Bond issuers are establishing common reserve funds to spur economic growth while also generating income, but risk is involved ...
Municipals are seeing losses of 1.82% in December, which has dragged down overall gains to just 0.68% for 2024, per the Bloomberg Municipal Index.
The U.S. Securities and Exchange Commission charged Silver Point Capital, L.P. with breaches of nonpublic information federal laws with regards to Puerto Rico bonds.
The San Diego County-based hospital system's financial woes were dire enough to earn junk ratings from Fitch Ratings, Moody's ...
Indianapolis-based Sycamore Advisors is building its quantitative muscle with two new experienced municipal finance hires in ...
The Trump administration may cut the Affordable Care Act and Medicaid, which threatens to land on a hospital sector still ...
Moody's cited heavy reliance on reserves, potential for continued operating deficts, and a fall 2024 decline in enrollment as ...
"Munis are grappling with a storm of uncertainty," said James Pruskowski, chief investment officer at 16Rock Asset Management.
Moody's Ratings does not rate Clyde, Texas, but it highlighted the city's recent default in a report this week. A small Texas city struggling with water scarcity disclosed this month that it took out ...
A bipartisan agreement on a continuing resolution to keep the government open fell apart after intervention from ...
It's hard enough convincing local governments to spend money on cyber insurance that covers ransomware attacks, said Omid Rahmani, public finance cybersecurity lead at Fitch Ratings. The new and very ...
The challenge to the 2022 approval of bonds for a PACE program could "catastrophically undermine" the finality of all Florida ...