-
While aversion to an inverted yield curve is strong in the municipal market, an inversion isn’t yet a foregone conclusion.
June 20John Hallacy Consulting LLC -
Despite “significant uncertainty” in monetary policymaking, the Federal Open Market Committee continues to back gradual increases in the federal funds rate, Fed Chair Jerome Powell said Wednesday.
June 20 -
The U.S. current account deficit widened to $124.1 billion in the first quarter from a revised $116.1 billion gap in the previous quarter.
June 20 -
The sales tax increase will bring in an extra $30 million to cover a projected $28 million budget shortfall.
June 19 -
The nation's second-most-populous county faces “difficult choices," board President Toni Preckwinkle said.
June 19 -
Municipal bonds were ending stronger on Tuesday as several large, high-grade deals led by Georgia and Denver swept into the market.
June 19 -
Less than two weeks remain before the new fiscal year, and Gov. Phil Murphy and state lawmakers remain far apart.
June 19 -
The number of muni market dealers has fallen off even as trading activity remained stable, an MSRB report finds.
June 19 -
Salem faces unanticipated costs after cyanotoxins were found in the drinking water supply.
June 19 -
Mayor Tim Kabat Monday has vetoed the concept for the $49.2 million La Crosse Center expansion.
June 19 -
Higher contributions and benefit cuts will reduce Minnesota's unfunded pension liabilities.
June 19 -
The authority, one of the largest municipal issuers, will substitute a Bank of Tokyo-Mitsubishi letter of credit with State Street.
June 19 -
Illinois and Pennsylvania are the only two with a negative rating outlook, Fitch Ratings said Tuesday.
June 19 -
Municipal bonds were stronger on Tuesday as several large deals swept into the market.
June 19 -
Ex-Morgan Stanley branch manager Terry Lee McCoy failed to act on several "red flags" that the accounts of an elderly and incapacitated customer were being abused, FINRA said.
June 19 -
Without a centralized review, a series of fragmented studies could well create a quagmire for the bankruptcy court.
June 19
IEEFA -
U.S. Conference of Mayors President Stephen Benjamin talks about the ways to get Congress to bring back advance refundings for municipal bond issuers. The mayor of Columbia, S.C., also discusses a Smart Cities agenda that’s focused on growing cities through improved infrastructure. John Hallacy is host.
June 19 -
The pace of housing starts rose 5.0% to a 1.350 million seasonally adjusted annual rate in May as building permits fell 4.6%.
June 19 -
Federal Reserve Bank of New York President John Williams said the U.S. economy is in great shape.
June 19 -
The territorial government's resistance to the labor law may prompt Oversight Board to approve its own version of the budget due this month.
June 18























