Investments

After 40 years in the municipal bond industry — 35 of them at American Century — Steve Permut left the California-based mutual fund firm on June 30 for retirement.

The three public finance professionals added to BondLink’s issuer relations team are part of the company’s ongoing initiative to help its network navigate a turbulent market.

Despite rising U.S. Treasuries, municipals are making gains and are in the black to start July.

The investors conference allows city officials to pitch investors on its pandemic recovery and future fiscal prospects while investors get the chance to scrutinize those efforts and pose their own questions.

Many Puerto Rico legislators want the governor to cut PREPA's debt by 75% before they will support his spending measure.

More frequent and extreme rainfall can produce amounts of stormwater runoff the city’s infrastructure was never designed to capture.

Phil Washington would bring an issuer's perspective to the top FAA spot.

Lawmakers approved the first $500 million for the program as a trailer bill to the fiscal 2023 budget. Bonds may be used to fill the gap.

The Investment Company Institute reported investors pulled $1.372 billion from muni bond mutual funds in the week ending June 29.

The budget package awaiting Gov. Gretchen Whitmer's signature leaves billions on the table, for now, with contentious negotiations looming over the shape of tax relief.

The Oversight Board said the budget reflects a "constrained operating environment."

Public private partnerships offer a new financing model for Colorado, which is prohibited from issuing general obligation bonds for state capital needs.

The new credit received a triple-A from Fitch Ratings and a AA+ from S&P Global.

High energy prices and low unemployment have aided Oklahoma’s economy.

City and state will issue municipal bonds for the domed stadium while lowering taxpayer liabilities.

As investors shift the focus from inflation to recession concerns, fixed income markets, including munis, may regain some of the year's losses.

Mary Colby, who retires from Charles Schwab Investment Management after 30 years in the muni industry, fought for more extensive disclosure for investors.

PennDOT could appeal to the state supreme court, but if not, the Pennsylvania P3 law may need to be rewritten.

The Supreme Court’s ruling stripped the EPA of its ability to regulate greenhouse gas emissions, but analysts say utilities are unlikely to feel immediate credit impacts; in some cases, it may ease credit pressures.

Changing federal policies toward hurricane aid may change these events' credit impacts.