Investments

If the appeals court rules for them, the bond parties say, a new plan of adjustment may be needed.

States are considering tolls, public-private partnerships, per-mile usage fees and even retail delivery fees to shore up transportation funding among a declining motor fuel tax.

Proponents of the proposed bond-financed 86-mile railway in northeast Utah are hoping Congress or a U.S. Supreme Court review can advance the project.

Illinois' Commission on Government Forecasting and Accountability last week released its Special Pension Briefing on state-funded retirement systems in 2023.

Chad Wildman, executive director, Quantitative Strategies at FMSbonds, and Matthew Smith, founder and CEO of Spline Data, discuss how automation has repositioned the muni market and where participants can find value by using technology tools. Lynne Funk hosts. (45 minutes)

A call to action for the $4 trillion municipal bond market.

The top three co-managers have an average dollar volume of more than $11.7 billion as of the end of December 2023.

The Texas city's project joins other efforts in Southwest states to find new water sources as supplies dwindle due to persistent drought conditions.

It's a color-coded controversy about how far the fight over ESG and green investing precepts will affect public finance this year, with the latest skirmishes involving Bank of America and New York and New Hampshire.

"There's a reason Guam is investment grade," said Muni Credit News Publisher Joseph Krist.

Triple-A scales saw yields rise 10 to 13 basis points following a second day of UST losses as muni investors await a robust new-issue calendar.

A congressional hearing last week underscored the risk of havoc-based cyberattacks, particularly from China, said Hilltop's Tom Kozlik.

Mr. McManimon worked extensively in analyzing, developing and implementing financial plans for redevelopment areas throughout New Jersey.

Higher interest rates, inflation and slower economic growth could create headwinds for the U.S. public finance sector, S&P Global Ratings said.

Thomas DiNapoli criticised the agency for failing to include projected costs associated with needed system repairs in its 2023 20-Year Needs Assessment.

Munis saw smaller losses, outperforming a UST sell-off after the employment report came in stronger than expected, leading analysts to suggest Federal Reserve rate cuts may come later than anticipated.

The bond trustee for the city of Nevada, Missouri-owned Nevada Regional Medical Center declared its bonds to be in default.

Fitch Ratings downgraded the private-activity bonds supporting LAX's people mover bonds to junk, but said they could fall lower if the airport doesn't reach an agreement on delay concessions.

The Education Finance Council is seeking clarification on bond rules related to student loans.

Biden administration officials have indicated they will not be appealing the Eleventh Circuit's decision allowing states to use ARPA funds to offset tax cuts to the Supreme Court.