The Latest

Deputy budget director David Womack explains what generates investor confidence in the city. Paul Burton and Chip Barnett host. (14 minutes)

Chicago is accepting underwriter qualifications as it updates its investment banking pool; it also delayed the bidding deadline for potential casino developers.

Triple-A benchmarks saw cuts of one to two basis points across the curve, but still outperformed two days of UST weakness and have outperformed UST losses since the start of the month.

Even if the Oversight Board can legally approve new debt for the deal, some market participants say the future "willingness to pay" is the larger consideration.

The forthcoming Texas law bans businesses from state contracts if their policies are said to discriminate against the firearms industry.

Treasury has already halted the sale of state and local securities, known as SLGS.

Better-than-expected job gains, a rising UST complex and an increase in supply to test municipals' resolve.

The reserve was used to make a $9.3 million Aug. 2 payment on about $290 million of debt. About $9.3 million is left in the fund, enough for the Feb. 1 payment.

The shutdown of a major California hydroelectric power facility underscores the severity of drought conditions in the state.

Rising sea levels could make catastrophic events such as recent subway flooding more intense and frequent in places including New York and Boston.