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Jim Beard, Atlanta's CFO for seven years, was charged by a federal grant jury with fraud, theft of government funds and purchasing illegal machine guns.

The new-issue market saw deals from Houston, the Illinois Finance Authority and the City and County of San Francisco, Calif., hit the screens.

During a Congressional Oversight Commission hearing, the Fed's Kent Hiteshew said the MLF is working as is, despite having made loans to only two issuers.

Biden's economic adviser pointed out that a new study couldn’t compare Biden’s economic plan to Trump’s because the president doesn’t have one.

Congressional inability to agree on further stimulus aid means issuers are unlikely to see budgetary relief that would free up dollars for infrastructure at least until after the November election.

Jobless claims declined, but remain elevated, housing starts and building permits also slid, while manufacturing in the Philadelphia region expanded at a slower pace.

City leaders are evaluating layoffs, raise deferrals, leasing city assets and postponing construction projects.

The towns of Phoenix and Talent have been decimated, losing 2,350 homes.

Duane McAllister and Lyle Fitterer of Baird talk with Chip Barnett about low rates and credit quality. They discuss the best scenarios for investors and issuers in these challenging times. (20 minutes)

The presidential candidate said Puerto Rico's debt should be audited and that some of it may have to be declared illegal and thus void.