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Poor returns piled another $2 billion onto Chicago's pension tab, but it won't add to the already $280 million contribution spike looming next year, according to its new CAFR.
July 8
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It's reinvestment season and the market is poised to consume about $7 billion, with California State University and San Jose on the menu.
July 5
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California retained its top spot in total volume, but New York State dominated with deal size, with two deals in the top five and five in the top 10.
July 5
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The number of states levying special annual registration fees on electric vehicles has risen by seven this year to 27 as governments seek new ways to fund transportation.
July 5
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The top municipal bond underwriters have outperformed their 2018 first halves in both volume and transactions year over year.
July 5
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Moody's Investors Service revised the outlook on its A2 rating for Yonkers, New York, to negative from stable.
July 5
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Three-quarters of New York subway stations are inaccessible to wheelchair users, who must fight for funds to install elevators and other upgrades.
July 5
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While the best case scenario is a court dismissal, analysts think the state would support bondholders should the case goes against them.
July 5
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Cal Quinn, CEO of Bancroft Capital, joins Jeffery Barrett, a candidate in Bancroft’s veteran training program, to discuss how the firm helps vets develop a career, not just find a job, in the financial services industry. Chip Barnett hosts.
July 4
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The municipal bond market was little changed in quiet activity during Wednesday’s shortened trading session.
July 3
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Municipal managers and analysts say the new quarter will see less volatility and more opportunity for value and upside potential.
July 3
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The massive deal planned for August will bring debt from the former Dignity Health and Catholic Health Initiatives into a single credit group.
July 3
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The Supreme Court will rule on both the legality of the board members' appointments and the validity of their rulings since appointment.
July 3
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Municipal bond investors saw little supply price into a strong market on Tuesday ahead of Wednesday’s early session close.
July 2
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Lawmakers' $9.97 billion spending plan includes $200 million in Garvee bonds for I-95 in Providence but not Gov. Gina Raimondo's call to legalize cannabis.
July 2
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The recorded conversations document Nuveen's efforts to choke off Preston Hollow's access to capital and block what it considered predatory lending practices.
July 2
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The state is taking qualifications from firms interested in building three facilities to house male inmates.
July 2
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The Pennsylvania governor signed a $34 billion fiscal 2020 budget on time and free of drama — unusual for the commonwealth.
July 2
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The Illinois governor says the state, with its low ratings, is in no position to absorb its largest city's massive pension liabilities.
July 2
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The Michigan Supreme Court ruled that Macomb County is not contractually bound to provide lifetime healthcare benefits to retirees.
July 2
