Economy

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.

Sources say pricing of bonds will be a prevalent issue in 2021 following comments made by bipartisan SEC commissioners.

Moody's says the coronvirus' economic impact adds to fiscal pressures on several of the state's cities dependent on oil and gas revenue

The program has drawn comparisons to the Securities and Exchange Commission's MCDC.

The lawsuits concern bond disclosure in South Carolina, a Florida toll bridge default, and the federal water rights fight between Florida and Georgia.

With sparse economic data available, market participants will likely be focused on news from Washington and the continued effects of COVID-19, according to the economists at Deutsche Bank.

The president-elect takes a much more expansively realistic view on the synergistic relationship between infrastructure investment and the middle class.

Sources see ways to get more investment in infrastructure with municipal bond provisions, but bipartisanship will be essential.

With its revised framework, it will take more than rising inflation for the Federal Reserve to raise rates.

They cite coalition building, learning from past mistakes, project planning and effective outreach during the pandemic.

The negative outlooks tie to the possibility of more constrained financial resilience in the future, according to Fitch Ratings analysts.

The firm violated municipal advertising and fair dealing rules, the SEC found.

Join Jim McKelvey, co-founder of Square as he offers his insights into where the Fintech industry is headed next year. Will a Biden administration insist on greater regulation? What will happen in the cryptocurrency markets? What will be the big IPOs in the sector? Will GooglePlex make a big splash? What new technologies or applications should we be expecting?

SEC Chair Clayton told Rep. French Hill, R-Ark., late last week that he expects the program to sunset at year's end as scheduled.

The commuter rail that runs between San Jose and San Francisco benefitted from a criteria revision on not-for-profit transportation infrastructure.

Federal Reserve Vice Chairman Richard Clarida, voicing optimism on the economic outlook thanks to coronavirus vaccines, said the U.S. will likely avoid slipping back into recession as growth rebounds next year.

Multiple news articles, which the SEC did not include, contradict the commission's major reasoning for why a temporary exemption for municipal advisors was needed, SIFMA said.

The state will use a public-private partnership to replace the 68-year-old Interstate 10 bridge over the Calcasieu River between Westlake and Lake Charles.

The Federal Reserve Bank of Philadelphia's manufacturing index fell to a seventh- month low, while jobless claims hit a three-month high.