Economy

Los Angeles' debt manager says the mandate will not change the already inclusive processes it uses to hire financial teams to work on the city's debt.

Fitch said it expects the law will spur more public power borrowing for clean energy facilities.

The "after-action" report concluded that the Great Hall project would have been better served with a more traditional finance and contracting approach.

The congestion pricing plan that puts tolls on vehicle traffic coming into lower Manhattan still faces many hurdles before it would take effect.

The pension system has sued WAPA demanding immediate payment of more than $2 million in employee contributions.

The state's Board of Public Works could vote on the 50-year concession this fall as Gov. Larry Hogan aims to button up the project before he exits office in January.

The Securities and Exchange Commission has approved the Municipal Securities Rulemaking Board's proposed changes to Rule G-34 on CUSIP applications, removing the requirement for municipal advisors to file new issue applications in one business day, among other changes.

FINRA and MSRB actions are drawing broker-dealer firms to lobbying groups.

Investors are probably in for disappointment if they continue to fight the Fed.

Kansas Gas Service is the third division of Tulsa-based ONE Gas, Inc., to participate in a state-sanctioned securitization related to Winter Storm Uri.

Public agencies are often "clients of last resort" for contractors, especially when construction costs are high.

Inflation and labor struggles are pounding hospital balance sheets and the pressures could damage ratings.

Brokers should be aware that inaccurate tax reporting could force its brokerage clients to seek damages and could force dealers to make their clients sign a liability waiver, as the recent muni case Richard Goodman v. UBS Financial Services highlights.

The finance team on the Western Placer Waste Management Authority deal hopes to benefit from an improving market with increased inflows.

Democrats say the $740 billion legislation would mark the largest climate change mitigation investment in the country's history.

The $2.2 billion will be divided evenly between urban and rural communities, with 75% going to projects in poor or disadvantaged areas.

All states hit the Aug. 1 deadline to submit electric vehicle charging station plans to unlock the first piece of funding in the federal infrastructure package.

Oklahoma's first utility securitization bond deal related to 2021's Winter Storm Uri continued to attract criticism from a state regulator who called for an independent review.

The agency overseeing what has been called the country's most expensive infrastructure project hopes to secure $8 billion in federal dollars and $4.2 billion of state borrowing for the first leg of the bullet train.

Hospitals can expect more than $2.6 billion of in additional payments under the Centers for Medicare and Medicaid Services program, but some say that is not enough.