Economy

The deal, set to close in the coming weeks, adds a group of capital markets and other market professionals, according to a press release.

A cutback in federal funding for state revolving loans to water utilities is among the things pressuring water utilities in Florida.

Cyberattacks increasingly threaten cash-strapped communities in the Midwest, with threat actors using artificial intelligence to turbocharge their campaigns.

The Metropolitan Transportation Authority chair and CEO says changes are needed to state and federal laws and the MTA's financial structure.

In an unusually competitive election season in the GOP dominated Lone Star State, candidate platforms include moves that could impact state and local finances.

Bondholders agreed to extend the lender longstop date, giving developers more time to test the LAX SkyLink project and avoiding an imminent technical default.

Healthcare providers will receive nearly $12 billion in funding in fiscal 2027 with federal approval of the state's Medicaid directed payment programs.

The rising cost of living, demographics, and growing utility demands are reshaping the credit profiles of municipal issuers and public utilities for the worse.

Transit systems have to adjust to a new ridership reality, but some have reoriented service and prevented operating challenges from becoming credit problems.

Participants in a power panel at The Bond Buyer's Infrastructure conference discussed current trends and the way forward for public power.

Fitch Ratings revised its outlook to stable from negative on the Corpus Christi utility and S&P removed it from CreditWatch with negative implications.

Despite uncertainty created by federal policies and global turmoil, California's trade did not shrink; it shifted.

The Northern Illinois Municipal Power Agency returned to market for the first time in a decade as two of its three members re-evaluate their energy options.

The plan is estimated to cost about $1.8 billion for a rail system connecting downtown Oklahoma City to Edmond and Norman and $730 million for bus transit.

Counties and states are moving ahead with replicable, bond-financed affordable housing funding models as new regulations designed to jump start community development are still working their way through the pipeline.

KeyBanc Capital Markets will price for the Ohio Water Development Authority $160.1 million of water development revenue and revenue refunding bonds on Tuesday.

"The people of New Orleans deserve better results from the Sewerage and Water Board," said Mayor Helena Moreno.

The failure of California's recent wildfire liability legislation leaves investor-owned utilities like PG&E and SoCal Edison exposed to continued financial risk and potential ratings downgrades.

More than $2 billion of affordable housing and healthcare bonds were approved by the North Carolina Local Government Commission.

Market Intelligence analyst Jeff Lipton argues data center expansion will likely create a reallocation of risk and the market should price the contractual framework of a utility and how that insulates bondholders.