Investments

Texas investor John Kleinheinz now controls Texas Central, which has spent more than a decade trying to build the Dallas-to-Houston high speed train.

Photos from The Bond Buyer's Texas Public Finance conference.

The Osceola School District sales tax revenue bonds got strong ratings despite the county's economy facing headwinds from a weakening tourism sector.

Brown is among the Ivy League schools borrowing money as they face funding threats from the Trump administration.

The Investment Company Institute reported larger outflows for the week ending April 9 of $3.714 billion, following $1.15 billion of outflows the previous week.

The MSRB's rate card RFI and municipal fund securities will be among agenda topics at next week's quarterly board meeting.

S&P Global Ratings cited longer-term concerns on Palisades wildfire-related liabilities in shifting its CreditWatch on Los Angeles Department of Water and Power to a negative outlook.

Citi's exit may have aggravated illiquidity last week, but even the traditional leader in times of stress wouldn't have been able to calm the wild market moves.

Mayor John Whitmire said phased-in funding under an agreement with plaintiffs who successfully sued the city will help address a budget shortfall.

Housing advocates concerned about the fate of private activity bonds are working on strategies for getting PABs and tax-exempt munis off the table while Congress searches for ways to pay for tax cut extensions.