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Federal Reserve Governor Randal Quarles offered an optimistic view of the U.S. economy, suggesting it may be on the cusp of a sustained period of faster growth and reaffirming his support for “gradual” interest-rate increases.

Moody's says CalPERS' faster debt repayment plan is credit positive despite the budget strain it will provoke.

Justice Elena Kagan said a ruling in favor of Janus would overturn laws in 23 states, the District of Columbia and Puerto Rico and invalidate thousands of municipal contracts covering millions of public employees invalid.

The municipal bond market is expected to give a warm reception to variety of new issues in the smaller-than-average $4.8 billion calendar.

Growing revenue challenges coupled with a “very weak” economy led S&P Global Ratings to drop the city two-notches to BB-plus.

There is no consensus on the content or how to pay for it in an election year where nothing is expected to get done after the summer and everything will be very politically sensitive.

Four senators released a proposal to deal with the Bluegrass state’s unfunded pension obligations.

Gov. Eric Greitens faces a felony charge that could lead to impeachment proceedings.

The average funded ratio of suburban and downstate Illinois public safety funds is 51%.

John Cross, the Treasury Department's associate tax legislative counsel, said the existing tax rules are clear on advance refundings of taxable debt.