Investments

The American Society of Civil Engineers lowered its infrastructure grade for North Carolina to C-minus this year from C; three other Southeast states improved.

Chicago made the second half of its supplemental pension payment, fulfilling a budgetary pledge and assuaging concerns of aldermen and rating agencies.

Market participants broadly expected a rate hike, but the FOMC statement and press conference both rang more hawkish than what the markets probably anticipated, said Chris Brigati, managing director and CIO at SWBC.

A U.S. Appeals Court for the Tenth Circuit ruling vacated a lower court's permanent injunction against a project to expand the Gross Reservoir.

Fitch Ratings revised its outlook to stable from negative on the Corpus Christi utility and S&P removed it from CreditWatch with negative implications.

With the Bipartisan Infrastructure Law funding sunsetting at the end of the month, the American Public Transportation Association is staging a fly-in to lobby for advance appropriations.

Chicago will be a regional water supplier, and its water could draw the next Great Migration, Department of Water Management Commissioner Randy Conner said.

That will help manage supply that could hit a record for a third consecutive year, investors said.

Despite uncertainty created by federal policies and global turmoil, California's trade did not shrink; it shifted.

Market conditions are attractive on the long end, which has weakened, said Kim Olsan, senior fixed income portfolio manager at NewSquare Capital.

The Northern Illinois Municipal Power Agency returned to market for the first time in a decade as two of its three members re-evaluate their energy options.

The municipal market is completely a buyer's market right now, said Kim Olsan, portfolio manager at NewSquare Capital: "I wish I had more cash to put to work."

As parties renewed arguments on the administrative expense claim, some judges probed the nature of the bondholders' contribution to PREPA.

Proposed federal grant rules and dwindling aid are among the factors that municipal market participants should be tracking, said panelists at The Bond Buyer's infrastructure conference.

Joe's introduction to municipal bonds came long before his career began. His parents, who owned a small business, regularly invested in municipal securities.

"I've always been driven more by people than subject matter," Kirsten says. "The people I met were passionate about what they do and that passion was contagious."

Diana has built a reputation for candor in expressing bold opinions and a commitment to analytical excellence.

"I like seeing the progress in the communities I work with," Jorge says.

Since childhood, Pat dreamed of becoming an Army paratrooper. At 18, he enlisted in the U.S. Army and spent six years as an airborne infantryman, team leader and sergeant.

While he enjoyed the advisory side of the business, Casey realized his long-term passion was investment banking.