Amanda Albright

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Nuveen Says Magnificent Seven Investors Should Trade Munis

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Tech megacap investors should diversify into fixed-income opportunities, the firm's chief investment officer said.

Citi Shuts Muni Business That Once Was Envy Of Rivals

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The business has tumbled in the rankings for the underwriting of state and local debt.

Muni Market's Mega Rally 'Likely Unsustainable,' BlackRock Says

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The recent historic returns are unusual for this traditionally staid market.

Texas Launches New Review Of Big Banks Over Energy Policies

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The banks are major underwriters in the $4 trillion state and local debt market.

Bank Of America Forecasts $400 Billion Of Muni Sales In 2024

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States and cities have sold about $273 billion of debt in 2023, down 8% from the same period last year.

Ice Rink's Muni Default Risks Pushing A Missouri City Into Junk Territory

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The St. Louis suburb of Maryland Heights already has a BBB- rating from S&P because of the project.

'All About the 5%': Muni Bonds Struggle To Lure Investors Away From Cash

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Buyers are passing on muni bonds for money funds offering 5% yields.

More U.S. Colleges Are At Risk Of Closing Or Merging, Fitch Says

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Fitch noted enrollment declines as well as pressures on tuition and student fee growth.

Michael Jordan Is The Richest Basketball Player Ever With $3.5 Billion Fortune

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The National Basketball Association legend sold his stake in the Charlotte Hornets this month.

Florida, Texas See Tax Revenue Grow While California, New York Post Declines

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California and New York also saw their populations shrink last year.

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