Investments

Investors pulled $397.4 million from municipal bond mutual funds in the week ended Wednesday, following $1.258 billion of outflows the prior week.

Muni advocates resist some of the arguments for eliminating the tax-exempt status of municipal bonds espoused in a new book by infamous Wall Street whistleblower Michael Lissack.

The state hopes bonds and associated incentives will help to address a state-wide housing shortage.

Moody's Ratings cut the issuer rating for the District of Columbia to Aa1 with a negative outlook, which the city CFO blames on federal workforce reductions and weakness in the commercial real estate market.

The escalating dispute between the prestigious issuer and the White House is spooking some bond holders and creating opportunities for others.

A mix of pay-as-you-go, bond proceeds and federal grants bolster the infrastructure of Mobile, Alabama, which is getting a new arena, air terminal and bridge.

The commission also approved converting a GO bond sale from competitive to negotiated.

The market is still in a negative technical period, said Chris Eustance, a portfolio manager at Morgan Stanley Investment Management.

Chicago's Regional Transportation Authority plans to return to market next Monday with $130 million of Series 2025A general obligation bonds.

Accusations are flying between the Republican state treasurer and attorney general, adding fuel to a battle that started last year.

Working in the public interest was "very satisfying," the longtime SEC lawyer said.

In the coming year, we'll find out if public pension disclosure and transparency have improved enough to protect municipal bond investors.

Four teams of University of Chicago public policy students presented their answer to the challenge: What can the city do to create a thriving downtown?

The top 10 advisors accounted for $59.412 billion of par.

Construction problems and cost overruns for a bond-backed project pushed the company into a pre-negotiated Chapter 11 bankruptcy. 

Muni yields may "continue to stay elevated due to supply and demand factors," rather than concerns over credit quality, said Cooper Howard, a fixed income strategist at Charles Schwab.

To close a $1 billion budget hole, Mayor Karen Bass would merge some departments and lay off more than 1,600 city workers.

FINRA fined three individuals a total of $40,000, a settlement document shows

As the municipal bond community rallies around protecting the tax-exempt status of munis, alternative viewpoints emerge for why it should be eliminated.

The FHWA said it would start withholding project funds from Manhattan next month and later expand to other areas if the state refuses to halt its tolling program.