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The two-notch lowering to A-minus precedes the transit agency's planned $258 million negotiated sale of transportation revenue refunding green bonds.
October 26 -
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This five-part series is a comprehensive effort to explain the racial discrimination Black Americans face in our financial system.
October 23 - N. J.'s decision to use tax-exempts for planned $4B bond sale reflects market strength, analysts say
New Jersey had a choice between the Federal Reserve’s Municipal Liquidity Facility and the muni market for its upcoming $4 billion borrowing.
October 23 -
Revenues for the year came in $8.7 billion above projections in the fiscal 2021 budget, but expectations were down.
October 23 -
Ratings agencies, banks and asset managers are formulating strategies to address ESG as investors clamor for information.
October 23 -
The city needs to continue meeting pension commitments and moving to structural budget balance despite the coronavirus pandemic, the rating agency said.
October 23 -
Municipals held firm Friday as the market gets set for another week of hefty supply. Citi anticipates $550 billion in 2021, led by surge in taxable issuance.
October 23 -
Uncertainty has been the code word since March — about the length of the pandemic, about the election, and many other issues. The markets hate uncertainty.
October 23 -
The board, at the first quarterly board meeting of its 2021 fiscal year, also voted to split its existing Nominating and Governance Committee into two.
October 23 -
Officials from New York's MTA and the Long Island village are working on a project to build in what is now a commuter train station parking lot.
October 23 -
New York's mayor is shifting $466 million to the current fiscal year’s capital budget to tackle affordable housing needs to offset some of his coronavirus-related cuts.
October 23 -
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When both origination and forbearance demand spiked in the early weeks of COVID-19, quick thinking lenders were able to leverage their expertise and tech stacks to respond quickly.
October 22 -
The city of Myrtle Beach, South Carolina, will honor its backup pledge to replenish the Myrtle Beach Convention Center Hotel Corp.’s debt service reserve fund.
October 22 -
The National Governors Association reported this week that states expect to exhaust their entire share of the Coronavirus Relief Fund by the Dec. 30 deadline.
October 22 -
Municipals were little changed on Thursday as the supply surge continued ahead of the U.S. elections.
October 22 -
From finding new efficiencies to redefining the customer experience; fintechs are permanently changing financial services. But what does the actual acquisition process look like?
October 22 -
The coronavirus pandemic has turned every industry on its head. For lending, it exposed the need for modernized, fully digital platforms.
October 22 -
Jobless claims fell to below 800,000, existing home sales soared, leading indicators rose more than expected and the Kansas City Fed manufacturing index also climbed in the latest reading.
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