Economy

Market Intelligence analyst Jeff Lipton distinguishes impairment from default in unenhanced conduit multifamily credits and explains how occupancy declines, covenant breaches and reserve draws can trigger severe price discovery long before a payment miss occurs.

Hennepin County Medical Center operates one of the state's busiest emergency departments, and most patients are uninsured or on public insurance like Medicaid. 

Mayor Karen Bass introduced a multi-year comprehensive plan, saying it is a first for a city that for too long had a fragmented approach to infrastructure.

The bond sale follows an upgrade by S&P Global Ratings but comes while the city is in the midst of an extreme drought.

Artificial intelligence will help maintain the nation's global competitiveness, according to a panel of political and tech leaders at the Milken Institute's Global conference.

After Gov. JB Pritzker released his BUILD plan to lower housing costs, the Illinois Municipal League unveiled its proposal: the REAL Housing Act.

The biggest-ever bond referendum in Texas was passed Saturday for Dallas schools, while voters in only one city chose to leave Dallas Area Rapid Transit.

Doubts are emerging on Capitol Hill about when a surface transportation reauthorization may arrive and what effect, if any, it will have on the beleaguered Highway Trust Fund.

In addition to building a new patient tower dedicated to cancer care, the bonds will refund nearly all of Dana-Farber's outstanding debt.

Guam is diversifying its economy beyond tourism and the military, Gov. Lourdes Leon Guerrero said.

"Really the only chance of high speed rail in the United States in the next decade is Brightline West," said Federal Railroad Administration head David Fink.

Market Intelligence analyst Jeff Lipton argues MRBs can add value to conservative muni sleeves, but warns that extraordinary redemption features, prepayment behavior, loan origination performance and liquidity constraints can make redemption analysis just as important as credit analysis.

Debt requests are escalating as the Lone Star State accommodates a growing population and addresses aging infrastructure.

Veteran public finance banker Shawn Dralle has joined Los Angeles County as assistant-treasurer tax collector.

The authority that runs the Dulles airport plans bond sales and public private partnerships to keep the facility competitive amid Trump administration interest.

The Middle East conflict sent oil prices higher, potentially benefitting energy producing states, although heightened inflation risks could hit budgets.

Pricing deals on Monday, alerting investors weeks ahead of pricing, and crafting SMA-friendly structures are some of the ways dealers are promoting their deals in a flood of supply.

New Jersey Transit plans to announce a special FIFA ticket on Friday that could cost more than $100 for riders going to MetLife Stadium for World Cup games.

Federal Reserve Gov. Stephen Miran Thursday said that the Iran war and tariffs will not have long-term impacts on inflation, but did say he is reconsidering his rate cut outlook for the year.

Superior, Wisconsin, officials are mulling a bond-financed acquisition of the water system currently owned by private firm Superior Water, Light, and Power.