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The ruling striking down affirmative action may bring a fresh headwind to the higher education space, which already faces soft enrollment trends.
July 11
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Through his use of the partial veto, Gov. Evers pared down a GOP-authored income tax cut and gave school districts the power to raise a per pupil revenue limit by $325 annually for centuries.
July 11
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Nick Venditti of Allspring Global Investments talks about evolving demand components, compelling yields and expectations for second half performance. Jessica Lerner hosts. (24 minutes)
July 11
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This week should see a return to more normal supply, which might be a little higher than average for the year so far, said Daniel Solender, partner and director of tax-free fixed income at Lord Abbett & Co.
July 10
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Facing revenue shortfalls, funding for Gov. Gavin Newsom's zero-emission efforts had been put on a waiting list.
July 10
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Legislative leaders said they agreed to an $18 billion package that includes a reduction in school property taxes and a higher homestead exemption.
July 10
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BofA Securities remained at the top of the list, with $22.948 billion, accounting for 13.4% of the market, but the rest of the top 10 saw some shuffling.
July 10
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Vern Breland has been permanently barred from participating in any municipal securities issuance after he and the city's municipal advisor were charged with misleading investors on two offerings.
July 10
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Municipal Capital Markets Group, Columbia Capital Management and Caine Mitter and Associates moved into the top 10, while Baker Tilly Municipal Advisors, Stifel Nicolaus & Co. and Swap Financial Group were ousted.
July 10
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A federal bankruptcy judge will hold a hearing later this month on appointing an independent trustee for Legacy Cares or dismissing the case.
July 10
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Most top 10 issuers for 1H are from New York and California, with three from New York and three from California.
July 10
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New York State Comptroller Thomas DiNapoli urged state agencies to do more to protect water systems from cyberattacks as Moody's Investors Service said cyber risks pose challenges to municipalities across the United States.
July 10
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For the coming week, investors will be greeted with a new-issue calendar estimated at $7.282 billion.
July 7
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Several guideposts have also already been offered as Mayor Brandon Johnson must balance his campaign pledges on funding new investments and structurally balancing the budget while holding the line on property taxes as the city deals with crime, rising costs, and end of federal COVID-19 funds.
July 7
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The money is to help AES-Puerto Rico continue to provide PREPA with electricity.
July 7
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Proponents say it's the right time after states reaped the revenue rewards of a strong post-COVID economic rebound. Opponents, however, point to the gloomy market predicted to be ahead.
July 7
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Through proposed SEC regulations, federal grants and cybersecurity insurance, areas of the public finance industry are adjusting to costly and omnipresent cyber threats.
July 7
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The Bond Markets and Racial Equity Project is an effort to center equity in municipal bond-funded investments.
