Observers and participants in the yearslong effort to turn around Puerto Rico’s economy offered mixed opinions about the significance of the impending departure of Puerto Rico Oversight Board Chairman David Skeel . Skeel will leave the board after a successor is approved. He has been on the board since it was founded in August 2016.

New York’s abrupt move this month to hit the brakes on congestion pricing may hinder similar efforts in U.S. cities that are already struggling with the polarizing politics that derailed New York’s program. But advocates say with the right political champion, the concept of charging a toll to enter busy districts remains an attainable and

Puerto Rico Oversight Board Chairman David Skeel announced he will leave the board after nearly eight years. Skeel, one of the original seven members appointed in August 2016, shortly after the passage of the Puerto Rico Oversight, Management and Economic Stability Act, said he will leave when a replacement is in place. In mid-2020 then-Board

Nearly 150 projects across all states won a piece of $1.8 billion from the popular and competitive transportation Rebuilding American Infrastructure with Sustainability and Equity, or RAISE, grant program. “Some of these projects are not the multibillion dollar projects that drive national headlines,” Transportation Secretary Pete Buttigieg told reporters Tuesday on a call announcing the

Municipals were little changed Tuesday with the focus squarely on the active primary slate as U.S. Treasury yields fell slightly out long and equities were mixed near the close. The two-year muni-to-Treasury ratio Tuesday was at 64%, the three-year at 66%, the five-year at 67%, the 10-year at 66% and the 30-year at 84%, according

Enjoy complimentary access to top ideas and insights — selected by our editors. Transcription: Transcripts are generated using a combination of speech recognition software and human transcribers, and may contain errors. Please check the corresponding audio for the authoritative record. Michael Scarchilli (00:05): Hi everyone, and welcome to the Bond Buyer podcast, your go-to source for

Municipals were steady Monday ahead of a surge in supply, as U.S. Treasury yields fell slightly out long and equities were mixed near the close. The two-year muni-to-Treasury ratio Monday was at 64%, the three-year at 66%, the five-year at 67%, the 10-year at 66% and the 30-year at 84%, according to Refinitiv Municipal Market

Software solutions firm Investortools and technology-driven broker-dealer Millennium Advisors have partnered to streamline the usual muni investment managers’ manually intensive workflow, the firms said. Millennium will provide clients with real-time pricing and trade execution capabilities by connecting directly to the Investortools Dealer Network, or IDN, according to a press release. Millennium will be a “fully

Hospitals in California may get the extra time some say they need to meet stringent earthquake-safety requirements. As it stands now, hospitals will be forced to close if they haven’t completed the required work by a 2030 deadline under a state law originally crafted following the 1994 Northridge earthquake. “Almost two-thirds of the hospitals in