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The value of business inventories in November was down 0.1% from October vs a 0.2% gain expected by analysts.

While public corporations are required to file an annual audit within 60 days after the close of the year, municipal bond borrowers often take close to triple that time or longer.

The January producer price index data was weaker than expected, falling 0.1% overall. However, there was a 0.3% gain excluding food and energy.

Filings for U.S. unemployment benefits unexpectedly rose last week and remain elevated compared with recent trends, a sign of possible residual effects of the partial government shutdown.

U.S. retail sales unexpectedly fell in December, posting the worst drop in nine years in a sign of slower economic momentum at year-end amid financial market turmoil and the government shutdown.

The federation issued its suggested budget roadmap Wednesday, ahead of Gov. J.B. Pritzker's first budget release.

An unexpected tax appeal settlement with Atlantic City's Hard Rock Hotel & Casino will steer financial resources away from the city's recovery efforts.

Gov. Gretchen Whitmer had a lot to say about what she wants to do but no details on how to pay for it.

Municipal CUSIP requests increased in January on a year-over-year basis as new deals swarmed into the market.

Governance and economics, rather than cutting benefits, are increasingly seen as key to solving pension funding woes.