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The pension system is in an “accelerating death spiral,” he said. In contrast, he offered good news about the territory's water and power authority.
January 26 -
New issues priced with ease with high-grade issuers tight to triple-A benchmarks. It was the first time the municipal yield curve saw such noticeable movement, following little changed secondary activity for nearly the past two weeks.
January 26 -
The Illinois legislature passed a pension benefit enhancement for a group of Chicago firefighters. If Gov. J.B. Pritzker signs it, local taxpayers will pay up.
January 26 -
The SSI debate is expected to highlight an array of other federal safety-net benefits that residents of Puerto Rico are denied.
January 26 -
Since a temporary exemption allowing muni advisors to facilitate certain private placement deals expired, a federal court cannot strike it down, the SEC argued.
January 26 -
The public finance veteran was recently special counsel at McCarter & English.
January 26 -
New technological innovations, consumer behavior shifts, competition from fresh digital entrants, and regulatory reforms herald the payment environment of tomorrow. In addition, the current pandemic is pushing players to rethink their market fundamentals in an already transitioning industry. Join John Adams, Executive Editor of PaymentsSource and our special guest, Andrew Jamison a virtual card expert with twelve plus years at American Express and CEO & Co-Founder of Extend, in a discussion about the business strategy, management, and innovations in the post pandemic ecosystem and how it can serve the way the economy is headed.
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Nicole Gelinas of the Manhattan Institute explores New York MTA's structural deficits, a capital program on hold and federal rescue needs while ridership has cratered during the pandemic. Paul Burton and Andrew Coen host (21 minutes). Recorded Jan. 4.
January 26 -
Lack of female representation is a systemic issue in the financial services industry, made worse by COVID-19. We should use these pandemic lessons to balance scales that have been tilted for much too long.
January 26
Ernst & Young LLP People Advisory Services -
Dovetailing on President Biden's clean-energy initiatives, the Employees’ Retirement System and Teachers’ Retirement System voted for the divestments.
January 26 -
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Federal COVID-19 relief aid cushions the district's balance sheet but labor, state budget, and pension woes remain.
January 25 -
Returns of all the investment grade options "pale in comparison to those for municipal high-yield," which should bolster Texas gas and Chicago public schools deals.
January 25 -
The agreement to end the lawsuit over the sale of securities for a failed nuclear reactor project still must be approved by the court.
January 25 -
ISFA board member Leslie Darling will take over the role of board chair.
January 25 -
The $187 million deal is the largest yet to be hosted on the Clarity platform, which is approaching the half billion mark of resets every week.
January 25 -
The negative outlook reflects the challenge of rebalancing the district’s budget in the face of pandemic-related reopening costs.
January 25 -
With interest rates at historic lows and stock market returns at record highs, Tucson sees a ripe opportunity to issue pension debt.
January 25 -
The case has also has fiscal implications for Arkansas, Delaware, Nebraska, New York, and Pennsylvania.
January 25 -
The bistate agency intends to fund a build-in-place Manhattan terminal with capital funds, air rights, PILOT payments and federal backing.
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