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Chicago projects a $127.9 million gap looms in 2023. That's down from the $306 million projected in May and the $867 million from last year's forecast for the coming year.
August 10
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Two Federal Reserve officials responded to softening inflation data by saying it doesn't change the U.S. central bank's path toward even higher interest rates this year and next.
August 10
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The Investment Company Institute reported investors poured in $1.589 billion into muni bond mutual funds in the week ending August 3, the highest level since November.
August 10
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Dallas would issue about $1.8 billion of revenue bonds starting next year for the convention center project.
August 10
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The latest revenue numbers come ahead of a governor's race that rematches incumbent Brian Kemp against Democrat Stacey Abrams, whom he narrowly beat in 2018.
August 10
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She expects $50 million more in revenues in fiscal 2023.
August 10
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All states hit the Aug. 1 deadline to submit electric vehicle charging station plans to unlock the first piece of funding in the federal infrastructure package.
August 10
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A key distinction commenters raised is the difference between ESG-related credit risk disclosures and non-credit risk ESG information about the issuer or the bonds.
August 10
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Republicans on the Senate Banking Committee are vowing to pursue legislation mandating more transparency from the Federal Reserve after learning the central bank had documents regarding former Fed nominee Sarah Bloom Raskin that the bank never divulged to Congress.
August 10
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Several large new issues priced. Municipal yields were little changed, U.S. Treasuries were weaker on the short end and stocks ended in the red ahead of the much-anticipated July inflation figure.
August 9
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The Oklahoma Turnpike Authority has until Feb. 5, 2023, to resolve lawsuits and get court validation.
August 9
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Raymond James has brought two retired school superintendents on board in Kansas City to bolster its Missouri K-12 practice.
August 9
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The SEC is opposing municipal advisor Brandon Comer's request for a summary judgment in a case, where the Commission alleged Comer breached his fiduciary duty.
August 9
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Detroit says it can't afford to shave 10 years off the amortization schedule of its public safety pension obligations.
August 9
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Weekly supply is holding below $5 billion, reinvestment needs are still in effect from large redemptions and fund flows are leaning more positive, noted FHN Financial's Kim Olsan.
August 8
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Moody's revised Cook County, Illinois' outlook to positive ahead of its mix of sales tax-backed and general obligation bond deals.
August 8
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New Jersey and Illinois have the lowest state bond ratings. But all three states have been ramping up pension contributions, according to S&P Global Ratings.
August 8
