Subject Root Tag

While the legislation heading to Gov. J.B. Pritzker's desk will not affect CPS' rating in the short-term, the district's ability to manage labor conflict could affect credit quality over time, Fitch said.

With the Permanent University Fund only benefitting the two biggest public universities in Texas, the state legislature will consider creating an endowment for other higher education institutions.

Missouri's challenge to the law that prohibits pandemic aid funding being used for tax cuts won't get a hearing.

The MSRB's quarterly meeting, set to take place Jan. 25-26, will also include discussion of EMMA modernization efforts and the impacts of the Financial Data Transparency Act.

The Municipal Securities Rulemaking Board's request for comment on amendments to its primary offering disclosure rule garnered just two submissions.

Bullard says Fed rates need to stay on tighter side in 2023

Powell, 69, received the positive test Wednesday and "is up to date with COVID-19 vaccines and boosters," the Fed said in a statement, adding that he is working remotely while isolating at home.

The alliance will hold semi-annual conferences to consider innovative solutions to infrastructure financing and delivery.

Improved disclosure is likely to have a cost, though analysts have long maintained the benefits outweight that.

Daily report for January 18, 2023

Chicago put out pre-marketing pricing scales Tuesday on its STSC new money social bonds and refunding tranches and will take retail orders Wednesday with the pricing set for Thursday.

Demand for muni bonds has slowly started make a comeback, with Jason Wong, vice president of municipals at AmeriVet Securities, saying, "this demand is a welcome sign to the tax-exempt sector as rising yields pushed investors to the sidelines."

Gov. Phil Murphy is behind the push for the Garden State to develop offshore wind power, ramping up from 3,500 megawatts by 2030 to 11,000 megawatts by 2040.

Michigan's latest revenue forecast boosts prior projections by more than $1 billion annually for fiscal 2022, 2023, and 2024.

Treasury typically suspends the sale of new state and local government series securities when nearing the borrowing cap.

Moody's downgraded St. Mary's College of California to Baa3 with a negative outlook, affecting $53 million in debt issued through the California

"Now our state is blessed with an opportunity for prosperity and growth unlike any before in our history," said Jim Justice.

Exploring why some call 2022 "the year of the great reset" and what that may mean for the muni market this year.

Daily report for January 17, 2023

Janet Mills wants to use $1 billion in federal infrastructure aid and higher-than-expected state revenue to fund billions in transportation improvements.