-
"Recent months have been trying for investors," said State Comptroller Thomas DiNapoli, "and there is no doubt that challenges lie ahead, with concerns over a recession and potential interest rate increases, but the state pension fund is well-positioned to weather these storms."
July 7
-
It's the largest federal transportation grant to date, said Sen. Chuck Schumer, D-N.Y.
July 7
-
-
The Federal Reserve needs to raise interest rates a bit further to rein in an inflation rate that's too high, monetary expert John Taylor said.
July 6
-
Municipal bond mutual fund outflows intensified as Refinitiv Lipper reported investors pulled $855.719 million from the funds for the week ending Wednesday following $25.331 million of outflows the week prior.
July 6
-
Federal Reserve Bank of Dallas President Lorie Logan said more interest-rate increases will likely be needed to spur meaningful disinflation and bring price-growth rates back to the central bank's target.
July 6
-
More than 80% of Michigan's larger cities said they are using ARPA funds for capital improvements like buildings and parks.
July 6
-
Hawaii and West Coast states are taking aim at helping the homeless in this year's budgets.
July 6
-
The upgrade "is driven by sustained improvements in the city's income tax collections and the city's superior gap-closing capacity," Fitch said.
July 6
-
Moody's negative outlook pinned on rough economic seas ahead for the city, possibly through 2025.
July 6
-
-
Chasse Rehwinkel most recently has held the position of director of banking for the Illinois Department of Financial and Professional Regulation.
July 5
-
The Investment Company Institute reported investors pulled $136 million from municipal bond mutual funds in the week ending June 28, after $338 million of inflows the previous week.
July 5
-
While all four of Chicago's weakly funded pension funds hit a milestone by posting modest increases in their funded ratios in 2021, they lost ground in 2022 due to investment losses driving up the city's pension burden to $35.4 billion
July 5
-
Federal Reserve officials were less united at their June meeting than their unanimous decision suggested, as some favored interest-rate increases but went along with the move to leave policy unchanged.
July 5
-
The express train last week completed a long-awaited extension to the Orlando airport.
July 5
-
The rating agency said the airport has a one-in-three chance of an upgrade over the two-year outlook period.
July 5
-
Much uncertainty remains as the second half of the year begins, with Federal Reserve rates, recession and inflation all still to be decided.
July 5
-
The Florida Insurance Guaranty Association is getting ready to head back to the market next week with a variable-rate bond deal after successfully selling fixed-rate bonds last week to help fund claims from insolvent insurance companies.
July 5
-
