Investments

In the SEC inquiry, along with a separate FAA investigation, regulators are trying to determine if airport revenues were misspent.

S&P Global reports state HFAs are maintaining high ratings this year, “buoyed by demand for affordable housing and mortgages, low interest rates, relatively low unemployment, increasing wages, and the overall strong domestic economy.”

Illinois Gov. J.B. Pritzker's administration says the forecast shows that Illinois needs to change its income tax structure.

The expiration of a federal highway bill could provide a catalyst for expanding bonds, according to former Senate Finance Committee tax counsel, Ryan Abraham.

The taxing and regulating of a new product that's ingested into the lungs to deliver nicotine is dealt with under federal, state and local laws. William Cox explains Kroll Bond Rating Agency's thoughts about vaping and the associated revenues for governments. John Hallacy hosts.

The integration to bolster Tradeweb’s electronic trading platform comes on the heels of other changes and collaborations in the muni tech space.

Lori Lightfoot would close an $838 million gap with a mix of permanent and one-time maneuvers including new taxes, spending cuts and debt restructuring.

UBS, the underwriter facing more than $800 million in lawsuits over the pension system bonds, argued the proposed schedule won't give it enough input.

Interest rates the district will pay on a recent $600 million deal are lower than it paid in its previous bond deal a year and a half ago.

Marybeth Frantz Orsini has joined Ballard Spahr as a partner in the firm’s public finance group.

The new wave of bond issuance continued unabated as more sales priced on Wednesday.

llinois paper is looking more attractive when held up to Chicago city and Chicago Public Schools bonds, Citi analysts write.

Wisconsin will refund $622 million of taxable 2008 bonds in a sale that sheds swaps tied to Libor.

Most of the proceeds will refinance direct placement debt with bonds sold in the public markets.

Massachusetts also came to market with a $1.4 billion sale of revenue anticipation notes in three offerings.

Lack of legislative cooperation wouldn't be a problem until after court-approval of a plan of a adjustment, observers said.

The proposal is highly doubtful to become law in the coming months given the limited number of days Congress will be in session the remainder of the year.

Municipal market participants got some comfort about their fraud liability if they act in good faith on interim financial disclosures.

Fitch Ratings affirmed Denver International Airport after the collapse of a public-private partnership to remodel the main terminal.

The Illinois State Toll Highway Authority is in the ninth year of a 15-year, $14 billion capital program.