Investments

Florida TaxWatch and environmentalists are urging Florida lawmakers to stop planning for the Suncoast Connector and others before millions are spent.

The Smart Plan received the leadership recognition award from the National Association of Government Defined Contribution Administrators.

Municipals held firm as more new deals swarmed into the marketplace.

It is unlikely that transit agencies will get the full amount, but the Senate's new bill implies possible discussion for more transit funding.

Minnesota's governor blames efforts to strip emergency powers he used in the fight against COVID-19 for the holdup in passing a $1.8 billion bond authorization.

Tom Kozlik of Hilltop Securities explains why meaningful federal coronavirus assistance to states and cities is no slam dunk. Paul Burton hosts. Recorded July 21.

Puerto Rico public corporation unions fought against PROMESA and local laws in an appeals court Monday.

Arlington, Texas, has weathered the pandemic with its ratings intact as it awaits the return of tourists and sports fans.

The lack of a significant new-issue calendar is encouraging some investors to purchase ahead of the first of the month, but others are putting buying off until the arrival of Aug. 1 redemptions.

Lottery revenues, used to cover a chunk of the state's pension payment, will fall about $163 million short.

Municipal bonds finished steady on Friday ahead of next week's $7.8 billion new-issue slate while high-grade paper trades up in the secondary. Investors are looking for stability.

The Puerto Rico oversight board warned that without restructuring, PREPA faces about $4.5 billion of legacy debt service obligations in the next five years.

Dallas-Fort Worth International Airport's second major refunding saw results similar to the first, paving the way to a $1.1 billion deal next week.

Municipals finished mostly stronger on Thursday as retail investor confidence remained high for the 11th straight week. Taxable 'social' bonds for nonprofits are making their mark in the municipal space.

Market participants say issuer coronavirus disclosures have stagnated due to tax season and issuer fears of future legal ramifications.

The revenue forecast for Virginia’s new spending plan is expected to be revised due to economic impacts caused by the pandemic.

Cyberattacks are increasingly likely as more government employees work from home due to the coronavirus pandemic, analysts said.

More will be clear once the state gets a full tally of receipts from the July 15 tax deadline, but a rocky road lies ahead in any case.

Chuck Peck, head of public finance investment banking at Wells Fargo, discusses how COVID-19 has changed the municipal bond market. Aaron Weitzman hosts.

Federal authorities arrested Ohio House Speaker Larry Householder on charges he took bribes to support legislation that benefited bankrupt FirstEnergy.