Kyle Glazier

The Municipal Securities Rulemaking Board announced Wednesday that former board member Milroy A. Alexander has rejoined the group as a public representative through Sept. 30 due to some shuffling in the wake of board member Peter Taylor's resignation.

Construction spending dipped 1.7% to a seasonally adjusted estimated annual rate of $856.7 billion in March, the Commerce Department reported Wednesday.

Sen. Sheldon Whitehouse, D-R.I., has introduced legislation to authorize $500 million of federal grant money for nationally or regionally important surface transportation projects.

President Obama on Monday tapped Charlotte, N.C. Mayor Anthony Foxx to replace Ray LaHood as Secretary of Transportation.

The Securities and Exchange Commission has filed a lawsuit against Victorville, Calif., a city official, the Southern California Logistics Airport Authority, and underwriter Kinsell, Newcomb & DeDios, charging them with defrauding investors by inflating valuations of property in connection with a 2008 bond offering.

Arlington County, Va., will come to market Tuesday with about $190 million of triple-A rated debt. The county has a strong economic profile but faces some challenges from federal cutbacks.

Some Municipal Securities Rulemaking Board members are concerned about dealer financial advisory contracts with issuers that appear to disclaim away the dealers' legal and regulatory obligations, MSRB chair Jay Goldstone said Friday after the board's meeting at its headquarters in Alexandria. Va.

Real gross domestic product increased at an annual rate of 2.5% in the first quarter of 2013, according to the advance estimate released by the Commerce Department Friday.

The Financial Industry Regulatory Authority has updated its guidance for individual municipal bond investors by urging them to ask brokers questions about issuer disclosures and bond insurer ratings.

The federal government will need to make difficult and politically divisive choices to maintain highway funding in coming years, transportation experts told members of the House Budget Committee Wednesday.

New orders for manufactured durable goods fell $13.1 billion or 5.7% to $216.3 billion in March, the Commerce Department reported Wednesday.

The Securities and Exchange Commission's John Cross told attendees at a Bond Buyer Conference Monday that the Municipal Securities Rulemaking Board's G-17 guidance has helped craft the long-awaited municipal advisor rule.

Sales of new single-family houses rose 1.5% to a seasonally adjusted annual rate of 417,000 in March, the Commerce Department reported Tuesday.

The Virginia Supreme Court has reinstated Fluvanna County, Va.'s lawsuit against Davenport & Co. LLC, which seeks damages for state and federal security law violations the county claims the firm committed while serving as its financial advisor.

Existing home sales fell 0.6% to a seasonally adjusted 4.92 million-unit rate in March, following a revised 4.95 million rate in February, the National Association of Realtors announced Monday.

A team of El Paso, Texas, officials and advisors spent last week traveling to New York and Washington, D.C., to trumpet their planned nearly half a billion dollar bond-financed overhaul of the city's downtown area, which they see as a major game-changer for their region.

A report from the American Association of State Highway and Transportation Officials details the funding plans of 30 states, including some creative options.

The Securities and Exchange Commission today charged the chief executive officer of a Chicago-based advisory firm with lying to the California Public Employers' Retirement System and other clients about the amount of money managed by the firm.

The Municipal Securities Rulemaking Board will consider next week comments received on a proposal to require underwriters to disclose preliminary official statements and a proposal to create a new rule governing sophisticated municipal market professionals.

Reports from the 12 Federal Reserve Districts indicate that the economy grew stronger from late February to early April, according to the Fed's Beige Book released Wednesday.