Jobs data sparks UST selloff that munis can’t ignore
U.S. Treasuries sold off Friday after payrolls came in much hotter than expected, leading economists and traders to pare back rate cut expectations. The...
Dennis Enright, founding principal at NW Financial, dies
Dennis J. Enright, founding principal of NW Financial Group and NW Capital Markets, has died, the New Jersey-based firm announced Thursday. He was 76....
Stadium costs mount for state and local governments
Taxpayers shoulder a heavy burden for sports stadium subsidies, the Tax Foundation said this week. Reams of research shows that using bonds to finance...
California revolving loan helps Santa Cruz improve sewers
The California Infrastructure and Economic Development Bank board of directors approved $26 million in loan financing for the city of Santa Cruz for two...
As reinvestment dollars flow, mutual funds see inflows of $1.9B
Municipals faced some pressure Thursday as U.S. Treasuries saw losses amid geopolitical uncertainty and mixed macroeconomic data ahead of Friday’s payrolls figure while equities...
Moody’s upgrades Florida special tax, Garvee bonds
Moody’s Ratings upgraded about $900 million of various Florida special tax debt as well as its Garvee bonds Tuesday stemming in part from the...
Leadership of House T&I Committee could be a power struggle
The House Committee on Transportation and Infrastructure prides itself on staying away from drama, but could witness a post-election power struggle for leadership, as...
Amtrak’s slipshod planning risks delays, cost overruns at its largest infrastructure project
Amtrak’s poor planning could mean more delays and cost overruns on its largest infrastructure project, a $6 billion replacement of the Baltimore-Potomac tunnel, Amtrak’s...
Primary the focus; retail engaged as mutual fund inflows continue
Municipals were a touch softer Wednesday, but outperformed U.S. Treasury weakness as investors focused on the primary market with several large new-issues pricing to...
Connecticut Treasurer Russell: Be intentional with inclusion
There were many “trailblazers” at the Muni Pride LGBTQ+ History Month Social Mixer, Connecticut Treasurer Erick Russell said in his speech at the event. ...