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Birmingham, Alabama's general obligation bond rating was lowered one notch by Moody's due to growing pension liabilities.

The Philadelphia deal saw robust demand from muni bond buyers on Tuesday.

Trump's acting chief of staff said details may bedevil an infrastructure deal even if Democrats and Republicans agree on its size.

President Donald Trump suggested Tuesday that if the Federal Reserve cut interest rates by one percentage point and resumed bond purchases it would boost the economy “like a rocket,” as central bank policy makers met to decide on where to set borrowing costs.

Thieves stripped copper wiring and appliances, Newton County officials said.

The debt service reserves for the Better Housing Foundation deals were drained to make the last bond payment.

The last day of the month brings a host of economic indicators, which showed much good news for housing and labor, strong consumer confidence, but mostly softer manufacturing conditions.

Democratic representatives hailed the decision, which averts an interruption of the effort to restructure the island's debt.

The Alternative Reference Rates Committee said the recommendations are part of its mandate to address risks in contracts that refer to Libor as part of the larger shift to the Secured Overnight Financing Rate (SOFR).

The benchmark targeted by the Federal Reserve is on the rise again and that’s leading some to question whether the central bank could make adjustments as soon as this week to maintain control of the rate.