Investments

The Attorney General's office found the firm complies with a 2021 state law banning contracts with companies that "discriminate" against the firearm industry.

Pittsburgh's long-running shift from the industrial Steel City to a technology hub is heading in a new direction — toward outer space and the moon.

The state government says community hospitals will be awarded a combined total of close to $300 million of assistance. 

A state-by-state review of first half 2023 issuance in the Far West.

The Revolution Wind, a 704-megawatt offshore wind farm being developed off Connecticut's coast, received a positive ruling after a federal environmental review.

Refinitiv Lipper reported $534.428 million of outflows from municipal bond mutual funds for the week ending Wednesday after $264.046 million of outflows into the funds the previous week.

The Puerto Rico General Fund has paid out $1.5 billion on the bankruptcies after initial expectations were $370 million over nearly a decade.

In other asset classes, there has been more transparency, activity and efficiency due to electronic trading. The muni market has been behind in realizing how beneficial electronic trading can be, sources said.

Municipalities are facing a deadline to obligate COVID-relief money.

The Uinta Basin Railway, which aims to transport crude oil, is eying up to $2 billion in private-activity bond authorization.

Municipal bond issuance in the Far West was down 2.3% in a first half that saw volume drop 17.1% nationally.

"The improved rating outlooks are critical for the Power Authority to ensure that we can continue leveraging the capital markets," said NYPA President and CEO Justin E. Driscoll.

A state-by-state review of first half 2023 issuance in the Southeast.

Supply scarcity is helping the market through the Treasury volatility. Bond Buyer 30-day visible supply currently sits at $4.72 billion.

The region's issuers sold $30.3 billion of municipal bonds in the first half of 2023, 29.9% less than they did during the same period last year

The $1.4 billion span would mark the second major bridge that the two states have built together following the $2.6 billion Ohio River Bridges project that opened in 2016.

The rating agency cited the Illinois county's accumulated reserves, as well as required pension contributions for the move.

The Tax Cuts and Job Act will be up for renewal by the winners of the next election cycle

A state-by-state review of first half 2023 issuance in the Midwest.

Tuesday's competitive new money sale is to be followed with a negotiated refunding deal later this week.