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More oversight is needed of how the Transportation Department awards TIGER transportation grants, Government Accountability Office says in a new report.
May 28 -
Efforts are under way in Congress to amend a new federal loan program for water infrastructure that excludes tax-exempt bonds from the project funding package.
May 28
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The Detroit Institute of Arts, which has found itself at the center of the city's high-profile bankruptcy, warned that any attempt by creditors to cash in on the city owned museum's art would spark expensive litigation and undermine Detroit's post-Chapter 9 recovery.
May 28
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Investors' ravenous demand for high-yield municipal bonds has created an optimal environment for lower-rated issuers, analysts say.
May 27
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Nearly a quarter of Detroit's buildings suffer from blight, and it would take $2 billion to fix the problem across the city, according to a report released Tuesday.
May 27 -
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Airport deals will dominate the shortened holiday week, as volume drops to a scheduled $4.1 billion from $6.24 billion in the past week.
May 25 -
Martha Kopacz, municipal finance expert witness to the Detroit bankruptcy case, asked the court Friday to force the city and Ernst & Young to turn over key documents that they have so far refused to release.
May 23
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The Virginia Tobacco Settlement Financing Corp. plans to draw on reserves Dec. 1 because revenues won't be sufficient to pay debt service.
May 23
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Bond insurer Syncora Guarantees appeal of a key Detroit bankruptcy matter was assigned to a judge Thursday.
May 23 -
Travel executives say under-investment in U.S. transportation infrastructure threatens the nation's global standing.
May 23
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A de Blasio administration official disputed a Barclays report that called New York City's agreement with the United Federation of Teachers a credit negative.
May 23
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Municipal mutual funds reported inflows increased to $663.6 million in the week ended May 22 from $616.5 million of inflows the week before.
May 22 -
The Bond Buyer's muni bond indexes mostly weakened in the week ending May 22.
May 22 -
Proposals to keep federal transportation funding at current levels will worsen the existing backlog of transit system deferred maintenance.
May 22
