Nebraska law paves way for P3 on state expressway system
Nebraska is likely to use a public private partnership to finance completion of its expressway system now that the Legislature...
Bonds
Massachusetts governor proposes $3.5 billion of funding for downtowns
Proceeds from sales of about $1.3 billion in bonds would benefit cities and towns across Massachusetts under legislation Gov. Charlie...
Larger supply to test buyers’ market
Municipals were steady to weaker in spots Friday ahead of a large new-issue calendar, while U.S. Treasuries were mixed and...
Final financing piece of St. Louis convention center in place
St. Louis County Council members signed off on $105 million of borrowing to cover the county’s share of a convention...
Supreme Court reverses lower courts on Puerto Ricans’ eligibility for federal SSI benefits
The U.S. Supreme Court reversed the decision of two lower courts that had declared Puerto Ricans eligible for federal Supplemental...
Municipal yields hold steady; ICI reports $7.2B outflows
Municipals were relatively stable amid mixed trading Wednesday as U.S. Treasuries rallied out long and stocks were mixed.The Investment Company...
Puerto Rico House tries to get rid of LUMA
The Puerto Rico House of Representatives voted to end the commonwealth's contract with LUMA Energy — under which it handles...
Adopting a Sustainable Investment Map
It’s 11:30 a.m. … do you know where your ESG strategy is?This is only half in jest.Professionals from all sides...
Munis sell off, 30-year AAA tops 3%
Municipals sold off Tuesday, with triple-A benchmarks seeing cuts up to 11 basis points and the 30-year topping 3% on...
Fed turns to private sector to beef up tech staff
Jerome Powell wants to put the Federal Reserve at “the forefront of technological changes” in the financial sector. The central...
Los Angeles mayor signals priorities for his final budget
Los Angeles Mayor Eric Garcetti emphasized climate change, infrastructure and the homelessness crisis in his final State of the City...
Hospital merger activity slowed considerably in first quarter
Merger and acquisition activity among not-for-profit and for-profit hospitals dropped off in the first quarter compared to the same period...
Gas tax holidays draw rating agency concern, but no rating action
While lawmakers in California and other states are still debating the merits of cutting gas taxes amid soaring prices spurred...
New York State budget focuses on green as it avoids red ink
New York State’s $220 billion fiscal 2023 budget focuses on environmental, social and governance issues while remaining in balance.Gov. Kathy...
Challenges abound for public finance amid geopolitical turmoil
Rising interest rates, inflation and geopolitics have put pressures on the municipal market since the start of 2022. These challenges...
The Russia-Ukraine crisis: Its affect wealth management and retirement planning
Russia’s invasion of Ukraine has sparked even greater uncertainty amid markets jolted by the pandemic and expected interest rate hikes....
How will the Ukraine war affect banks
As the West isolates Russia with sanctions in response to its invasion of Ukraine, policymakers are using the global financial...
Munis outperform UST sell-off ahead of holiday weekend
Municipals were steady to weaker in spots before the holiday weekend, outperforming a U.S. Treasury sell-off with a double-digit rise...
Why not-for-profit hospitals must think about ESG disclosure
Demonstrating a commitment to environmental, social and governance factors can broaden the investor pool for not-for-profit healthcare bonds but organizations...
Munis mixed; ICI reports highest outflows since March 2020
Municipals were mixed as U.S. Treasury yields fell for the second straight session, while the Investment Company Institute reported $4.8...
New York State issuer and GO ratings receive Moody’s upgrade to Aa1
Moody's Investors Service Wednesday upgraded New York State's issuer rating and its general obligation, personal income tax revenue and sales...
