Investments

Moody’s projects more utility privatizations as local issuers look to cope with financial distress and sidestep maintenance and compliance costs.

New Jersey is on track for revenue growth in 2018 after a strong start to the new fiscal year with July tax collections, according to State Treasurer Ford M. Scudder.

Top-rated municipal bonds were weaker at mid-session, according to traders, as several big competitive deals sold in the primary market.

The Treasury Department Tuesday auctioned $35 billion of four-week bills at a 0.940% high yield, a price of 99.926889.

About $1 million will go to service the city's street bond debt, leaving the Duluth with $2.8 million for actual work.

How can muni managers produce consistent returns while managing risk efficiently? Invesco’s Mark Paris, CIO & Head of Municipals, and Stephanie Larosilliere, Vice President & Senior Client Portfolio Manager, talk about their high-yield municipal fund, which tends to focus on seven to 10 sectors, with Tobacco, CCRC, IDB and Charter schools among the most active. John Hallacy is our host.

Bitvore Corp. added features to its artificial intelligence-powered early warning system that continuously monitors material changes affecting risk across the municipal market.

Municipal bond market traders on Tuesday are set to see the start of this week’s supply hit the screens as several large competitive offerings are slated to sell.

State officials say they are prepared for increased pressure on its $10 billion general fund.

Top-quality municipal bonds ended mixed on Monday, according to traders, as the market prepared for this week’s $6.7 billion new issue calendar.

The city council unanimously approved a for the city to host the games in 2028.

The U.S. Virgin Islands Water and Power Authority borrowed $14.8 million last week at a nearly 11% interest rate and plans to borrow $70 million more through bonds in the next nine weeks.

The governor wants an amendment requiring a supermajority vote of lawmakers to raise taxes and fees.

A significant bond issue is on the town's special election ballot on Tuesday, Sept. 19.

Deteriorating infrastructure will drag down U.S. economy, contractors warn.

Build America Mutual, after surviving a credit watch with its double-A rating intact, posted mixed results in the second quarter.

The Democratic majority wants to override the changes Republican Gov. Bruce Rauner made to its school funding package.

West Virginia Parkways Authority General Manager Greg Barr said the agency is getting the ball rolling on the process to sell bonds to finance roads projects.

Federal Judge Juan Sánchez acknowledged the complexity of the case.

Scotland County Board of Commissioners voted in favor of applying for a loan not to exceed $27 million to finance several projects including the expansion of two schools.