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Greensboro, North Carolina, is expected to price $175 million of bonds next week, $25 million of which are taxable bonds, with the proceeds being used to redeem outstanding bond anticipation notes. The North Carolina Local Government Commission approved the Greensboro bonds earlier this month as well as $212 million of bonds from Raleigh, with an

As the muni market relies on technology, there’s a school of thought that new systems and processes are favored over personal relationships, sacrificing personal touch for efficiency and automation. However, some market participants argue the contrary, believing technology only further enhances the interpersonal relationships of this highly relationship-based industry. “The industry is built on relationships,

States are casting around for solutions to a drop in gas tax revenues which includes hiked registration fees and the expansion of toll roads, which remains politically sensitive.  “Various projections from state DOTs, think tanks, and economists show that gas tax revenue, which is the largest source of revenue for state transportation trust funds, is

The Federal Reserve’s delay of interest-rate cuts in a bid to temper inflation runs the risk of falling behind the curve, according to Mohamed El-Erian. “The Fed pivoted on the basis of data. It was the opposite of the pivot that they did in December — now they have to do a U-turn,” El-Erian, the

A Senate Finance Committee hearing led by Sen. Ron Wyden, D-Oregon, contemplated ways to smooth funding for rural hospitals as the number in the red has spiked in recent years. Rural hospitals and clinics across the U.S., including in Oregon, have been particularly hard hit by the challenges facing healthcare over the past several years.

Municipals were steady to slightly weaker in spots ahead of a $12 billion-plus calendar, while U.S. Treasury yields rose and equities were mixed near the close There are nearly 30 new-issues over $100 million on tap across the credit spectrum, led by the week’s largest negotiated deal from Harris County, Texas, with $950 million of

Virginia Beach tapped the municipal bond market to help fund a surf park development backed by multi-Grammy award winning artist Pharrell Williams.  The Virginia Beach Development Authority priced about $189 million of debt on Thursday with some of the bond proceeds financing the construction of a 3,500-person entertainment venue, parking facilities and land acquisitions, as

California Gov. Gavin Newsom is seeking to halt the trend of property insurers exiting the state, citing losses, by expediting how quickly they can increase rates. Newsom announced plans to draft a trailer bill to speed up work done by the state’s Insurance Commissioner Ricardo Lara during Friday’s briefing on May revisions to his proposed