Investments

Participants are mixed on whether there will be continued growth in 2024, but some still see a universe of taxable bonds that still can be tendered.

The MTA's public review process on congestion pricing plan started Wednesday and will run through March 11. The MTA will also hold four hybrid virtual and in-person public hearings.

Some general fund spending will be shifted to bonds to help the state meet priorities like housing and healthcare, Hawaii Gov. Josh Green announced.

Newark Liberty, John F. Kennedy and LaGuardia airports remain on track to see their busiest year ever as 132 million passengers have passed through in 2023.

Without money to expand a key artery, but helped by a federal "Mega Grant," Indiana is pursuing tactics like dynamic shoulder lanes to boost capacity.

Late-month volumes are "waning as it appears the year's tax-loss harvesting was accomplished leading up to the holiday period," said Kim Olsan, senior vice president of municipal bond trading at FHN Financial.

Higher income tax collections, mainly from corporations, have contributed to the higher than expected revenue, for the period that began on July 1.

Fitch Ratings upgraded the Riverside County Interstate 15 managed lane project two notches, affecting $152.2 million in debt.

The case, which was refiled last week without federal claims from an earlier lawsuit, will have its first hearing in January.

The $136.6 billion 2024-2026 biennium budget proposal will be debated by the state General Assembly when it reconvenes on Jan. 2.

The list of regulations coming into effect next year, as well the expected Supreme Court decision on how the SEC uses its enforcement powers is paving the way for a landmark year.

Cooper Howard, director and fixed income strategist for the Charles Schwab Center for Financial Research, shares his thoughts on the intermediate duration with Investors & Investing reporter Christine Albano

Munis' strong performance from November continued into December, said Miguel Laranjeiro, a portfolio manager at abrdn.

The proposed pipeline, which dates back to 2006, would transport Colorado River water from the Lake Powell reservoir to the southwest corner of Utah.

Michigan is paying down debts of six local school districts – two of which have closed or merged with neighbors – including outstanding bond balances.

An appeals court is considering the arguments after bondholders lost in the lower court.

At the ceremony, Patronis announced the State Board of Administration plans to make a sizable new purchase of Israel bonds.

Bond Buyer Executive Editor Kyle Glazier discusses the coming year in D.C. with Bond Dealers of America's Brett Bolton. (15 minutes)

State departments of transportation are expected to boost their own funding during the third year of federal infrastructure support from the IIJA.

The state's labor force continued to increase last month as more people entered the labor force, hitting an annual growth rate of 3.2%.