Investments

U.S. Court of Claims Judge Richard Hertling said Tuesday he would issue the stay because he expects key rulings by the Supreme Court and an appellate court.

The group sent a letter to the Securities and Exchange Commission this week asking for fair dealing rule guidance to be better tailored to 529 savings plans.

Bloomfield Township it cutting its budget after voters rejected a tax levee that was to help it meet its $161 million in unfunded liabilities.

Spiraling population, record tourism and new dynamics such as climate change have intensified the city's challenge, said a Center for an Urban Future report.

The state of Tennessee and its school bond authority will be issue $350 million of highly rated new money bonds this month and next.

Massachusetts taxable deal hits $858 million.

Federal funding would be reduced to 44% from 49% of the cost of the Gateway project, which had been blocked by the Trump administration.

Muni professionals’ knee-jerk response is that the phrase is clear, until they attempt to explain it. And then they realize that it is nonsensical.

Minneapolis-St. Paul Airport is pricing bonds that will partially finance projects under its capital plan and refund previously issued debt for a savings.

A community near San Antonio is pushing for bond-financed dam repairs, saying a Guadalupe Blanco River Authority plan to drain the lakes would cut property values in half.

Ahead of the Labor Day holiday, municipal bond buyers will get a chance to nab over $6 billion of bonds set to hit the market.

Judge Laura Taylor Swain sided with the Oversight Board as it sues the local government to comply with its fiscal plans.

The last full trading week ahead of the Labor Day holiday will see a variety of credits come to market.

CDBG mitigation is a new program to support communities for events that are likely to occur rather than recovery from events that have already occurred. Some disaster recovery funds have been used in the past for mitigation.

The new money piece of the $77 million deal will cover the county's obligations under its lease agreement with the Cleveland's NBA franchise.

Late last week FINRA sent out a notice reminding its members to register as MAs if they engage in investment-related activity with their clients.

Janet Mills offered a slimmed-down compromise bond package in an effort to get borrowing proposals on the November ballot.

The commonwealth intends to refund $630 million in taxable and tax-exempt bonds next week, and issue $600 million tax-exempt new-money on Sept. 5.

Houston issued bonds in the negotiated sector, while Long Beach competitively sold two issues.

The bonds sold for Paradise, the town nearly leveled by a 2018 fire, remain at speculative grade.