Economy

Since a temporary exemption allowing muni advisors to facilitate certain private placement deals expired, a federal court cannot strike it down, the SEC argued.

Dovetailing on President Biden's clean-energy initiatives, the Employees’ Retirement System and Teachers’ Retirement System voted for the divestments.

The bistate agency intends to fund a build-in-place Manhattan terminal with capital funds, air rights, PILOT payments and federal backing.

A 'perpetual calm' continues to fall over the municipal market as inflows into municipal funds, combined with the shortage of traditional tax-exempt supply, is directing most aspects of daily market activity.

While federal funds enabled the transit authority to sidestep fare hikes for now, it faces a raft of pandemic-related variables and state budget uncertainty.

Refinitiv Lipper reports another multi-billion week of inflows, the domino effect from such strong flows is that secondary selling doesn’t need to be so active, creating fewer opportunities for new inquiry, analysts say.

President Joe Biden's pick for transportation secretary took questions from a Senate panel on how the nation might pay for robust infrastructure.

This will be MSRB’s first board meeting of the calendar year.

Miami Mayor Francis Suarez talks with Chip Barnett of The Bond Buyer about what makes the Magic City so appealing to companies and investors alike right now. He discusses the attractiveness of its business climate, the city’s financial strengths, efforts to fight climate change and the diversity and resilience of its residents. (7 minutes)

Friday’s data showed economic weakness. Consumers, the drivers of the economy, pulled back during the holiday season and have exhibited weakening sentiment.

The group specifically revised six of its model disclosure documents for risk disclosure including floating rate notes, fixed-rate bonds, interest rate swaps, forward delivery bonds, tender offer bonds and variable rate demand obligations.

KC Mathews, executive vice president & chief investment officer at UMB Bank, discusses how the coronavirus pandemic has affected the economy and what he expects going forward. He speaks about what the incoming Biden administration and the Democrats' control of Congress will mean for the economy; and the Federal Reserve's stance and role in recovery. Gary Siegel hosts. (Recorded Jan. 7; 28 minutes)

Prepaid gas deals were notably absent from 2020's record-breaking municipal market as COVID-19 caused market disruptions for banks that provide credit support.

In their state of the state addresses, the two governors discussed bringing in more revenues.

CommonSpirt would shed some hospitals — mostly smaller critical access ones — under a letter of intent with the Minnesota-based system.

A new path forward for digital banks and their customers.

Chao tweeted her resignation on Wednesday following violent turmoil in the U.S. Capitol.

Federal CARES Act grants and loans, and bond market access, have helped mitigate the financial damage to hospitals caused by the pandemic.

A new period of social liberalization and economic excess could emerge by 2022, leading to inflation and a return to higher interest rates.

Park Place at Elmhurst would restructure and redeem $141 million of bonds issued to exit its 2016 Chapter 11 under a plan pending before a bankruptcy court.