The 10 largest underwriters of electric power issuance in the first half of 2024 accounted for $8.68 billion.
Morgan Stanley was first in $2.21 billion, followed by J.P. Morgan with $1.74 billion and Goldman Sachs with $1.34 billion.
Source: LSEG
Six Texas cities sued the state comptroller over a rule that altered where sales taxes would be collected on certain online purchases.
The battle over ESG investing is spreading in the Midwest, with the recent passage of an Ohio law and a decision by the Indiana Public Retirement System.
Analysts are unsure what the Federal Open Market Committee will do with monetary policy in 2025. The panel projects two rate cuts, but some analysts expect more, and others see fewer.
A new law and constitutional amendment will restrict how fast property tax bills can rise on homestead properties, impacting local governments.
In the remaining days of this year, "taxable rates continue to be pressured but munis are finding a stable, even supportive, bidside," said Kim Olsan, a senior fixed income portfolio manager at NewSquare Capital.
Moody's Ratings said the 2025 budget that passed Chicago's City Council this month won't materially alter the credit profile of the city, which it rates Baa3.
