Investments

The Texas attorney general's office determined a Citigroup commercial firearms policy does not comply with a 2021 state law prohibiting state and local government contracts with companies that discriminate against the firearms industry.

Toks Omishakin's second year as State Transportation Agency secretary is off to a challenging start between massive rainfalls and proposed budget cuts.

"Selling prices increased at a modest or moderate pace in most districts, though many said that the pace of increases had slowed from that of recent reporting periods," the Fed said.

Inflows returned, with the Investment Company Institute reporting investors added $1.982 billion to mutual funds in the week ending Jan. 11, after $3.157 billion of outflows the previous week.

States in the region have seen billions in investments from EV producers after offering them billions in economic development packages.

While the legislation heading to Gov. J.B. Pritzker's desk will not affect CPS' rating in the short-term, the district's ability to manage labor conflict could affect credit quality over time, Fitch said.

With the Permanent University Fund only benefitting the two biggest public universities in Texas, the state legislature will consider creating an endowment for other higher education institutions.

The Municipal Securities Rulemaking Board's request for comment on amendments to its primary offering disclosure rule garnered just two submissions.

Bullard says Fed rates need to stay on tighter side in 2023

The alliance will hold semi-annual conferences to consider innovative solutions to infrastructure financing and delivery.

Improved disclosure is likely to have a cost, though analysts have long maintained the benefits outweight that.

Chicago put out pre-marketing pricing scales Tuesday on its STSC new money social bonds and refunding tranches and will take retail orders Wednesday with the pricing set for Thursday.

Demand for muni bonds has slowly started make a comeback, with Jason Wong, vice president of municipals at AmeriVet Securities, saying, "this demand is a welcome sign to the tax-exempt sector as rising yields pushed investors to the sidelines."

Gov. Phil Murphy is behind the push for the Garden State to develop offshore wind power, ramping up from 3,500 megawatts by 2030 to 11,000 megawatts by 2040.

Treasury typically suspends the sale of new state and local government series securities when nearing the borrowing cap.

Moody's downgraded St. Mary's College of California to Baa3 with a negative outlook, affecting $53 million in debt issued through the California

Exploring why some call 2022 "the year of the great reset" and what that may mean for the muni market this year.

Janet Mills wants to use $1 billion in federal infrastructure aid and higher-than-expected state revenue to fund billions in transportation improvements.

Volume for the upcoming week is estimated at $8.34 billion, consisting of $6.30 billion of negotiated deals and $2.04 billion of competitive sales.

Hospital margins ticked up in November, but 2022's bruising will linger well into this year straining some ratings.