to see business conducted in the dead of night." Paul Burton hosts. (15 minutes).

Private sector competition and unprecedented retirement rates are driving a need to attract new finance workers to a stable and thriving profession.

Morgan Fahy has joined BAM’s capital markets team from Citigroup.

Without the primary in play and a mostly muted secondary, triple-A yield curves were little changed, coming nowhere near the moves in UST with the 10- and 30-year falling five and six basis points as equities saw their worst day since May.

The school will sell $600 million of bonds that a third party verifier said meet green standards.

Muni advisors can dialogue with regulators on key obligations from multiple perspectives

With a record $3 billion going to education, Oklahoma is facing stricter accounting in the wake of charter school funding abuses.

Texas utilities face prolonged risk to their credit from weakness in the state's main electric grid, analysts warn.

Texas Gov. Greg Abbott shifted more taxpayer money toward a border wall and called for redistricting state legislative and congressional districts in a third special session.