Investments

Turmoil at the community college has placed its accreditation in jeopardy and resulted in a rating downgrade.

A stronger 2021 aided hospital balance sheets for those whose fiscal years end on June 30 based on a review of hospital operating medians

The ruling could set a precedent for the board's control over local government policies affecting the economy.

Mark Cappell is the president of the National Federation of Municipal Analysts for 2023, its first bond insurer to take the role since 2009.

More than half of the 163 bills introduced in state legislatures across the country propose one-time funding for transportation projects using bonds, excess COVID relief or budget surpluses.

The much-delayed $3.5 billion deal has an optional limited make-whole redemption if state lawmakers appropriate funds to defray costs for natural gas customers.

"The outlook revision reflects recent state legislation that provides for the district's continued ability to levy ad valorem taxes," said S&P analyst Christian Richards.

The "week's substantial primary market calendar of $10-plus billion will be a big test for where market demand stands," said Tom Kozlik, head of public policy and municipal strategy at HilltopSecurities Inc.

Gov. Phil Murphy's proposal doesn't include new major programs or initiatives but addresses long-term liabilities and reserves ahead of a potential recession.

The measure prohibits government contracts with companies deemed to be "boycotting" the fossil fuel, firearm, timber, mining, and agriculture industries.

The legislation would allow the New Mexico Finance Authority to issue revenue bonds for transportation and broadband projects.

Fitch Ratings raised Miami-Dade County's $4.9 billion of aviation revenue and revenue refunding bonds to A-plus from A.

States will need to figure out how to build within the law, the DOT secretary said.

The 10- and 30-year Treasuries haven't reached these levels since November.

Idaho and Wyoming have joined other red states in introducing legislation that would ban from state business banks that have engaged in so-called boycotts of energy and gun companies.

A total of 26 Republican-led states have sued over the new retirement investing rule, saying it would diminish their tax revenue and hurt states that have a significant fossil fuel industry presence.

One public hospital district violated a debt service covenant and was downgraded to junk; the other declared a fiscal emergency and seeks an outside partner.

His experience overseeing major infrastructure projects at public transportation agencies prepares him for the FAA job, Washington told senators.

Benjamin was mayor of Columbia from 2010 to 2021, leading the city through a time of tremendous growth.

A majority of state DOTs have now adopted a commitment to equity in infrastructure contracting.