Investments

The second-quarter kicked off Monday with a little more optimism among municipal market participants after "one of the worst quarters in a long, long time."

Voters are being asked to abolish the Wisconsin treasurer's office.

The new tax law that terminated advance refundings of bonds after Dec. 31, 2017, does not specify that only "tax exempt" refundings are prohibited.

Encinitas City Council members are leaning toward borrowing close to $30 million so the city can overhaul much of Leucadia's portion of Coast Highway 101 all at once, instead of doing the project into three phases as previously proposed.

Many teachers went on strike Monday after state lawmakers approved a pay raise that represented about half of what they sought.

The municipal bond market is set to see a chunky new issue calendar this week: $7.85 billion.

As they prepare to battle for votes in the runoff for Montgomery County Precinct 4 Commissioner, incumbent Jim Clark and James Metts have differing ideas on the immediate needs of the community.

The nation's leading municipal bond counsel expects to gain a significant edge through artificial intelligence and related technology.

The competitive issuance will include roughly $35 million of taxable bonds.

The Tobacco Settlement Corp. is coming to market with over $3 billion of municipal bonds in a refunding deal that takes out all of the securities issued back in 2007.

Natural Resources Committee Chairman Rob Bishop complained that "intentional misinterpretations" of the "PROMESA" law may mean U.S. promises to Puerto Rico will take "decades" to fulfill.

An analyst says South Carolina Gov. Henry McMaster does not to have the sole authority to bar Santee Cooper from raising rates.

The influx of volume may give the boost that's needed to jump-start the primary market.

Rosselló said PROMESA allows the Oversight Board to make public policy recommendations, but not to order labor law reforms and pension cuts.

Former broker Deborah Kelley could end up paying close to half a million dollars in fines, penalties, and restitution for her role in defrauding the New York State Common Retirement Fund.

The New Jersey legislature again passed legislation to hand police officers and firefighters control of their pension fund.

Municipal bond volume picked up from February, prompting speculation that this year's drought in deals may soon ease.

The district must come up with a new plan to save its pension fund from insolvency.

Proponents call the move the right medicine for ailing Connecticut, while opponents say the measures are overly restrictive.

Restructuring expert Michael Imber says momentum is building for such a strategy, which he says could improve the state's funding ratio.