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Pennsylvania’s two largest public pension systems are paying much higher private equity fees than they report -- a nearly $4 billion differential -- a finance professor told an oversight panel.
September 21 -
Lombard sold $3.9 million of unrated GOs in its first market test after reneging on a pledge to support bonds sold to fund a hotel.
September 21 -
Amid hurricanes and other natural disasters and with federal funding a wild card, municipalities and states adjust.
September 21 -
Jerome Powell has already put his own stamp on Federal Reserve communications. If he wants to shake things up a little more, he’s got a number of options.
September 21 -
S&P Global Ratings revised its outlook on Nevada's AA rating to positive from stable.
September 20 -
Alton still needs a long-term public safety pension funding solution, S&P Global Ratings said as it downgraded the city.
September 20 -
The weekly average yield to maturity of The Bond Buyer Municipal Bond Index rose to 4.12%.
September 20 -
The Houston-based firm built by former Hilltop Securities bankers has added three key executives.
September 20 -
A Carlsbad, Calif.-based San Diego-based firm, Eric Hall & Associates, is accused of being unregistered when it served as municipal advisor to a school district.
September 20 -
Commissioners made no mention of gun policies that led them to oust Citi and Bank of America Merrill Lynch from the deals.
September 20 -
Issuers from Colorado, Minnesota, and Florida led the pack of issuers on Thursday.
September 20 -
California government officials are trying to figure out how best to use the Opportunity Zones created in the 2017 federal tax bill.
September 20 -
New Jersey Gov. Phil Murphy says the state will save $497 million over two years.
September 20 -
The agreement will provide the team $135 million from lodging taxes for the upkeep of Safeco Field, a deal some County Council members call corporate welfare.
September 20 -
The last of the week’s big deals came to market on Thursday with issuers in Colorado, Pennsylvania and Florida leading the pack.
September 20 -
Puerto Rico’s federal overseers are poised to raise their forecast for the island’s budget surplus over the next four decades after an influx of aid and rebuilding from last year’s storm is expected to give a jolt to the economy.
September 20 -
Existing home sales were flat at a seasonally adjusted 5.34 million-unit rate in August.
September 20 -
The composite of the Leading Economic Index was up 0.4% in August following a 0.7% gain in July, the Conference Board said Thursday.
September 20 -
Despite being in a relatively stable environment, there are many factors to remain diligent about, according to Matthew Gastall, executive director at Morgan Stanley Wealth Management. He discusses ratios, macro factors, spreads and key cycle indicators and cautions on local GO and transportation credits heading into the late cycle. John Hallacy is host.
September 20 -
U.S. filings for unemployment benefits unexpectedly fell for a third straight week to a new 48-year low.
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