Investments

Most top 10 issuers are from New York and California, with four from New York and two from the Golden State.

Christopher Thornberg, founder of Beacon Economics and Marc Joffe, a senior policy analyst at Cato Institute, drill down into the economic health of the San Francisco Bay Area amid widely-reported tech industry layoffs.

Texas forecasts a record $32.7 billion budget surplus as a surge in sales taxes boosts the state government's revenue by billions above earlier estimates.

Gov. Henry McMaster wants to fuel capital development while avoiding new debt and is asking lawmakers to approve billions in one-time allocations.

This week's "manageable" calendar will continue what has been a quiet start to the new year in the municipal market, according to John Mousseau, president and chief executive officer and director of fixed income at Cumberland Advisors.

Illinois Gov. J.B. Pritzker signed legislation sending a portion of the state's surplus to the budget stabilization fund and raising the target balance.

Most recently a California deputy treasurer, Schaefer was a trader, a banker and advisor with a deep legacy as a municipal bond market expert and mentor.

Small businesses that are certified to work for either Chicago or Philadelphia's transit agency will now be able to work for the partner agency as well.

She joins the recent additions of Steve Bolden, Jani Lotz and Justin Mapes in Dallas to bolster the firm's Texas presence.

Certain Puerto Rico issuers with over $5 billion outstanding continue paying bondholders in full and on time.

Investors will be greeted Monday with a new-issue calendar estimated at $4.303 billion.

"Let's face it, the state of our trains, roads, and bridges today is unacceptable," Massachusetts Gov. Maura Healey said in her inaugural address.

The $242 million payment that's being made in addition to regularly scheduled contributions launches the city's policy aimed at staving off growth in its unfunded liabilities, a goal made all the more urgent by the beating pension funds are taking on their investments.

The crisis over House leadership raises risks for muni issuers, while investors say it's time to drill down to the individual credit level.

The attorneys elevated to the of counsel position include Stephanie S. Kim and Katie Leesman, both of the firm's Washington, D.C., office.

Outflows continued as Refinitiv Lipper reported $2.477 billion was pulled from municipal bond mutual funds in the week ending Wednesday after $1.946 billion of outflows the week prior.

Chicago returns to the market later this month with a deal under its Sales Tax Securitization Corp. credit that will offer the city's first social-designated bonds along with a refunding piece that includes the paydown of GO bonds through a tender.

As a result of low projected available capacity, some school districts may not get the program's triple-A ratings for their bond sales.

Gov. Jay Inslee wants a $4 billion bond referendum for housing that would be outside the state's debt limit. State lawmakers must approve first.

The Bond Buyer takes a look back and remembers those in the public finance industry who died in 2022.