Public finance

"We believe that the most effective project delivery happens before your project even begins," said DOT Volpe Center Director Anne Aylward.

Sponsors say bill is a chance to have territories' needs addressed.

Oliver, 71, had been serving as acting governor while Governor Phil Murphy was in Italy on vacation with his family.

Major bondholder Preston Hollow and the trustee for $86 million of debt sold for Mercy Iowa City in 2011 and 2018 pointed to default events.

Tax-exempt bonds issued for the American Dream mega mall backed by New Jersey economic development grants are poised to miss a third straight interest payment.

This week kicks off a flip of calendar to the final month of the summer reinvestment season and one of the larger new-issue calendars of the year.

The Federal Reserve said that banks reported tighter standards and continued weak demand for loans in the second quarter, extending a trend that began before recent stresses in the banking sector emerged.

Bond for the private Florida passenger railroad have outpaced their high-yield muni peers as trading volume increased.

The board and the PREPA bond parties told Swain they had reached "an agreement in principle to resolve the outstanding perfection issues" in the bankruptcy.

July's total volume was $25.939 billion in 542 issues, down from $28.258 billion in 619 issues a year earlier, the smallest percentage drop in monthly issuance year-over-year in 2023, according to Refinitiv data.

Ikhrata told the board Friday that he would be stepping down from the San Diego County regional planning agency in December.

The state-created agency has a plan to finally tap hitherto unused proceeds from a 2021 bond issue.

The three-day National Association of Securities Professionals event featured industry experts and focused on accelerating inclusive development.

For the coming week, investors will be greeted with a larger new-issue calendar led by large New York and Texas ISD issuers, along with gilt-edged Minnesota selling competitively.

The House and Senate remain at least $120 billion apart on fiscal 2024 spending levels.

Extreme temperatures affecting much of the United States add an additional challenge to hospitals still reeling from the pandemic.

During its quarterly board meeting, the MSRB approved its controversial one-minute trade reporting window and approved a $47 million budget for FY 2024.

"During this critical period for our state's future, I'm looking forward to having Blake Washington on my team," Gov. Hochul said.

Municipal bond mutual fund saw inflows with Refinitiv Lipper on Thursday reporting investors added $552.219 million to funds for the week ending Wednesday following $1.040 billion of outflows the previous week.

Issuers are grappling with struggling transit systems in post pandemic.