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GASB Statement 91 calls for conduit issuers to stop reporting conduit debt in their financial statements and to report all of it in their accompanying notes starting Dec. 15, 2020.

The cash-strapped state’s public-private partnership will pay for a fixed-span bridge to replace an aging lift bridge and tunnel in Belle Chasse.

Judy Shelton, a conservative economist whom the Trump administration is considering for a vacancy on the Federal Reserve, said the central bank should avoid restraining growth while the U.S. is engaged in a trade war with China.

The Portland Diamond Project will get up to six more months to study a Northwest Portland marine cargo terminal as a potential baseball stadium site before it has to commit.

The markets have priced in a Federal Reserve rate cut this year, with the likelihood of a September reduction rising to 62% on Wednesday from a 50-50 shot on Tuesday and about a 91% of a 25 basis point cut by yearend.

The authority says the site will help investors access credit fundamentals.

Representatives of minority- and women-owned small banks from around the country met to discuss how to expand business opportunities.

Luke Dobbins of the Bank of Cherokee County, Oklahoma, explains why a Native-American owned bank is helped by MWBE University.

Paul Mak of Banco Popular says it can be a challenge for some banks to make money in low- to moderate-income areas.

Alisha Fulcher of East West Bank says her bank looks forward to partnering with NYC and creating a bigger impact in the communities it serves.

A surplus this coming fiscal year will be used in following years for debt and pension payments, Executive Director Natalie Jaresko said.

Willie Blalock of City National Bank in New Jersey talks about the value of minority banks.

MWBE University is a program developed by NYC Comptroller Scott Stringer to aid businesses owned and operated by women and people of color.

Two rating agencies offered slightly different takes on how school districts would fare.

Munis are termed rich, but taxables still shine.

The standard measure of interest rate risk is effective duration; it is the critical input to portfolio-based hedging.

Some stakeholders say the CUSIP requirement for MAs is needed, while other say it is burdensome.

Illinois lawmakers gave first-year Gov. J.B. Pritzker a victory on a cornerstone of his fiscal plan for the troubled state.

The Federal Reserve Bank of New York said two of its top officers are departing — including Simon Potter, who oversees its strategically vital trading desk.

The financier's lawyers disputed a court-appointed monitor who had criticized him for maintaining an expensive lifestyle while his investors faced losses.