Investments

The costs of legal settlements in California police misconduct cases would be posted on city and county websites if the bill passes.

Economists in Puerto Rico panned the proposal to raise the rate to $9 per hour saying it would hurt businesses.

Making it a summer Friday, munis were quiet. Participants contemplate why the market underperformed taxables to the degree they did when fundamentals are objectively strong and little has changed since before the FOMC.

State and local government groups want the focus on reinstating tax-exempt advance refunding bonds and expanding the current financing tools.

India Walton, a registered nurse and union activist, stands to become the first self-declared socialist to oversee a major American city in decades.

Over the years, Assured Guaranty has been open to guaranteeing in the U.K. and most of Europe, Australia, and New Zealand and through AGM in the U.S. they cover certain transactions within the Latin American region.

The county that includes Chicago projects a surplus this year that will replenish a reserve draw and a modest $121 million gap is projected next year.

The final new issues of the week close with some bumps in repricings while the secondary was quiet.

President Joe Biden celebrated his tentative deal with a group of Democratic and Republican senators on a $579 billion infrastructure plan, saying it would create millions of jobs while fulfilling a major piece of his economic agenda.

Brightline Holdings will wait until 2022 to try again to finance a passenger train to Las Vegas from Southern California with tax-exempt bonds.

How the pandemic is accelerating trends in financial advice and changing the way Americans manage their money.

The shift means that lease-revenue bonds supporting federal leases will no longer be notched off the federal government’s rating.

Triple-A benchmark yields moved higher by as much as five basis points while ICI reported another $1.8 billion of inflows and ETFs increase their share by $841 million.

As infrastructure talks unfold in Washington, the likelihood of higher taxes may be waning, at least in the short run.

The board set a noon Thursday deadline for repeal of Act 7, otherwise it will seek a legal remedy.

A new administration in Washington and the power of coastal atmospheric patterns may boost wind-turbine electricity generation in the Southeast.

Eric Adams, Maya Wiley and Kathryn Garcia are the top three, though under the new system, determining a winner could take weeks. For comptroller, City Council member Brad Lander had a solid lead over council Speaker Corey Johnson, 31.5% to 22.7%.

A volatile U.S. Treasury market and month-end positioning are pressuring municipal yield curves.

LSC plans to submit a proposal to the Texas Higher Education Coordinating Board that would allow it to offer a Bachelor of Science in emergency management degree under a new state law.

Excessive payments to 24 employees exceeded $470,000 between 2005 and 2018, according to the Massachusetts inspector general's office.