Investments

U.S. Virgin Islands Gov. Albert Bryan forged an agreement with lawmakers to work collaboratively in identifying funding for outstanding debt tied to the island’s Water and Power Authority.

Gov. Andy Beshear released an unfavorable actuarial analysis of a pension reform plan backed by former Gov. Matt Bevin.

In response to the SEC's complaint, the former chief business officer of a California school district said he acted in good faith.

The Oversight Board is following a belt-tightening strategy that some economists warn may squelch economic growth, putting bonds back into restructuring. Part I of a five-part series.

Puerto Rico, with more than $70 billion of bonds at stake, has become a testing ground of austerity for an economy in decline.

The deal for the Houston-area beltway builder is expected to come in three large tranches early next year.

With issuance for 2019 done, investors and money managers look forward to a new year — there is optimism that drivers of muni performance will carry over.

Gary Mayor Karen Freeman-Wilson says the city will have the cash to repay short-term borrowing at the end of 2020.

The Municipal Securities Rulemaking Board will require more data starting Nov. 30, 2020.

Ballard Spahr’s public finance group is increasing in size as it grows beyond traditional tax-exempt financings.

Members of a bipartisan panel appear to agree in principle on a long-term proposal to narrow the state's annual highway funding gap by using more state revenue, adding taxes and fees and lowering annual bonding for transportation.

The House of Representatives' vote to impeach a president for only the third time ever had 'zero' impact on the municipal market, while stocks soared.

Moody’s Investors Service lowered the rating of the private collage in upstate New York to Ba3 from Ba1.

The issuance limit on tax-exempt private activity bonds for Industrial Development Bonds would be raised to $30 million from the current $10 million while the limitation for first-time farmers using so-called Aggie Bonds would be raised to $552,500 from $450,000.

Issuers, bond lawyers, and analysts have all raised complaints about the proposed addition to EMMA.

Opponents to the under-the-radar provision say its harshness could impede the execution of the MTA's new capital program by deterring contractors.

The markets suggest investors won't react to the impeachment of President Trump, while a mixed bag of indicators say the economy will continue growing at a moderate pace.

San Francisco Public Utilities Commission officials say more green bond investors bought into its most recent deal, which carries third-party certification.

The Dormitory Authority of the State of New York priced its $3.39 billion of bonds, most likely the last billion-plus sale of 2019.

Fitch Ratings revised the outlook on its AA-minus rating to negative from stable.