Municipals were mixed Thursday, while U.S. Treasuries were firmer five years and out and equities ended mixed after data showed the economy grew at a hotter-than-expected pace in the second quarter. “News that U.S. economic growth accelerated faster than expected in the second quarter has sent market participants on a roller-coaster ride,” said José Torres,

Local government investment pools sponsored by states and municipalities currently account for $882 billion in assets and are mostly free from any Securities and Exchange Commission regulations, per a recent report.  “Local government investment pools are like money market funds,” said Marty Margolis, founder of the Public Funds Investment Institute. “They are in many respects,

A coalition organized by New York City Comptroller Brad Lander has filed three lawsuits to allow the launch of congestion pricing.  Lander and his allies hope the lawsuits will force the defendants — New York Gov. Kathy Hochul, state Department of Transportation Commissioner Marie Therese Dominguez, and the Metropolitan Transportation Authority — to begin the

Controversial new data standards for municipal issuers may advance Tuesday when the Federal Deposit Insurance Agency board is expected to vote on a notice of proposed rulemaking at an open meeting. The FDIC is one of seven federal agencies that, with the Securities and Exchange Commission, will play a role in the complex, joint rulemaking process