Public finance

Illinois is building a foundation to chip away at the state’s massive fiscal challenges, according to Deputy Governor Dan Hynes.

The new budget draws down fund balances for new spending and tax relief but improving reserves and fully funded pensions cushion the state's ratings.

New-issue supply started to trickle into the market Monday, a thin stream that will turn into a torrent by week’s end.

Chicago Mayor Lori Lightfoot, her finance team, and sister agencies will provide in-person fiscal updates at the city's annual investors' conference.

Separating capital construction projects from transit operations at the Metropolitan Transportation Authority quickly generated many questions and some pushback.

A state report says Connecticut should consider converting eligible state assets into a trust and using state lottery proceeds for its public pension systems.

Austin is telling investors that a $319 million airport bond sale is critical to meeting growing demand for service.

The university wants to upgrade its dormitories.

Chats showed him openly fantasizing about an assassination of San Juan Mayor Carmen Yulín Cruz and heaping ridicule on ordinary Puerto Ricans.

Georgia and Texas issuers top this week's new issues in an over $7 billion week.

The municipal bond market will continue to see a swarm of mid-sized deals that will be taken down with ease, continuing the good times that have been fueled by 27 straight weeks of fund inflows.

FEMA's "empty chair" at hearing draws fire from members of the House emergency preparedness subcommittee.

The case's primary claim of anti-trust violations is potentially headed to trial later this month.

The evolution of the lawsuit has opened wide the window into high-yield stakes in the municipal industry and laid bare the relationships between broker-dealers and Nuveen.

The scandals are dealing a fresh hit to Rossello’s administration as he fights with the federal financial oversight board over his budget.

The education sector dominated the municipal bond market on Thursday as several big deals hit the screens.

RBC Capital Markets added Ian Parker as it positions itself to help issuers bring to market billions of dollars in authorized affordable housing debt.

S&P's outlook bump of Hartford's junk rating to positive from stable represents a validation of financial recovery efforts, Mayor Luke Bronin said.

Wells Fargo Securities head of public finance Chuck Peck breaks down today’s "tough" municipal market landscape, discusses how he plans to change the firm's direction, and why he embraces the challenges of the position. Hosted by Aaron Weitzman.

The unnamed governmental entity is seeking recordings that are the subject of recently unsealed transcripts in Preston Hollow Capital’s defamation and antitrust lawsuit against Nuveen. Meanwhile, additional transcripts between Nuveen and Morgan Stanley/Goldman Sachs are now public.