Public finance

Issuance for the week of Aug. 18 remains elevated at an estimated at $6.166 billion, with $5.065 billion of negotiated deals and $1.101 billion of competitive deals on tap, according to LSEG.

California Sen. Dave Cortese proposed the bill as the state grapples with a shortage of affordable housing.

Hunt Memorial Hospital District's distressed finances led to downgrades to Ba3 by Moody's Ratings and B-plus by S&P Global Ratings, with both giving it a negative outlook.

President Trump's move to take over the Washington D.C. Metropolitan Police Department by deploying the National Guard is spawning a request to Congress to establish a security fund that could also be used for infrastructure improvements.

The latest inflation report — the producer price index — threw a monkey wrench into expectations for a big rate cut next month, according to some economists, may put into question any easing in September.

Would-be underwriters of the general obligation bonds will be able to see where they've been ranked among all the bids, and to improve their bid accordingly.

The ruling by a state judge comes in a lawsuit that pointed to unequal access by public school districts to local property taxes and bonds.

The grants allow governments to scan their transportation assets for potential public-private partnerships.

The resignation of the troubled mass transit system's CEO gives MARTA an opportunity to improve operations and to select projects to focus on.

Muni performance is likely to recover during the second half of the year, said Cooper Howard, a fixed income strategist at Charles Schwab.

Through June 30, BAM insured 11 transactions with par of $100 million or more, with four more deals coming since then, the company said.

Auditor General Frank Mautino said the delay was due largely to $1.2 billion erroneously collected from pharmaceutical companies that had to be addressed.

Veteran banker Tim Kelly will give Baird's higher education and non-profit sectors a national reach.

The rating agency cited the MTA's congestion pricing program, ridership recovery, healthy liquidity levels, and continued state support for the higher rating.

"The combination of stronger core and softer headline readings has left some traders struggling for direction," said Daniela Sabin Hathorn, senior market analyst at Capital.com. "There is a reason to be both bullish and bearish depending on which CPI reading you wish to focus on."

A flagship program under the Infrastructure Investment and Jobs Act, the EV charging station initiative was slow to take off despite $5 billion of federal funds.

The fiscal 2026 budget would increase police and fire funding by $63.1 million as the city works to comply with a voter-approved public safety spending mandate.

Citing a "meaningful improvement in the state's balance sheet," S&P Global Ratings Monday upgraded New Jersey to A-plus from A.

Returns for the month currently stand at 0.64%, which have "pushed muni returns back into the green with year-to-date returns of 0.09%," said Jason Wong, vice president of municipals at AmeriVet Securities.

The largest investors in the Brightline Florida train have negotiated new terms ahead of an Aug. 13 repayment deadline.