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S&P last week downgraded the transportation authority, citing weak debt-service coverage.

Import prices were flat in July, below the 0.1% reading expected and following a 0.1% decline in June.

The 107.9 reading was a tick away from the record set in July 1983, and was up 0.7 points from June.

The deadline for voting is 5 p.m. on Sept. 12.

In early December a Puerto Rico government official said that he expected the fiscal year General Fund revenues to be 25% less than budgeted.

Recommendations released by a bipartisan New Jersey panel last week aimed at attacking the state’s beleaguered finances centered largely on combating soaring pension and benefit costs.

As the nation’s most populous state with the largest economy, California could set the upper level benchmark for other large states such as Florida and New York that have not yet announced a sales tax remittance threshold.

An "anemic" first quarter gave way to a much stronger second quarter for the muni market, SIFMA found.

With about $12 billion of new deals on tap, muni investors will have plenty of bonds to choose from.

The University of Texas is launching a $175 million project to remodel its famed football stadium as the university embarks on the 2019 fiscal year with a record budget.