Subject Root Tag

A pipeline of projects is building as infrastructure dollars begin to flow to states.

Goodman's colleagues and friends called her death a loss for the public finance industry. The Canadian native embraced Chicago and her role aiding local and state governments.

Daily report for May 25, 2022

A nonprofit Texas-based retirement community operator filed for Chapter 11 bankruptcy on Monday to deal with its troubled debt and sell its assets.

The mayor has not been formally charged, but has been named in an investigation alleging corruption around the proposed sale of Angel Stadium.

Several major technicals are beginning to improve in the muni market, said Burt Mulford, portfolio co-manager of fixed and strategic income at Eagle Asset Management.

The December 2020 supplemental aid package provided $9.8 billion directly to state departments of transportation, the only direct stimulus that DOTs received.

Chicago hasn't shied away from using its relationships with investment banks to pursuit of larger social goals, but it hasn't always gone the city's way.

The amount of money parked at a major Federal Reserve facility climbed to yet another all-time high, surpassing the $2 trillion milestone for the first time, as investors struggled to find places to invest their cash in the short term.  

John Boyd, principal at The Boyd Company, chats with Chip Barnett about how the COVID-19 pandemic and hybrid work has altered the way companies look at cities and states when they think about locations for their headquarters. (20 minutes)

Federal Reserve Bank of Kansas City President Esther George said she expects the central bank to raise interest rates to 2% by August, with the further course of tightening being guided by how surging inflation cools off.

Daily report for May 24, 2022

NOTICE IS HEREBY GIVEN to the holders of the above captioned bonds (the “Bonds”) identified below, pursuant to the provisions of the General Turnpike Revenue Bond Resolution adopted by the Authority on April 18, 1991, as amended and supplemented to date (as so amended and supplemented, the “General Resolution”) that the Bonds identified below (the “Redeemed Bonds”) are hereby called for redemption prior to maturity and will be redeemed on July 1, 2022 (the “Redemption Date”) at the redemption price set forth below, plus accrued interest to the Redemption Date.

Federal Reserve Bank of Atlanta President Raphael Bostic said policy makers could potentially pause interest-rate increases in September after hiking by a half point at each of their next two meetings.

Fixed-income markets have had a tough 2022 but municipal bonds have been among the ones that have struggled the most.

The latest Congressional effort challenging the state and local tax deduction cap would stop the IRS from restricting state legislation that offsets the policy.

Toll roads, registration fees and mileage-based fees are seen as the most sustainable options for replacing declining fuel tax revenue, but feasibility issues and political pressures complicate the way ahead.

Michigan's new revenue and economic forecast add billions onto existing surplus projections but officials also warn of looming economic headwinds.

The recommendation would build reserves toward a target of 16% of tax revenues in order to prevent drastic service cuts during a recession.

Elected officials in Republican-dominated states say S&P Global Ratings, by introducing ESG analysis, is politicizing the ratings process or even possibly acting illegally.