Investments

The announcement Monday involved last March’s ruling by the First Circuit Court of Appeals on the Puerto Rico Highways and Transportation Authority’s special revenue bonds.

Transportation advocates focused on new state revenue sources that can place the cash-strapped agency on firmer financial footing.

S&P dropped the the nation's second-most-populous county — one of many Illinois governments struggling with retirement plan funding — to A-plus from AA-minus.

The state would boost spending on education under proposals from the governor and the legislature, both led by Democrats.

Gov. Andrew Cuomo’s warnings that cities could absorb more Medicaid costs have triggered uncertainty about the city's budget.

The Windy City is looking to add even more savings to a $1.3 billion debt refinancing with a tender invitation for some of its older, higher-yielding bonds. “The tender is just gravy,” City CFO Jennie Huang Bennett said last week.

Attendees at The Bond Buyer’s Deal of the Year ceremony look ahead to the new year and discuss what they feel will be the biggest stories of 2020.

Attendees at The Bond Buyer’s Deal of the Year ceremony talk about what issues they think had the biggest impact in municipal finance last year.

The bondholders appeal to the U.S. First Circuit Court in Boston.

Demand for municipal bonds is much stronger in 2020 than it was to end 2019, illustrated by record inflows into the asset class in the latest reporting week.

Jail bonds are being targeted for audits by the IRS this year with respect to whether federal government use of locally built facilities or management contracts with localities causes excessive private business use.

Former N.Y. Giants tight-end and two-time Super Bowl champion Mark Bavaro is taking on an expanded role at Academy Securities.

The Municipal Securities Rulemaking Board's assets dropped by $8.5 million.

At issue is the so-called "public disclosure bar," which prevents a whistleblower from pursuing a lawsuit based on publicly available information.

The last-ditch attempt to settle Preston Hollow Capital's lawsuit against Nuveen failed this week.

Paige Cognetti takes over in the aftermath of a corruption scandal and faces tough economic challenges, including an adverse ruling in a taxpayer lawsuit.

Moody's says handling electrical demand will be a challenge for the island.

The muni market saw the last issuance of the week come and go; the front end of the curve were stronger than the long-end.

Robert Berry was named to replace Mark Campbell as head of the California Debt and Investment Advisory Commission.

Fargo finance director Kent Costin said the downgrade was expected given the decline in construction activity in 2019.