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"It would be irresponsible for us to ignore factors that can fundamentally impact the long-term viability of investments," said CalPERS interim Chief Investment Officer Dan Bienvenue of climate risks.
June 13 -
"The shortage of accountants is not a brand new-issue, but it seems to be more thematic this year," said Richard Ciccarone, president emeritus of Merritt Research Services.
June 7 -
Moody's Ratings analysts revised the outlook to stable from negative on the expectation that states and locals will fill an $8 billion operations funding gap.
June 5 -
Co-authors of a bill to authorize a tax measure seen as crucial to Bay Area transit killed it amid opposition from multiple quarters.
June 3 -
May volume "surprised on the high end and it has been one of the fastest starts to the year historically," said James Pruskowski, chief investment officer at 16Rock Asset Management.
May 31 -
Democratic leaders in the Assembly and Senate said they restored some of Gavin Newsom's proposed deficit-reducing cuts in their budget proposal.
May 31 -
Fifteen years after a $9.9 billion bond issue that was to finance a substantial portion of a new high-speed rail line across California, the proposal "has become one of the most troubled megaprojects in the nation," said Sen. Ted Cruz, R-Texas, and Rep. Sam Graves, R-Mo.
May 30 -
California senators approved a tax measure to raise $1.5 billion after the bill's author promised further tweaks to occur on the Assembly side.
May 28 -
The majority of the debt sold for the state's community choice aggregators came through CCCFA, a conduit issuer that ranked third among all issuers nationwide for volume issued in 2023.
May 24 -
Municipal analysts have been tracking the challenges faced by home insurers in California and other states plagued with extreme weather events as a harbinger of credit risk.
May 17