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A spate of derailments is a unique issue for the Washington Metropolitan Area Transit Authority amid the challenges all transit agencies face post-COVID.
February 24
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Cleveland Fed President Loretta Mester said a bigger-than-expected rise in the central bank's preferred inflation gauge shows the need to keep raising interest rates.
February 24
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Mohamed El-Erian says the financial markets are starting to doubt whether the Federal Reserve can bring inflation down to its 2% target.
February 24
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The federal government has set aside $12 billion to help rebuild Puerto Rico's grid. If used effectively to rebuild a greener and more resilient grid, this federal lifeline can be a substantial downpayment toward affordable, reliable, cleaner energy for Puerto Ricans.
February 24
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Natural gas is generally expected to face a bleak future as governments focus increasingly on carbon reduction.
February 24
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A key consideration in the upgrade was the state's recent actions in both addressing longstanding obligation repayments and rapidly repaying obligations taken on during the pandemic-induced recession, S&P said.
February 23
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The Arkansas LEARNS bill would create "education freedom" accounts to help cover private school expenses.
February 23
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An improving tone was apparent in the municipal market midweek — after a topsy-turvy ride last week when the market saw a close to 50-basis point adjustment to the front end of the triple-A municipal yield curve.
February 23
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Earlier in the pandemic, bond values showed a greater divergence among local government issuers tracked, but that has reverted to pre-pandemic levels, although work-from-home and other uncertainties still take a toll.
February 23
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The bill in Massachusetts bill would establish a "baby bond" program to create a trust account for children born into a low-income households.
February 23
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While the FAFAA backed the board's discovery timeline, bondholders argue the board is trying to "run out the clock."
February 23
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The San Francisco Bay Area Rapid Transit District relied on fare revenue before the pandemic. Ridership has lagged since COVID, and so have revenues.
February 23
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The White House is narrowing its search for a nominee to become the next Federal Reserve vice chair, intending to swiftly replace Lael Brainard, who became President Joe Biden's top economic adviser this week.
February 23
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"Many asset managers are using too many systems to do one job," said Justin Land, CEO of AG Analytics.
February 23
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It says the plan of adjustment can treat bonds of National Public Finance Guarantee differently and let National vote in a different class.
February 22
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Inflows continued with the Investment Company Institute reporting investors added $931 million to mutual funds in the week ending Feb. 15, after $2.194 billion of inflows the previous week.
February 22
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The public finance industry veteran brings his experience to the minority owned investment banking and advisory firm.
February 22
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The state's public pension system initially warned of a $6.7 billion 10-year impact of the required changes that could drive up employer pension costs but an amended version eliminated most of the negative impact clearing the path to advance the bill.
February 22
