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The new system would hold a commanding presence in Illinois, Michigan and Wisconsin with $17 billion of revenues and 100,000 employees.

Board says it has prevailed in past legal struggles with the local government.

There is absolutely no good reason why, 10 years after Dodd-Frank was enacted, the MSRB has not rationalized its fee structure.

The Sunshine State plans to build a statewide network of electric vehicle charging stations to cut down on carbon dioxide emissions from gas-fueled cars.

Its $400 million GOs attracted investors, resulting in a record low interest cost of 2.31%, according to state Treasurer Shawn Wooden.

Daily report for June 17, 2020.

Federal Reserve Vice Chairman Richard Clarida said the economic damage wrought by the coronavirus pandemic may threaten the stability of long-term inflation expectations, a force economists believe is crucial to anchoring price pressures at their optimum level.

Municipals finished weaker on Tuesday amid Treasury weakness and equity strength.

The projected shortfall is $100 million higher than in late April, but a downgrade is unlikely, an analyst says.

Bondholders hope to negotiate a deal before July 15.

The former Loop Capital executive has nearly two decades of experience in underwriting and institutional sales.

Fed chair says recovery has started but will take time and follow "uncertain" path.

The SEC released an emergency order Tuesday that would allow municipal advisors to facilitate some private placement deals, which have seen an uptick during the pandemic.

The $779 million refunding will capture present value savings while pushing off some debt repayments for budget relief that Fitch called "reasonable."

The deadline to pass the city's fiscal 2021 spending plan is two weeks away and it faces a $9 billion gap.

Primary market COVID-19 disclosures increased to 2,926 filings from 2,529 the week prior. Continuing disclosures increased to 6,107 filings from 5,677.

Andy Dillon and Michael Imber from restructuring firm Conway MacKenzie explore creative options for states and cities coming out of the coronavirus pandemic. Paul Burton hosts.

Daily report for June 16, 2020.

Raymond James' Western region head Robert Larkins was part of a couple caught on video challenging a man for chalking the slogan in front of his own home.

Federal Reserve Bank of Atlanta President Raphael Bostic said he expects U.S. unemployment will be around 10% in the fourth quarter, with an uneven recovery from the COVID-19-induced recession.