Both Janney and Huntington are among the top 30 underwriters in the muni market and are neck in neck.
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The final judgment in the case was filed Dec. 10 in the U.S. District Court for the Southern District of New York.
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The well-regarded pediatric hospital system is not alone in facing downgrades amid the myriad challenges healthcare has experienced in recent years.
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Pasadena and the Rose Bowl Operating Co. are suing UCLA, saying plans to relocate football games to SoFi stadium could jeopardize $130 million in revenue bonds.
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The New York City Transitional Finance Authority leads the new-issue calendar with $2 billion of future tax-secured subordinate refunding bonds.
December 12
As more states weigh legislative action to decouple from the provisions of One Big Beautiful Bill Act, Treasury Secretary Scott Bessent launches an outreach mission to counter what he calls, a "blatant act of political obstructionism," that will lead to higher state taxes.
Both parties agree the federal permitting process drives up infrastructure costs.
Hosting a single World Cup match can cost cities roughly $100 to $200 million, said House lawmakers that introduced the bill.
Photos from The Bond Buyer's 2025 California Public Finance conference.
Tom Falcone of the Large Public Power Council unpacks the massive infrastructure push driven by AI and manufacturing, and the policy hurdles standing in the way.
The steady demand for municipal bonds in high-risk areas underscores the complex relationship between climate change and financial markets.
Oppenheimer's Head of Public Finance Beth Coolidge and Columbus Auditor Megan Kilgore delve into the future of public finance and human infrastructure on a wide range of topics, from affordable housing and workforce development to public health, climate resiliency, and digital access.
As extreme weather events occur with more frequency across the country, Michael Gaughan, executive director of the Vermont Bond Bank, says municipal bond banks can help smaller communities deal with the effects of them. Gaughan speaks with The Bond Buyer's Lynne Funk on the effects of climate change and how the various levels of government can work together to address it.
After terminating the project in September, the council approved an initial deal with a new contractor team to develop design and construction options.
The Texas city could revisit plans for a desalination project to boost its dwindling water supply with the city council scheduled to consider it next week.
Concerns over the Texas city's future water supply after a desalination project was terminated, led to negative rating outlooks from Fitch and S&P.
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"With its third straight rate cut, the Fed is sending a clear message: it's no longer just watching inflation — it's managing risk," said Gina Bolvin, president of Bolvin Wealth Management Group.
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The bonds are to be used for a variety of projects aimed at recovering from multiple natural disasters that struck Lake Charles in 2020 and 2021.
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The compliance outreach program for municipal advisors and dealers, will be hosted jointly by the SEC, MSRB and FINRA.
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A vote Wednesday by Chicago's city council would speed up budget hearings and signals that a majority of alders may go their own way on the budget.
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The changing climate is increasing insurance rates for residents and cities and lowering property values in areas that face more frequent and intense disasters.
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