Walt Disney Co., embroiled in a high-profile fight with Florida Governor Ron DeSantis, is closing a luxury hotel at Walt Disney World and dropping plans to relocate 2,000 California employees to a new corporate campus it was building in the state.

With hotel taxes unlikely to keep pace with debt service , the Illinois Sports Facilities Authority is eyeing a restructuring to extend final bond maturity.

The FOMC meets June 13-14. Join us June 15 at 2 p.m., Eastern time, as Jeffrey Cleveland, chief economist at Payden & Rygel, provides his take on the meeting statement, Federal Reserve Board Chair Jerome Powell's press conference and the latest Fed projections.

Panelists at the National Federation of Municipal Analysts discussed their experiences dealing with resiliency in the face of budgetary and environmental problems.

The city's agreement for the $2.1 billion, mixed-use project to build an arena for the NHL's Arizona Coyotes included a bond-financed cleanup of a landfill.

Bolstered by key political support, states across the southeast are building toll roads through public-private partnerships to manage congestion.

The legislation impacts Chicago fire pensions, but it's stirring debate over costly fixes needed statewide to avoid running afoul of Social Security rules.

Included in the plan is a $545 million for a loan to the Puerto Rico Electric Power Authority and more money for the government's emergency reserve.

The bill would bar the state from doing business with companies that apply ESG to investment decisions and/or "boycott" favored industries.

Attorneys general from 16 states filed an amicus brief supporting Oakland and San Francisco's climate change lawsuit against oil companies.

Two Federal Reserve officials signaled they favored pausing interest rate increases, while a third policymaker said the central bank's task in subduing inflation was not complete.

The governor outlined what he called a balanced budget, though the revenue shortfall has grown by $9.3 billion to $31.5 billion since January.

Illinois trimmed revenue estimates for the current fiscal year and must absorb higher social services expenses next year leaving less budget room to maneuver.

The U.S. Supreme Court ruled against a journalist group seeking the release of a wide range of Puerto Rico Oversight Board information, which may have had an impact on the PREPA bankruptcy proceedings.

Despite a slump in state revenue figures, a Massachusetts Senate committee approved tax relief along the same lines Gov. Maura Healey proposed earlier.

UBS will compensate a Texas school district, which was forced to resell bonds after the state attorney general rejected the investment bank's contract to purchase the debt.

President Biden will ask the Senate to confirm Gov. Philip Jefferson for the No. 2 spot on the Federal Reserve Board; World Bank Group executive and Colombian-American Adriana Kugler for a vacant board seat; and Gov. Lisa Cook for a full term.

The measure, which passed both legislative chambers in lopsided votes, would strip the governor of his sole ability to appoint turnpike board members.

The Federal Reserve meeting May 2-3 will be closely watched for hints about what the FOMC's next move is. Join BNP Pariba U.S. Economist Yelena Shulyatyeva at 11 a.m. May 4 as she takes a look at the meeting and Chair Powell's press conference.

The choice of PFM's Jill Jaworski for the CFO position drew praise from the outgoing CFO and market participants who are watching closely to see whether the city stays on track with fiscal progress that has drawn more than a dozen rating upgrades across credits.