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Cook County faces a general fund budget gap of $102.6 million in 2026, and many grants are at risk under the new White House and Republican-controlled Congress.
June 20
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The FOMC's decision to "hold rates steady while signaling only two cuts this year was a subtle but powerful shift," said James Pruskowski, CIO at 16Rock Asset Management.
June 18
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Florida lawmakers passed a state budget and approved plans to pay off $830 million of debt in fiscal 2026 in advance of maturity.
June 18
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The rock-bottom prices show the risks of a high-yield market where liquidity is famously limited.
June 18
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A colleague called the Florida-based lawyer "an institution" in the public finance community
June 18
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Housing advocates are cheering the Senate's embrace of expanding Low Income Housing Tax Credits which ensures a volume increase and reduces a key bond threshold test.
June 18
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Under the agreement, the NBA's Thunder will play for at least 25 years in an arena that will be largely financed by a sales tax revenue bond sale later this year.
June 18
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A growing rainy-day fund helped Alaska win a Moody's Ratings upgrade, bringing the state's issuer and general obligation bond ratings to Aa2 from Aa3.
June 18
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Deals from two small Michigan cities show how bond-funded improvements are used to keep up with water infrastructure replacement needs.
June 18
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Tom Kozlik said he was particularly concerned about the impact of a scaled-back FEMA on issuers in the Southeast.
June 17
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"We expect no change to rates but [for the Federal Open Market Committee] to continue to signal that rate cuts should still be expected," said Cooper Howard, a fixed income strategist at Charles Schwab.
June 17
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The action stems from conduct that occurred from 2020-2023, FINRA alleged.
June 17
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White, who served as CEO of the financial advisory firm for over three decades before retiring at the end of 2011, passed away on Friday.
June 17
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Hillman is part of a spate of hirings deepening the firm's presence in certain regions and the transportation sector.
June 17
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K-12 public schools get a $55 per-student increase in the state basic allotment, while other funding is allocated to specific purposes.
June 17
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In the first quarter of this year, 18.6% of new-issue volume in the market was traded electronically, up from 17.3% last year, according to data from Coalition Greenwich.
June 17
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The Senate needs 51 votes to pass the bill, which has already sparked opposition from moderate and conservative Republicans.
June 17
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