Federal agency rescinds fine against Grand Canyon University
Grand Canyon University’s Phoenix campus. The Christian university said the U.S. Department of Education rescinded a $37.7 million fine and cleared it of any...
Chicago conference tells positive story to bond investors
Mayor Brandon Johnson and CFO Jill Jaworski speak at last year’s Chicago Investors Conference.City of Chicago Chicago is “diligently preparing” to go to market...
Munis a touch weaker but largely shake off Moody’s downgrade
<img src=”https://public.flourish.studio/visualisation/23279046/thumbnail” width=”100%” alt=”chart visualization” /> Municipal yields rose slightly Monday but largely ignored early morning weakness from U.S. Treasuries and equities in response...
Puerto Rico board, bondholders argue over $3.7 billion claim
The Puerto Rico Oversight Board and PREPA bondholders have very different perspectives on the latter’s supposed administrative expense claim. The Puerto Rico Oversight Board...
Economic boost from trade war pause likely temporary, S&P says
“I am not sure where we will land after the 90-day pause ends,” said Gene Seroka, executive director of the Port of Los Angeles,...
Moody’s U.S. downgrade unsurprising but potential pain point for munis
“We do have to be concerned about the deficit and the growth of our debt,” said Mikhail Foux, head of municipal research and strategy...
U.S. downgraded to Aa1 by Moody’s
Bloomberg News The United States’s long-term issuer and senior unsecured credit rating was cut to Aa1 from Aaa Friday by Moody’s Ratings, which changed...
Markets quiet to close out week
<img src=”https://public.flourish.studio/visualisation/23233991/thumbnail” width=”100%” alt=”chart visualization” /> Markets were quiet Friday as both muni and U.S. Treasury yields were little changed, while equities ended up....
Oregon revenue outlook takes a dive amid economic headwinds
“I am committed to working diligently with the Legislature from now through the end of the session to make hard budget choices and address...
Republican reconciliation bill falters in House Budget Committee
“Let’s not use Washington gimmicks and games to hide spending,” Budget Committee Chair Rep. Jodey Arrington, R-Texas, warned about the Senate’s plans to use...