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The Motor City lost a quarter of its residents last decade. Detroit's mayor is now scrambling to keep federal and state dollars tied to population from disappearing, too.
New data from Thompson Reuters today shows municipal bond issuance is headed for the worst quarter in 11 years. Richard DeKaser, an analyst with the Parthenon Group, explains how increasing rates and the end of the Build America Bonds program have affected the market.
Police and firemen in Vallejo, Calif., were laid off as the city worked its way through bankruptcy. Hear the new plan to fill city coffers.
The Academy Awards ceremony this weekend in taking place at the Kodak Theater in Hollywood and Highland, a project that was partly funded by a community redevelopment agency. States may no longer have that sort of money to give to future projects.