Capital markets

A selloff in Treasuries didn't throw Washington's deal off course, according to the treasurer's office.

S&P Global Ratings has revised the outlook to positive from stable on the Bluegrass State and affirmed the A issuer credit rating.

Susana Mendoza argues that a budget plan that would use surpluses to pay down bills and raise pension contributions shows the state is on the right fiscal path.

Moody’s Investors Service elevated Idaho’s bond rating to Aaa, following a similar move by Fitch Ratings in November.

Washington plans to sell the GOs by competitive bid on Feb. 8 to fund various projects.

S&P said the action reflects the Orlando International Airport's financial resilience during the pandemic and its strong passenger recovery trends.

Like peers with big endowments and strong student demand, the private university in Chicago has managed through the pandemic with its ratings intact.

Loop acquired an investment advisory firm from BMO.

Mark Miller will replace a retiring Jeff Freese at the helm of the KeyBanc's central team while Cain bolstered its healthcare team with Chris Whitley.

The Texas attorney general’s office is seeking more information on Citigroup’s gun policies as the bank stages a comeback in the state’s municipal bond market.

The Marshall Fire burned 6,000 acres in 24 hours and destroyed more than 1,000 homes in suburban Boulder County between Denver and Boulder.

The agency cited “the appropriation of the full actuarial pension contribution in fiscal 2022 for the first time in 26 years" coupled with improved reserves.

The rating agency is keeping the not-for-profit hospital sector's outlook stable as hospitals continue to benefit from the impact of federal coronavirus relief.

An influx of federal funds contributed to the stable outlook.

The agreement will move along the Penn Station Access commuter rail undertaking and East River tunnel fix-ups.

The U.S. labor shortage is bearing down on hospitals' bottom line and shows no signs of letting up next year according to rating agencies' 2022 sector outlooks.

State officials will wrap up a busy year a sale that includes a social bonds component.

Revenues from the Bay Area Toll Authority's seven bridges are recovering more slowly than many other U.S. toll roads, but it enjoys strong credit fundamentals.

Michelle Wu's election was an exception at the local level as voters rejected hard-left candidates and initiatives.

The two are in sync, said New York City's incoming comptroller, who will take office Jan. 1.