The rating agency's review was triggered by the city's move to effectively end plans for a seawater desalination project that has $235 million of bonds outstanding.

This year's portfolio growth will save the city $2.18 billion over the next five years, Comptroller Brad Lander said.

Moody's cited continued liquidity improvements in the ratings lift for the northern California clean energy aggregator.

An academic paper presented at the Brookings Institute's annual conference found that future wildfire risks are already having economically significant impacts on financial markets, municipal borrowing costs and vulnerable communities.

The Rhode Island Infrastructure Bank has issued a billion dollars of debt to promote clean water. 

Once considered as a promising prospect for investors, "green" bonds have been plagued by defaults, a concern for those who study the underlying technologies.

Kelly Hancock resigned his state senate seat and assumed a position that will make him acting comptroller after current Comptroller Glenn Hegar leaves office.

Tom Kozlik said he was particularly concerned about the impact of a scaled-back FEMA on issuers in the Southeast.

As Congress grinds through the budget reconciliation, fixed income market experts are eyeballing an uncontrolled national debt while dreading a heavy-handed response from the Treasury bond market.

BlackRock Inc. was removed from Texas' blacklist of companies that "boycott" fossil fuels, ending a three-year standoff over the firm's environmental policies.