Investments

Investors will still lose big as the SEC's case against Dwayne Edwards and Todd Barker is now all but over.

Gov. J.B. Pritzker denounces the move as right-wing attack to harm the state's improved standing in municipal market.

Municipal bond buyers are taking a second look at new issues with 3% and 4% coupons against a backdrop of what has been a strong traditional preference for 5% bonds.

Signed on June 30, 2016, the Puerto Rico Oversight, Management, and Economic Stability Act sent Puerto Rico’s bondholders and residents on a difficult odyssey that is far from over.

The Puerto Rico Treasury now expects 33.6% more revenue in the fiscal year than the original projection.

Municipal bond buyers will see a holiday-shortened week with little in the way of supply on tap.

Without a successful appeal, Employees Retirement System bondholders won't get their bond payments during the bankruptcy.

Municipal bond issuance for the year so far is within a percentage point of volume in the first half of 2018.

Investor confusion about Harvey, Illinois, and a local library district contributed to a municipal advisor and broker-dealer facing Securities and Exchange Commission charges in a bond offering gone wrong.

The Port Authority of New York and New Jersey is trying to prepare for increased ridership on its rail transit system with more than $1 billion of investment.

The city expects to save about $22 million in fiscal year 2020 from terminating the programs, Mayor Lori Lightfoot said on Thursday.

The Detroit Water and Sewerage Department is promising a five-year, $500 million capital program to upgrade water and sewer pipes.

Municipal bond buyers saw the last of the week’s new issues come to market on Thursday.

S&P Global Ratings cut its rating to A from A-plus, and maintained a negative outlook on the South Carolina Public Service Authority.

XBRL recently released its second draft of a CAFR reporting taxonomy incorporating feedback from groups such as the National Association of State Auditors, Comptrollers and Treasurers.

Charles Gasparino of FOX Business Network talks with Chip Barnett about the role municipal bonds play in the U.S. and how the market has changed over the years. He gives a look back at New York City's finances as well as the best ways to approach infrastructure spending across the country.

The board approved a request to increase 2019 authorization for new-money bonds and bond anticipation notes to a $5 billion maximum from $3 billion.

As Sunday's fiscal deadline approaches the legislature is hammering out a budget that's $500 million bigger than the Oversight Board's plan.

Buyers of short-term municipal paper were treated to over $1.5 billion of notes from a big California issuer on Wednesday.

If an issuer represents the validity of its bonds to investors at the time of issuance, it is barred from later denying repayment on a claim of invalidity.