Investments

Lawmakers voted Saturday to chip in more state cash for two of Oregon's signature higher education projects.

Municipals were sleepy on Monday, typical for the asset class after a quiet trading session on Friday where they outperformed Treasuries; some investors were looking ahead to the upcoming week’s supply, led by a pair of billion dollar deals from California and Oklahoma issuers.

The acquisition by the national giant is the latest in a nonprofit healthcare consolidation wave.

Investors will be rewarded for their patience with the year's biggest weekly issuance calendar, including a deal from the market's No. 1 issuer.

The cost of certification and disclosure requirements over the life of the bonds are cited as potential holdups.

A former Cook County, Ill. board member is replacing leader of tollway agency whose headed to the Illinois Sports Facilities Authority

The state House approved a $22.5 billion general fund budget that relies on fees and tax increases to fund priorities like pension obligations.

Bipartisan bills pending in the House and Senate would allow private activity bonds to be used for state and local government buildings.

North Idaho Rep. Heather Scott's bill to limit repeat bond elections after voters reject them squeaked through the Idaho House on Thursday with a 37-32 vote.

Changes to return assumptions ease short-term budget pressure while lowering funding for the state pension system.

While the mood remained tentative on the last day of the week, the municipal market looks forward to the upcoming $7.5 billion of new supply headed its way.

Pittsburgh, whose bonds were junk in 2003, has become a national model for urban rejuvenation.

In the week ended March 1, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index was unchanged from 4.01% the previous week. The BB40 Index is based on the price of 40 long-term bonds.

Transportation Secretary Elaine Chao said career employees within her department calculated only a 5% local funding commitment because the two states are relying on federal loan guarantees.

Municipal bonds held firm Thursday as one trader urged buyers to find opportunities by using an old basketball offensive philosophy.

Judge Laura Swain says she has no authority to challenge fiscal plans.

Philadelphia Mayor Jim Kenney wants new tax revenue to help the city’s cash-strapped school district erase a massive deficit.

A new elementary school and expanded career and technical education (CTE) center may be in the future for Windom Area Schools.

The bond referendum asks for a portion of the funds to be put toward additions for Edwards, Mitchell and Meeker elementary schools.

Diminished Washington aid and a pending downturn require prudence, the city's comptroller said.