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"Bearish Treasury moves have kept some pressure on the muni market and prevented an attempt to rally during the summer season when large redemptions trump issuance," BofA Global Research said in a report.
August 18 -
Transactions announced for the second quarter rose to 20 involving $13.3 billion of revenues from 15 in the first quarter and hit a milestone in more closely resembling pre-COVID-19 mergers and acquisition activity, according to Kaufman Hall's quarterly review.
July 13 -
The ruling striking down affirmative action may bring a fresh headwind to the higher education space, which already faces soft enrollment trends.
July 11 -
More than 80% of Michigan's larger cities said they are using ARPA funds for capital improvements like buildings and parks.
July 6 -
A $100 million offering of voter-authorized general obligation bonds will speed up blight removal and fund parks and transportation projects.
June 27 -
The Police and Fire Retirement System lacks authority to shift to a 20-year amortization of unfunded legacy liabilities from the 30-year term laid out in the city's bankruptcy exit plan, according to a judge's ruling that eases one fiscal pressure point for the city.
June 26 -
Suzanne Shank has been chosen as chair of the 2024 Mackinac Policy Conference, the Detroit Regional Chamber announced.
June 1 -
With a healthy surplus built over several years, the state adopted a series of tax relief measures. Those actions, along with robust growth in fiscal 2022 that triggered an automatic tax cut, are driving revenue projections lower.
May 19 -
The acrimonious relationship between the university and its private partner has spilled into the courts and underscores that P3 deals don't remove all risks.
May 9 -
The city north of Detroit says it can't afford to make good on a $24 million debt owed to the Great Lakes Water Authority and in the absence of state help has raised state-approved bankruptcy as an option.
May 5