Michelle Kaske

December 22, 2022 | Daily Business Review

New York's MTA Approves Budget With Anticipated 5.5% Fare Hike

Metropolitan Transportation Authority officials have warned that without additional funding from New York state, the agency will have to consider larger fare increases, service reductions and layoffs.

By Michelle Kaske

5 minute read

November 07, 2017 | Daily Business Review

Fresh From Deluge, Miami Weighs Bonds to Gird for Climate Change

Miami residents trudge through knee-high flooded streets in rubber boots as water pours over a vulnerable seawall, an apocalyptic scene reminiscent…

By Michelle Kaske and Jonathan Levin, Bloomberg News

9 minute read

June 30, 2016 | Daily Business Review

Puerto Rico Says It Will Default Even With Congressional Aid

Two days before a potential historical default, Puerto Rico Gov. Alejandro Garcia Padilla made it clear that the commonwealth won't pay bondholders even as Congress votes on a bill allowing the island to restructure its $70 billion in debt.

By Michelle Kaske, Bloomberg News

8 minute read

December 27, 2013 | Daily Business Review

Dirt Bonds Lead Market Thanks To Housing Rebound

Land-backed munis are sold to help finance construction of residential developments, mostly for home construction in Florida and California.

By Michelle Kaske

5 minute read

October 12, 2012 | Daily Business Review

Pimco local buying signals longest rally prolonged

Bets on the $3.7 trillion muni market are paying off as local borrowings are poised to out-earn Treasuries this year on an absolute basis and when adjusted for volatility.

By Michelle Kaske Bloomberg News

4 minute read

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