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Across the country, homebuyers and their real estate agents—and even some home sellers—describe a sense of deep fatigue in this merciless housing market. → Read More
U.S. stock and bond markets will be closed Monday, January 17 in observance of the life of Dr. Martin Luther King, Jr., after a volatile start to the year. → Read More
U.S. states project the biggest gain in general fund spending since '07 for fiscal '22, as economic growth and federal stimulus help boost local fiscal outlooks → Read More
New York, New Jersey and six other states wrote to the Treasury Tuesday asking for more time to repay interest on loans to cover jobless benefits during the... → Read More
This isn’t your grandfather's muni-bond market. Demand for tax-exempt paper has been so strong that one investor recently called it a 'food fight.' → Read More
U.S. states upped their spending at the fastest rate in at least 35 years in FY2021, boosted by federal stimulus aimed at combatting the effects of the pandemic → Read More
On the cusp of monetary policy tightening, municipal-bond defaults have been ticking higher, suggesting some structural problems with the business models... → Read More
Governors of five Midwestern states sign an agreement pledging to create an electric vehicle charging network across the region, and cooperate to further... → Read More
September 30 marks the end of the federal government’s fiscal year, and the deadline for Congress to pass a funding measure. The debt ceiling, which is the... → Read More
Tax collections in fiscal 2021 beat not just last year, but 2019 as well, thanks to buoyant consumer confidence, an improving economy and federal stimulus → Read More
The city of Chicago bought itself time last December by temporarily plugging a budget hole with debt. Its gamble worked, but was that at the expense of... → Read More
'These neighborhoods can be saved for a lot less money than it would take to bring them back if we let them go,' says Alan Mallach. → Read More
U.S. stocks closed mostly higher Friday, with the Dow Jones Industrial Average and S&P 500 index sweeping to fresh highs after U.S. payrolls trounced... → Read More
Across the U.S., state and local governments and the bond market that helps them are taking increasingly proactive, if piecemeal, steps toward making their... → Read More
This institutional investor thinks there's a lot to like about the U.S. bringing back an infrastructure finance program that worked in the Great Recession -... → Read More
U.S. stocks swept to another round of records Monday as investors awaited corporate earnings, an update from the Federal Reserve, and a reading on inflation.... → Read More
Is state-level tax activism starving local communities of services they need, including public safety? → Read More
U.S. stocks were modestly water at the start of trading in a holiday-shortened week as investors paused to digest a recent string of records and the... → Read More
Public libraries in the U.S. need $32 billion for construction and renovation, according to a report from the American Library Association, and if left at... → Read More
The smaller the entity, the more vulnerable it's likely to be, Moody's report says → Read More