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The rating agency also affirmed the ratings on 18 large airports and major airline hub facilities across the United States.

The Federal Reserve is on track to begin increasing interest rates in 2023 if the economy performs as policy makers are projecting, Vice Chairman Richard Clarida said Wednesday.

Pitfalls loom despite improved bond ratings and an improving fiscal picture, according to members of the state's fiscal control board.

A compendium of changes in the municipal industry.

Tighter bidding on bonds 10 years and in pushed high-grade benchmark curves to bump yields.

Illinois' single-employer pension plans are straining the budgets and ratings of those local governments without the tax base, flexiblity, and fiscal discipline to tackle rising costs, S&P says in a special report.

Sales tax collections in July reflected a strong economy, surpassing that of the same month pre-pandemic.

New York's governor denied allegations by state Attorney General Letitia James' office that he engaged in unwanted groping and comments of a sexual nature.

The Michigan Supreme Court sided mostly with the state in a dispute over whether it was meeting local funding obligations under the Headlee Amendment.

The board decided last month it would seek commission approval to tweak rules related to mandatory disclosures.