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Municipal mutual funds reported inflows slowed to $247 million in the week ended Feb. 26 from $320.04 million of inflows the week before.
February 27
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Detroit Mayor Mike Duggan, in his first state of the city address, said the foundation has been laid for Detroit's revitalization as it moves through its historic Chapter 9 bankruptcy.
February 27
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Tax-exempt money market funds recaptured more than half of last week's loss as they gained $1.29 billion in new cash, boosting total net assets to $269.33 billion.
February 27
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Standard & Poor's affirmed ratings and removed from CreditWatch Detroit's distributable state aid bonds issued in 2010 and 2012 through the Michigan Finance Authority.
February 26 -
President Obama proposed a four-year, $302 billion surface transportation infrastructure construction and repair program.
February 26
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The first segment of a new $5.7 billion rail line extension of the Washington Metrorail system to Dulles International Airport needs more work before it can handle passengers, the Metropolitan Washington Airports Authority said Monday.
February 25
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The federal judge overseeing Detroit's bankruptcy case denied a request from major creditors, led by bond insurers, to slow down the city's fast-track schedule for approval of key bankruptcy documents.
February 25
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Holders of Detroit's general obligation bonds are among the biggest losers in the city's debt plan, and that's prompting some muni market participants to call for a fresh look at how GOs are viewed.
February 24 -
S&P raised its GO rating for Amherst, Mass., home of the University of Massachusetts, to AA-plus from AA, citing the town's strong budgetary performance.
February 24 -
Federal Railroad Administration gave California's bullet train authority another 90 days to come up with $180 million of state match for federal spending.
February 24
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The judge overseeing Detroit's bankruptcy case released a schedule Monday that sets hearings through June to consider the city's effort to shed its debts and move out of Chapter 9.
February 24 -
Detroit is being cautious about its revenue projections and its ability to enter the capital markets over the next decade, according to documents filed in bankruptcy court.
February 24
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