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The acting New York City Transit president was in line for a board chairmanship had state lawmakers approved Gov. Andrew Cuomo's measure to split the authority's top positions.
July 29
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The question looms as to what point heightened wildfire activity becomes a significant risk for municipal debt.
July 29
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The pandemic was strikingly different than Sept. 11, financial meltdowns and other disasters, according to Robert Mujica.
July 29
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The massive summer reinvestment into municipal bond mutual funds continue and are both sustaining the strength of investor demand and solidifying the technical footing of the market.
July 28
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Municipal issuers are missing the low-borrowing-cost opportunity to finance repairs and modernize infrastructure, says Merritt Research Services.
July 28
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His bill follows unsuccessful efforts by the territory's Senate to increase oversight of its Water and Power Authority.
July 28
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A bipartisan group of senators negotiating a broad infrastructure deal has reached accord on a plan, the top Republican negotiator said, and debate could begin in the full chamber as early as Wednesday night.
July 28
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Geithner and colleagues including five former central bank heads released a raft of recommendations to bolster the resilience of the market for Treasuries.
July 28
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A Moody's report highlights stark contrast in recovery between tourist hotspots such as Florida and metro areas like New York City and the San Francisco.
July 28
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Lawmakers are considering a bill to credit state employees with three extra years of service for work done outside their homes over nine months of 2020.
July 28
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The economy continues to recover, with durable goods orders and consumer confidence suggesting strength, but concerns about the Delta variant of COVID-19 and continued supply-chain problems cloud the future outlook.
July 27
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The Oversight Board reached the deal with Ambac Assurance and Financial Guaranty Insurance Company on PRIFA rum tax bonds. The two insurers had been important holdouts from the central government debt deal.
July 27
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The hiring of an underwriter moves the city closer to a debt restructuring that is called for in a legal agreement with holders of defaulted bonds.
July 27
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Federal relief and rising revenues drew a change in outlook from Moody's to stable from negative, but Moody's remains the only agency to rate Chicago at junk.
July 27
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Fundamentally, much of the price inflation we’ve experienced over the past year can be attributed to the trillions of dollars of new money pumped into the economy that’s been looking for a home ever since.
July 27
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Federal Reserve Chairman Jerome Powell has won over a number of influential Senate Democrats who are prepared to back him for another term, though a key pair remain holdouts and are unhappy with his leadership on regulation.
July 27
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New York City budget director Jacques Jiha says proactive moves such as building reserves helped the city weather COVID-19 fiscal challenges. Paul Burton and Chip Barnett host. (23 minutes)
July 27
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