The incredible shrinking office market tests New York City
As New York City officials grapple with finding ways to balance their budget for the next fiscal year, one area of growing concern revolves...
Nashville Metropolitan Council approves a $3.2 billion budget
After a late-night legislative session on Wednesday, members of the Nashville Metropolitan Council voted 38-0 to approve a fiscal year 2024 budget that matches...
Mutual fund inflows return; munis outperform by holding steady
Municipals had another constructive session by holding steady Thursday as inflows returned to municipal bond mutual funds for only the second time since early...
Chicago pension task force begins work
A “working group” made up of city, state, and labor officials tasked by Chicago Mayor Brandon Johnson with finding long-term funding and structural fixes...
California OCTA refunding supercharged by two upgrades
Boosted by two rating upgrades, the Orange County Transportation Authority saw heady demand when it refunded $48.68 million in toll revenue refunding bonds. “It...
Puerto Rico board says challenges to PREPA projections are irrelevant
The Puerto Rico Oversight Board said challenges to its Puerto Rico Electric Power Authority projections are “irrelevant.” The board filed its argument Tuesday evening...
North Carolina Senate overrides governor’s veto of audit bill
Updates to show N.C. House placed override vote on its calendar for Wednesday, June 28. June 21, 2023 5:12 PM EDT Updates to show...
Munis steady as hearty demand emerges
Municipals were steady Wednesday, U.S. Treasuries were little changed, no more than a basis point or two, and equities ended down. A firm tone...
Southeast states tout their aerospace offerings at Paris Air Show
After a pandemic-driven hiatus, the Paris Air Show is underway outside the French capital for the first time since 2019. Among the industry giants,...
Munis, USTs stronger to start the week
Municipals showed some strength Tuesday, U.S. Treasury yields fell and equities ended down. Triple-A scales bumped up to five basis points, depending on the...