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The Chicago City Council this week approved a plan to refinance $1.5 billion of the city's debt. The city expects to issue the bonds in the fourth quarter.
October 24 -
Despite studies showing questionable financials, municipalities continue to build
October 24 -
Recent EPA regulations mandating utilities remove lead pipes from distribution systems within 10 years will add to the financial burden.
October 24 -
The event went on as scheduled Tuesday against a backdrop of escalating conflict between the mayor and controller, with each requesting a probe of the other.
October 23 -
Market participants warned of the law's potential harm to a market that's famously bespoke and self-regulated.
October 23 -
New York City Comptroller Brad Lander announced an initiative to further exclude fossil fuels from pension funds' private portfolios to combat climate change.
October 23 -
Tax experts are looking past the election for clues about the fate of the Tax Cuts and Jobs Act, which is approaching its sunset and includes the controversial SALT cap.
October 22 -
Public pension benefit improvements could put credit pressure on states that enact them, the rating agency said this week.
October 22 -
A constitutional amendment would allow municipalities to approve districts that could issue bonds to finance infrastructure for housing developments.
October 22 -
The Federal Open Market Committee is expected to cut interest rates at its September meeting, which will also provide a new Summary of Economic Projections. Marvin Loh, senior macro strategist at State Street Global Markets, examine the meeting, the SEP and Fed Chair Powell's press conference.