Today In The Markets

Nebraska Gov. Jim Pillen called a special legislative session, starting on July 25, to try to win lawmakers’ support for his property tax reform plan.  The plan involves funding Nebraska’s K-12 schools through sales taxes — eliminating certain sales tax exemptions and raising taxes on advertising, cigarettes, vaping products and alcohol — rather than through

Some horse-trading occurred on two initiatives Tuesday as the California governor reached deals to pull them from the ballot if he signed off on legislation that would resolve the issues. Gov. Gavin Newsom has until Sunday to sign the budget, which has resulted in some 11th hour changes, leading up to the deadline, even though

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

Data from the Urban Institute’s recent report on April state tax revenues showed sales tax revenues down year-over-year in 31 states in real terms, a decline the nonprofit think tank attributed to decreases in overall consumption and a shift by consumers from taxable goods to nontaxable services. According to the report, 30 of 47 states

The Securities Industry and Financial Markets Association and State of Missouri have each filed summary judgement bids urging a judge to rule in their favor in a lawsuit over the state’s first-of-its-kind environmental, social and governance investment regulation. The court has set an Aug. 13 date for oral arguments on the dueling motions. SIFMA sued the

Chicago’s Metropolitan Pier and Exposition Authority, which runs the city’s 2.6 million square foot convention center, McCormick Place, expects to sell up to $231 million of McCormick Place Expansion Project refunding bonds next month while exploring options for upgrades to the facility’s Lakeside Center building and plans to renovate the Hyatt Regency McCormick’s guest rooms.