Investments

Puerto Rico's Treasury secretary says first quarter results are a good sign for fiscal stability.

The total unfunded pension liability for all 50 states is expected to be $1.3 trillion for fiscal 2023, according to a Reason Foundation analysis.

The firm will continue to do business in the competitive market.

The minor league venue in the Massachusetts city didn't generate enough revenue in its first two seasons to pay for all of the debt service.

Mesirow's public finance group will collaborate with the firm's institutional sales and trading team to offer clients defeasance and cash-flow management for their portfolios.

Photos from The Bond Buyer's 2023 Infrastructure conference.

"Despite the breathtaking selloff in longer rates, Barclays' macro strategists see no clear catalyst to stem the bleeding," Barclays strategists said. "Data are unlikely to weaken quickly or enough to help bonds."

"It's important to take this opportunity to strengthen our relationship with Japanese leaders and employers," said Gov. Roy Cooper.

The nature of municipal bonds is to help people, says Peter Hayes, "I really like that it's public purpose."

Photos from The Bond Buyer's 2023 Infrastructure conference.

The largest healthcare strike in U.S. history hit Kaiser Permanente Wednesday. The nonprofit giant operates 39 hospitals and 622 medical offices.

While the market broadly is still in the early stages of using artificial intelligence, more firms are starting to implement it, panelists said at MuniTech NYC, an event hosted by Munichain and Spline Data that brought together a gathering of technology-focused market participants.

The two-day meeting in Atlanta kicked off what the mayors say will be a regular meeting to promote more public-private partnerships for infrastructure projects.

All eyes will be on Friday's report, though "it seems most leading indicators suggest job growth will remain healthy, which should keep the bond market selloff going strong," said OANDA's Edward Moya.

It's the bank's eighth issuance of its climate-certified one-year notes. Buy-in starts at $100.

At stake is nearly $800 million in Federal Transit Administration funds.

"If we continue to see a cooling labor market and inflation heading back to our target, we can hold interest rates steady and let the effects of policy continue to work," Daly said.

California-based Fulcrum Bioenergy will build a facility in Gary that converts household garbage into sustainable synthetic aviation fuel.

"After more than 36 years as investor and leader, Peter has decided the timing is right to begin his own retirement next year," said Rich Kushel, senior managing director at BlackRock.

The question is raised whether "invitations" to support the plan were the same as "solicitations."