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Homes in Larchmont, in New York’s Westchester County, which received and S&P upgrade to AAA>Bloomberg News Westchester County is ringing in the new year with a new AAA rating from S&P Global Ratings.  S&P’s analysts cited growth in the county’s reserves, conservative budgeting and strong sales tax revenue as the reason for Tuesday’s upgrade from
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The St. Paul hospital campus of Children’s Minnesota. The nonprofit health system plans a bond sale the week of Jan. 13..Children’s Minnesota Nonprofit health system Children’s Minnesota will refinance some debt and take out new debt to fund an electronic records transition, renovations at three hospitals and the purchase of medical equipment. The city of
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North Carolina State Treasurer Brad Briner said his appointments to the state’s Investment Advisory Committee would improve the pension system’s growth. The North Carolina Local Government Commission approved several bond deals at its meeting Tuesday. Approved were $252 million, $90 million and $45 million of bonds for Mecklenburg County, a $200 million bond for the
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A yard sign in New Liberty, Iowa, in 2023. Carbon capture and storage projects, including pipelines to transport the CO2, have faced opposition from local landowners and environmental groups.Bloomberg News Carbon capture — a process with proponents and opponents on both sides of the political spectrum — may be at a pivotal point in the
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China’s currency has weakened to a 16-month low as the potential of sharp tariff increases from the incoming Trump administration fuels selling pressure on the renminbi. The onshore renminbi weakened 0.1 per cent to Rmb7.34 against the dollar on Wednesday, its weakest since September 2023, in spite of the People’s Bank of China maintaining a
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<img src=”https://public.flourish.studio/visualisation/21069905/thumbnail” width=”100%” alt=”chart visualization” /> Municipals were mixed Tuesday but outperformed the U.S. Treasury market while equities closed the session in the red. Triple-A yield curves barely moved compared to the losses in USTs, which saw yields rise over the entire curve and up to eight basis points 10-years and out, pushing ratios lower.
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Denver International Airport’s Vision 100 is to serve 100 million annual passengers by 2032. “That’s a conservative estimate,” said Michael Biel, the airport’s deputy chief financial officer who becomes CFO starting Jan. 12.Denver International Airport To accommodate rising passenger volume, Denver International Airport extended its capital improvement program through 2035 and is one of the
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<img src=”https://public.flourish.studio/visualisation/21055199/thumbnail” width=”100%” alt=”chart visualization” /> Municipals were little changed Monday as U.S. Treasury yields rose slightly out long and equities ended mixed. With the steady tone Monday, muni to UST ratios fell slightly. The two-year municipal to UST ratio Monday was at 65%, the five-year at 64%, the 10-year at 66% and the 30-year
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