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Issuers in the Midwest sold $82.98 billion of debt last year, a 5% drop from 2016.
February 27
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Assured is pursuing a strategy of investment beyond its core financial guaranty business, to diversify revenue sources.
February 27
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Assured said its fourth-quarter profit fell on lower earnings from bond refunding and a one-time effect of the new tax law, even as the company's share value surged to record levels.
February 27
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Fed Chair Powell's Congressional testimony failed to move municipal bond prices ahead of this week's new issue slate.
February 27
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With the airport's runways updated, Chicago is now aiming to modernize its terminals.
February 27
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Former New York City Comptroller William Thompson, now a partner at Siebert Cisneros Shank & Co., discusses his firm’s success in 2017 and looks ahead to an uncertain market landscape for 2018. “We’re all unsure, we’re all holding our breath … everybody on the Street looks at 2018 as a down year ... 2018 is going to be a challenging year for everyone.” Chip Barnett hosts.
February 27
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Officials say the law's ban on advance refundings may cost the city $425 million in savings over four years and that changes in state law are needed to offset the damage from the limit on the state and local tax deduction.
February 27
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Federal Reserve Board Chairman Jerome Powell refused to comment on his views on the number of times the Federal Open Market Committee will raise rates this year, although he admitted his “outlook has strengthened since December.”
February 27
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Texas service sector activity “continued to reflect expansion in February,” according to business executives responding to the Federal Reserve Bank of Dallas' Texas Service Sector Outlook Survey, as the revenue index increased to 13.2 from 12.8.
February 27
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The consumer confidence index increased to 130.8 in February from a revised 124.3 last month, The Conference Board reported Tuesday.
February 27
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Service sector companies “saw strong growth in February,” according to the Federal Reserve Bank of Richmond service-sector activity survey, released Tuesday.
February 27
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Manufacturing growth in the central Atlantic region was “robust” in February, according to the monthly business activity survey conducted by the Federal Reserve Bank of Richmond, as the manufacturing index soared to 28 from 14.
February 27
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Federal Reserve Chairman Jerome Powell said the central bank can continue gradually raising interest rates as the outlook for growth remains strong, and the recent bout of financial volatility shouldn’t weigh on the U.S. economy.
February 27
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The value of U.S. durable goods new orders fell 3.7% in January, falling more than the 2.5% decrease expected by analysts in an MNI survey.
February 27
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Federal Reserve Governor Randal Quarles offered an optimistic view of the U.S. economy, suggesting it may be on the cusp of a sustained period of faster growth and reaffirming his support for “gradual” interest-rate increases.
February 27
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A state-by-state review of 2017 issuance in the Southwest.
February 27 -
Moody's says CalPERS' faster debt repayment plan is credit positive despite the budget strain it will provoke.
February 26
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Justice Elena Kagan said a ruling in favor of Janus would overturn laws in 23 states, the District of Columbia and Puerto Rico and invalidate thousands of municipal contracts covering millions of public employees invalid.
February 26
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The municipal bond market is expected to give a warm reception to variety of new issues in the smaller-than-average $4.8 billion calendar.
February 26
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Growing revenue challenges coupled with a “very weak” economy led S&P Global Ratings to drop the city two-notches to BB-plus.
February 26
