Investments

Michigan Gov. Gretchen Whitmer, a Democrat, called the budgets approved by GOP lawmakers on Tuesday "a mess."

The shuttered College of New Rochelle filed for Chapter 11 bankruptcy last week while it markets the Westchester County campus in an effort to pay off creditors.

Munis strengthened Wednesday, the day after about 80% of the week's new issue calendar came and went.

With a meeting on the restructuring set, bondholders were girding for battle over the board's plan to nullify portions of the debt.

Reports from S&P Global Ratings and Moody's Investors Service highlight fiscal strains Chicago, Illinois and some local governments face.

The debate between buy-side analysts and issuers and their underwriters flared up during a panel discussion at The Bond Buyer's California Public Finance Conference.

The community development district filed for Chapter 9 in the face of a longstanding unwritten policy of governors refusing to approve such filings.

The market had no trouble absorbing Texas Water's $877 million and a $1 billion deal from New Jersey Transportation Trust.

Penn Hills School District officials hope to save millions through bond refinancing.

Budget pressuresled Fitch Ratings to downgrade New York's second-largest city to A-plus from AA-minus.

The judges appeared to reject the separate argument that passenger rail projects constitute an ineligible use of the PABs which are meant for highway use.

Mayor Karen Freeman-Wilson said the city is forging ahead with the transaction to raise money to help pay its bills.

Moody's action followed Fitch putting the authority on ratings watch negative on Friday.

A bidding conference will solicit technological innovations and proposals for reimagining signal systems.

Fiona Ma was a keynote speaker at the Bond Buyer's California Public Finance Conference in San Francisco.

Paul Burton hosts from the Villanova School of Business campus in Philadelphia with finance professor David Fiorenza, where he and his "economics of art and entertainment" students discuss sports betting, casinos, stadium financing and Detroit bankruptcy art assets.

The 28 members of The Bond Buyer's 2019 Rising Stars class are taking on the evolving challenges of the muni market with technology and entrepreneurial zeal.

Managing Director, Miller Buckfire & Co.

Vice President, Build America Mutual

Vice President, Assured Guaranty