Investments

“We’re getting our ass kicked," the Gov. Dannel Malloy said, pitching a widening of the state's most congested highway.

New money sales made up for a drop in refundings, pushing the region past $95 billion of volume.

Municipal bonds were trading firmer Thursday as the last of the week's big deals came to market.

HJ Sims Managing Director Puerto Rico German Ramirez de Arellano and Senior Vice President Richard Prann talk from the Commonwealth about the situation on the island, both in terms of the financial and the human costs. Chip Barnett hosts.

Rick Witte, former head of public finance for Andrews Kurth Kenyon, is among those making the move from that firm.

Municipal bond buyers welcomed several big deals on Wednesday as demand outpaced new bond supply.

Chicago is seeking $4 billion in initial borrowing authority to launch its overhaul of the airport's terminals.

The light month for long-term municipal bond volume is another ripple effect of the new tax law and the issuance rush leading up to its enactment.

Rep. Bill Shuster says a federal gas tax hike is the only way to pay for an infrastructure bill and that Congress could vote on legislation after the November elections.

"We have to find new solutions," said Partnership for New York president Kathryn Wylde.

Rosselló is seeking assistance from Congressional leaders as Puerto Rico struggles to get on its feet financially five months after Hurricane Maria.

Issuers across the Southeast sold $68.5 billion of bonds in 2017, a 5.8% year-over-year decrease.

Playing a waiting game on Wednesday, portfolio managers were looking for volume to normalize.

Creditors have until May 29 to file a proof of claim, though most bondholders won't have to respond because the judge is allowing trustees to file a "master proof of claim."

The insurer wants more time to develop land it received as part of the city's bankruptcy exit.

The on-time and on-budget Tappan Zee Bridge replacment helped the authority land a positive rating outlook.

The amicus briefs ask the state's high court to weaken a rule that is believed to make future benefit reductions impossible.

Federal Reserve Board Chair Jerome Powell’s testimony before Congress was perceived by some market participants as increasing the possibility of a tighter monetary policy.

The Florida House Government Accountability Committee is willing to offer Garcon Point Bridge bondholders 50 cents on the dollar.

The SEC told a federal court that it will not pursue a judgment against the muni advisor firm or its principal unless it appears that the settlement process has stalled.