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President Obamas proposed fiscal 2017 budget would hamper international trade by cutting funding for seaport navigation systems that are needed to accommodate new, larger cargo ships, the American Association of Port Authorities warned.
February 10
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President Obama on Tuesday unveiled a $4.1 trillion budget for fiscal 2017, his last one, that includes a $10.25 per barrel tax on oil to fund green transportation projects and several proposals that either benefit or restrict the use of municipal bonds.
February 9
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The head of the agency that accredits Illinois' state universities issued a warning to state leaders as the schools struggle in the absence of state funding because of a continued budget stalemate.
February 9
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Thomas Schuette has been promoted to Partner and Co-Head of Portfolio Management at Gurtin Fixed Income Management LLC, the firm announced on Monday. Schuette's promotion is aimed at bringing the credit research and portfolio management teams closer together.
February 8
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General Services Administration is looking for partners to build a new FBI building in exchange for current headquarters.
February 8
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Congressional Republicans oppose President Obamas proposal to fund a greener transportation system with a tax on oil.
February 5
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President Obama will propose $32.4 billion per year of additional funding for innovative transportation efforts with his fiscal 2017 executive budget.
February 4
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The Washington Metropolitan Area Transit Authoritys chief financial officer on Thursday contradicted press reports that the authority may have to have discussions with its bondholders to ease its debt.
February 4
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The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, was 11 basis points lower to 4.05% from 4.16% for the previous week.
February 4 -
Long-range road funding bill approved by Indiana House calls for highway planners to study the feasibility of tolling Interstate Highways.
February 4
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The Port of Oakland has lost its second-largest terminal operator, a blow that Fitch Ratings said should be manageable.
February 4
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Investors should be wary of riskier market sectors, while increasing liquidity and credit quality as they position their portfolios for the year ahead, Warren Pierson, senior portfolio manager at Baird Advisors said.
February 4
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