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The territory needs $1.3 billion to $2.3 billion of investment beyond the current level to support growth and competitiveness.

Chicago now expects to bank $215 million in upfront debt refinancing savings from a bond refinancing it expects late this year or early next.

Economic Club of New York attendees questioned the president's claims of an economic boom as well his efforts to spur the Federal Reserve into cutting interest rates faster.

The risk of a state takeover of the bankrupt utility, which Gov. Gavin Newsom has suggested, is not incorporated into California's rating, S&P said.

Reduced activity in the oil patch is showing up in Oklahoma's revenue growth, Treasurer Randy McDaniel said.

James Johnson, who steered New Jersey's oversight of Atlantic City, is now corporation counsel for New York City.

The week’s new issuance got off to a slow start on Tuesday, but the Street is flush with cash and ready to pounce as the bigger deals price on Wednesday and Thursday.

The Missouri Highways and Transportation Commission takes bids Wednesday on its first new money deal in nine years.

The Ann Arbor, Michigan, schools persuaded voters that waiting would be more expensive, while pitching greener buildings in an education-driven community.

With the fed funds rate target cut to a range of 1.50% to 1.75%, the Federal Reserve may not have enough firepower to respond to the next economic shock.