The U.S. Department of Transportation has announced a new center to help local transportation agencies spend infrastructure grants “on time, on task and on budget.” The Project Delivery Center of Excellence will guide grant recipients on the development and delivery of infrastructure projects with information on subjects like permits, contracts and bond issuances.  Ty Wright/Bloomberg
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Municipals were lightly traded and mostly steady Monday while U.S. Treasuries were slightly firmer from Friday’s levels and equities closed in the black. With muni returns in positive territory to end the month and supply down 8% for the month and 16% for the year, the calendar flips to the final month of the muni
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In this article ON SOFI NYCB HAS XPEV DIS Follow your favorite stocksCREATE FREE ACCOUNT Pedestrians walk by the SoFi Technologies headquarters on February 22, 2022 in San Francisco, California. Justin Sullivan | Getty Images Check out the companies making headlines in midday trading. SoFi Technologies – Shares of the fintech company popped more than
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Signage outside Intel headquarters in Santa Clara, California, Jan. 30, 2023. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in midday trading.  Intel — The chip stock jumped more than 6% after the company posted better-than-expected second-quarter earnings results. The latest quarter marked a return to profitability after two consecutive losing
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Munis were weaker to close out the week, playing catch up to Thursday’s larger U.S. Treasury losses and preparing for a larger new-issue calendar led by billion-dollar issues from the New York Dormitory Authority and triple-A rated Minnesota, along with multiple large deals from Texas school districts. U.S. Treasuries were firmer Friday and equities rallied.
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Environmental, social, and governance capital programs continue to flourish under increased scrutiny, said one presenter at a recent securities industry event. Climate change may be nothing new, said Trenton J. Allen, CEO of Sustainable Capital Advisors, but the “growing appetite” for suitably focused investments is, and issuers and investors alike can benefit from strategies to
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