The Latest

Pittsburgh, whose bonds were junk in 2003, has become a national model for urban rejuvenation.

The University of Michigan's final February consumer sentiment index reading was 99.7, compared to the preliminary February 99.9 and the final January 95.7, according to market sources.

The New York economy is expanding, but February’s pace was much slower than January’s.

Richard Clarida, an international monetary economist and Pacific Investment Management Co. global strategic adviser, is the front-runner for the nomination to be the Federal Reserve vice chairman, said a person familiar with deliberations.

In the week ended March 1, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index was unchanged from 4.01% the previous week. The BB40 Index is based on the price of 40 long-term bonds.

Transportation Secretary Elaine Chao said career employees within her department calculated only a 5% local funding commitment because the two states are relying on federal loan guarantees.

Municipal bonds held firm Thursday as one trader urged buyers to find opportunities by using an old basketball offensive philosophy.

Minnesota lawmakers return with a slight surplus in hand and a bonding bill and possible pension and tax reforms on their plate.

Judge Laura Swain says she has no authority to challenge fiscal plans.

Groups representing both dealer and non-dealer muni advisors are opposed to the MSRB's new rule and rule changes on advertising because they are too dissimilar from FINRA's rules and could be confusing.