Economy

Goldman Sachs Asset Management, BlackRock, Lord Abbett, Morgan Stanley Investment Management and Vanguard have partnered with Loop Capital and Siebert Williams Shank to send a survey to issuers on racial equity and inclusion.

Gavin Newsom lauded the $15 billion approved by lawmakers for climate change, but transportation was left out in the cold.

Without the primary in play and a mostly muted secondary, triple-A yield curves were little changed, coming nowhere near the moves in UST with the 10- and 30-year falling five and six basis points as equities saw their worst day since May.

Concerns range from frayed infrastructure to better communication in the face of the deadly flash flooding that caught the city by surprise in storm Ida.

The Long Island utility intends to sell electric system general revenue bonds in three tranches.

$2.75 billion is available to build permanent housing for unhoused people, California Gov. Gavin Newsom said at a press conference.

The proposed union that would give the two a healthy market position in Illinois comes as federal regulators are stepping up anti-competitive scrutiny of such transactions.

The rating agency elevated the agency's energy housing and economic recovery bonds to Aa3.

Altru's deal drew a downgrade from Fitch Ratings and a raised outlook from Moody's Investors Service.

The taxable deal from Georgia's largest not-for-profit health system offers investors three index-eligible bullet maturities in 10, 20 and 30 years.

The former Metropolitan Transportation Authority chairman pledged his "support, service, and assistance" to Gov. Hochul and her administration, but not in the ESDC role.

The fight between the governor and the legislature over control of the beleaguered utility is heading to the local Superior Court.

The settled proceeding against Anthony Falsetta, announced Tuesday, is the latest in a string of SEC cases targeting violations of retail order periods.

Sturdy contracts support repayment of AMP's Prairie State Energy Campus bonds but the coal-fired plant faces pressure from Illinois decarbonization legislation.

As hospitalizations surge because of the new coronavirus variant, Fitch Ratings and Kaufman Hall warn of threats to not-for-profit healthcare's fiscal recovery.

A pair of bond sales coming out of the Carolinas found homes with investors this week as demand for the paper was high.

ReThinkNYC, battling entrenched transit and real-estate interests in its call for a unified network, cites economic development gains and capital savings.

Refinitiv Lipper reported $1.9 billion of inflows, high-yield gaining $524 million, the 25th consecutive week of inflows into municipal bond mutual funds.

The trouble stems from a West Virginia tender offer deal Crews & Associates recommended to an issuer.

Tom Kozlik, head of municipal strategy and credit, Hilltop Securities