Public finance

He cited a “serious and debilitating cardiac condition that has recently been worsening in intensity and severity.” Gov. Ned Lamont will name a successor.

The weaker-than-expected employment report sent U.S. Treasury yields lower and equities sold off. Munis did what they've been doing — mostly ignored it.

New York's incoming mayor must balance some short-term fiscal advantages with longer-term concerns.

With the ink drying on the new Infrastructure Investment and Jobs Act, eyes now turn to the implementation of one of the largest infrastructure programs in American history.

Nine groups or individuals say the Oversight Board's arguments are wrong.

Refinitiv Lipper reported a significant drop in municipal bond mutual fund inflows at $36 million in the latest week, a signal the volatility of other markets may be creeping in. High-yield saw $53 million of inflows.

Analysts project a positive outlook for toll roads in 2022, expecting median tolled traffic and revenue growth at 2% and 4%, respectively.

Even short government shutdowns create uncertainty and risks for city leaders.

A U.S. Department of Labor action has halted all federal grant funding to California transit agencies, in a rerun of a 2013 dispute.

Muni advocates say they want a lawmaker with local government experience to take over as influential chair of the House Committee on Transportation and Infrastructure.

The Investment Company Institute reported $974 million of inflows into municipal bond mutual funds in the week ending Nov. 23, down from $1.430 billion in the previous week.

California will seeks its share of infrastructure bill funding to provide equitable access to high-speed internet.

States, on the front lines of implementing the new $1.1 trillion infrastructure program, want clear, flexible federal rules and the ability to tap private investment.

While the outgoing New York mayor's final plan showed some bright spots, enough remains to test Eric Adams when he takes office.

Powell says the FOMC will consider ramping up tapering when more information about Omicron and its impacts are known, further flattening the UST yield curve.

Revenues were also up compared to the first quarter of fiscal 2021.

Total November volume was up 58.3% to $33.818 billion versus $21.359 billion a year earlier, but the figure is average over a 10-year period. A combination of factors from policy uncertainty in Washington to fears of rising rates led to the increase.

The refinancing will add $80.5 million to the original 2017 federal loan for the project, bringing the total to $606.7 million.