Commercial banking

Federal Reserve Gov. Christopher Waller criticized his fellow Federal Open Market Committee members for not cutting interest rates in July, but said he is "hopeful" that easing monetary policy soon can keep the labor market from "deteriorating."

The world's biggest opera house has been downgraded for the second time this year.

The GOP reconciliation bill will cut $888 million in revenue from Oregon, state economists said, because its state tax laws conform with federal law changes.

Daily report for August 29, 2025

With the break in issuance this week, the market has firmed a bit, said Tim McGregor, managing partner at Riverbend Capital Advisors.

Dan Wertman is the co-founder and CEO of Noetica, a platform used by U.S. law firms to benchmark risk in corporate credit and M&A deals. Previously, Wertman worked at BlackRock and Wachtell, Lipton, Rosen & Katz.

If the SEC grants exemptive relief to firms seeking to offer a multi-class structure, "we will see more ETFs of actively managed municipal bond strategies."

Karen Servidea, JD, is a senior legal analyst for Wolters Kluwer Legal & Regulatory, U.S. She tracks, analyzes and writes about tax law developments for the Standard Federal Tax Reporter, Exempt Organizations Reporter, and Tax Essentials. She previously practiced in civil tax litigation.

Transportation Secretary Sean Duffy has announced plans to take over the operations at Washington Union Station while curtailing a $10 billion expansion project.

The rating agency cited increases in enrollment and improved net tuition revenues.

Metropolitan College plans to sell its Manhattan campus to The City University of New York, providing a reprieve for its bondholders. 

Federal Reserve Gov. Lisa Cook filed a lawsuit in federal court Thursday morning seeking an injunction against President Trump's "illegal attempt" to remove her from the Fed board. The suit claims Trump has not demonstrated "cause" for her removal under the Fed statute.

Transit expert and former MTA head "Train Daddy" Andy Byford is in charge of the $7 billion renovation.

A Category 5 hurricane could lead to more than $200 billion in damage, Moody's Analytics said in a report released before the 20th anniversary of Hurricane Katrina.

Analysts Chris Collins and Melissa Nicandri were among the 64 passengers and crew aboard American Airlines flight 5342. The Bond Buyer will honor them at the Rising Stars dinner.

Introducing The Bond Buyer's newest Muni Hall of Famers who will be honored at an awards dinner in Boston on Sept. 30, 2025.

Paul Chatalas, director of capital markets for the state, said the six series of bonds drew "aggressive bids."