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The county that includes Chicago projects a surplus this year that will replenish a reserve draw and a modest $121 million gap is projected next year.
June 24
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The final new issues of the week close with some bumps in repricings while the secondary was quiet.
June 24
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President Joe Biden celebrated his tentative deal with a group of Democratic and Republican senators on a $579 billion infrastructure plan, saying it would create millions of jobs while fulfilling a major piece of his economic agenda.
June 24
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Facing lawsuits and federal opposition, the Texas Department of Transportation had to pause the $7.5 billion North Houston Highway Improvement Project.
June 24
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One big area of spending growth has been Medicaid health services for the poor, which is on track to jump by 12.5% in the current fiscal year.
June 24
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Brightline Holdings will wait until 2022 to try again to finance a passenger train to Las Vegas from Southern California with tax-exempt bonds.
June 24
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Under Hawaii's system, the governor, David Ige, signals his intent to veto and then negotiates with lawmakers before making them formal.
June 24
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How the pandemic is accelerating trends in financial advice and changing the way Americans manage their money.
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The shift means that lease-revenue bonds supporting federal leases will no longer be notched off the federal government’s rating.
June 24
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Fitch revised Illinois' outlook to positive but the rating remains BBB-minus, the lowest investment grade.
June 23
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The U.S. economy will likely meet the Federal Reserve’s threshold for tapering its asset purchases sooner than people think, said Dallas Fed President Robert Kaplan, who has penciled in an interest-rate increase next year.
June 23
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Federal Reserve Bank of Atlanta President Raphael Bostic said the central bank could decide to slow its asset purchases in the next few months and he favored lifting interest rates in 2022 in response to a faster-than expected recovery from COVID-19 pandemic.
June 23
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Following the change, S&P now views all U.S. public finance sectors as stable with the exception of higher education.
June 23
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Triple-A benchmark yields moved higher by as much as five basis points while ICI reported another $1.8 billion of inflows and ETFs increase their share by $841 million.
June 23
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As infrastructure talks unfold in Washington, the likelihood of higher taxes may be waning, at least in the short run.
June 23
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The board set a noon Thursday deadline for repeal of Act 7, otherwise it will seek a legal remedy.
June 23
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Governor expected to call for more crackdowns on voting, teaching of race theory in public schools.
June 23
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A new administration in Washington and the power of coastal atmospheric patterns may boost wind-turbine electricity generation in the Southeast.
June 23
