Public finance

Chicago Public Schools officials said they will not be making a disputed pension payment when they presented the district's 2026 budget at a board meeting Wednesday.

"American money is there, we just have to make it feel welcome," said board member Francis Sacr, former executive director of the Gateway Development Commission.

A state-by-state review of 2025 midyear issuance in the Southwest.

A lawsuit seeks to force the Texas city to reword its Nov. 4 property tax rate hike proposition to correct "misleading" language.

While Trump's trade war has roiled markets, unnerved foreign governments and provoked criticism from leading economists, S&P affirmed its AA-plus rating for the U.S. — a score it's given since 2011, when it first downgraded the world's largest economy from AAA.

The deputy treasurer of the Commonwealth of Massachusetts will be inducted into The Bond Buyer's Hall of Fame of Municipal Finance in Boston on Sept. 30.

Bond sales in the eight-state region totaled $54.9 billion, trailing the nation with an 8.1% gain year-over-year as Texas issuance slipped 7.6%.

"If unfavorable economic numbers ... are released next month, we should expect a hold on any rate cuts and a possible rate hike to follow, putting a damper on any positive returns for the rest of the year," said Jason Wong, vice president of municipals at AmeriVet Securities.

KC Mathews, executive vice president and chief market strategist at Commerce Trust breaks down the FOMC meeting.

The state will charge active employees higher salary-based health plan premiums to avoid a near-term $1.3 billion deficit.

The state is expected to pursue a TIFIA loan instead of toll revenue bonds.

Doe announced his decision to hand over the day-to-day duties to his partners in a client email on Friday.

Introducing The Bond Buyer's newest class of Rising Stars, who will be honored at an awards dinner in Boston on Sept. 30, 2025.

Following last year's record volume, long-term municipal issuance is exceeding that pace through the first half of 2025.

A state-by-state review of 2025 midyear issuance in the Northeast.

Municipal bond insurance volume grew 12.6% in the first half of 2025 year-over-year, according to LSEG data.

Electric power bond issuance was up 47.8% and educatron issuance was up 31.6% from the first half of 2024.

Rising underwriting spreads are a "flashing neon sign that the muni market is still nursing the hangover from higher rates and choppy flows," said James Pruskowski, an investor and market strategist.

The market saw elevated issuance, with an average of $10 billion to $12 billion of supply per week.

Municipal issuers in the Northeast sold $72.25 billion of bonds in the first half of 2025, up 14.7% year-over-year, propelled by new money and GO deals.