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Municipals were steady on Wednesday as the focus remained on the primary with secondary trading light and high-grade municipal scales and U.S. Treasury yields both unchanged while investors again poured in billions into municipal bond mutual funds. “Munis continue to rest comfortably in their range as bulge bracket deals hit the primary,” Jeffrey Lipton, head
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A union for the Puerto Rico Electric Power Authority filed a legal challenge on Tuesday to block the authority’s planned privatization but observers say it has little chance of success. The Union of Electric Industry and Irrigation Workers (UTIER for its Spanish initials) filed the adversary proceeding in the authority’s bankruptcy proceedings in the United
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Chelsea and Manchester City are preparing to pull out of the European Super League after rival football clubs, managers, players, fans and politicians united in opposition to the controversial plans. The two English clubs have begun the process of withdrawing from the new league, according to people briefed on the decision, as other clubs also
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New Mexico expects to begin taxing legal marijuana sales a year from now under legislation signed this month by Gov. Michelle Lujan Grisham. “The legalization of adult-use cannabis paves the way for the creation of a new economic driver in our state with the promise of creating thousands of good paying jobs for years to
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