The Latest

Moody's credited a disciplined approach toward budgeting sales tax revenue for the upgrade to Aa1.

If the bonds are approved in March, the junk-rated city plans to issue $250 million of new money, unlimited tax general obligation bonds in 2020.

The gain was led by a 53% jump in revenue from the Act 154 excise tax, which is due to be phased out.

Mayor Lori Lightfoot's administration faces an $838 million budget gap as the city prepares to host investors at its annual buyside conference Friday.

Six of the eight audits — including the Building Authority audit disclosed Monday — involve IRS Form 8038-CP.

The Municipal Securities Rulemaking Board doubled professional fees for municipal advisors last week.

Questions from transit observers and advocates followed the announcement by the Metropolitan Transportation Authority of its $51.5 billion capital program.

A rate cut alone probably won't avert a recession. A rate cut combined with a ceasefire in the trade war might, according to one market strategist.

Xay Khamsyvoravong, chairman of the Providence Water Supply Board, explains how this trending accounting tool could help offset Rhode Island’s local pension liabilities. Paul Burton hosts.

What started out as a funding shortage in a key U.S. money market is now making it more costly to get hold of dollars globally.