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While the outgoing New York mayor's final plan showed some bright spots, enough remains to test Eric Adams when he takes office.

Daily report for December 01, 2021

Powell says the FOMC will consider ramping up tapering when more information about Omicron and its impacts are known, further flattening the UST yield curve.

Revenues were also up compared to the first quarter of fiscal 2021.

Rising rates and rising inflation are key concerns for municipal bond buyers.

The Internal Revenue Service has issued a preliminary determination that bonds issued by the City of Corpus Christi, Texas, may be retroactively taxable.

Total November volume was up 58.3% to $33.818 billion versus $21.359 billion a year earlier, but the figure is average over a 10-year period. A combination of factors from policy uncertainty in Washington to fears of rising rates led to the increase.

The refinancing will add $80.5 million to the original 2017 federal loan for the project, bringing the total to $606.7 million.

The change of plea hearing is set for Thursday in a federal court in Mississippi.

The Build Back Better Act contains provisions that could help states finance additional affordable homes.

The governor wants to use savings to address the islands' $3.3 billion pension underfunding.

The Chicago-area transit service boards expect a boost from strong sales tax revenue and discretionary grant funding from the federal infrastructure package.

Daily report for November 30, 2021

Economists appear to be less concerned about Omicron, with some saying that even if the variant causes another pandemic wave, it is more likely to "slow rather than interrupt" the global economic recovery.

The House is expected to introduce another temporary government funding bill this week before turning to the debt ceiling issue.

Winter sharpens the political focus on Texas' February power failure and efforts to prevent another.

The forum is urging its members to contribute to scholarship funds to honor the memories of Robert Rosenberg, Carey Gabay, Ned Flynn and Alan Anders.

The Securities and Exchange Commission has charged an Illinois-based broker with defrauding three investors out of $800,000 by luring them into investing in nonexistent tax-exempt bonds.