Economy

UTIER uses a broad range of arguments against LUMA Energy taking over Puerto Rico's energy transmission and distribution system.

New Mexico joins neighboring states Arizona and Colorado in legalizing marijuana sales with an eye toward higher state revenue.

The transit authority has a $2.9 billion hole in its $54.8 billion five-year plan, according to New York State's comptroller.

Municipal bonds have a direct effect on the social and cultural character of cities, metropolitan areas, counties, and states. Munis and the initiatives they support such as public education, housing subsidies, public transit systems, and more, can often be linked to local or regional politics. Join Lynne Funk, Executive Editor at The Bond Buyer and Destin Jenkins, Neubauer Family Assistant Professor of History at the University of Chicago as they explore how municipal bond mismanagement can have contrasting influences on the different ethnic groups in our cities.

“Everybody’s getting a lot more comfortable with having the virus under control and we are starting to see it in the form of economic activity,” said Federal Reserve Gov. Christopher Waller.

Nearly 40% of the fees it pays for bond sales go to women-owned, minority-owned and service-disabled veteran-owned investment banks.

A case settled this week was the first brought in decades by FINRA for a rule violation on quotations.

The agenda includes discussion of possible changes to MSRB Rule G-10, on investor and municipal advisory client education and protection.

Ohio's Summa Health is selling $310 million of taxable corporate CUSIP debt Wednesday.

S&P Global downgrades Tri-State Generation and Transmission Association to BBB-plus amid plans to reduce coal consumption and lower costs for members.

The markets and the Fed are not on the same page about the future of inflation. Luke Tilley Senior Vice President and Chief Economist at Wilmington Trust will discuss the economy and inflation.

The COVID-19 pandemic is both reinforcing traditional strategies that drive consolidation and steering new trends

While state budget language restricts the governor's use of $1.3 billion of bonding, he has other options as transit advocacy groups push back.

Wiggins takes the helm as the system strives to recover from the pandemic and build out its rail network ahead of the 2028 Olympics.

Lawmakers added more money and projects to Idaho's Garvee program in 2017 partly to counter congestion from the state's massive population growth.

S&P cut Energy Harbor Corp.'s issuer credit rating to junk due to the subsidy repeal, but affirmed $400 million of bonds at the low investment grade level of BBB-minus.

Still, Moody's on Tuesday revised its outlook on the New York MTA's primary transportation revenue bond credit to stable from negative while affirming its A3 rating.

Lawmakers packaged revenue, social justice and market positioning while flexing political muscle when they voted to legalize marijuana.

A Biden executive order may lead to the expansion of a central Puerto Rico industry — pharmaceuticals.

MTA and regional transportation advocates welcome the news that the Federal Highway Administration is advancing the project.