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The increasing saturation of the Northeast market with casinos bodes poorly for states expecting tax windfalls, analysts said.

A task force wants New Jersey to issue $400 million of GO bonds to upgrade aging water systems.

The municipal bond market is mostly breathing a sigh of relief after it has had time to digest the possible effects of new U.S. tax legislation, according to a report.

The value of U.S. durable goods orders surged by 2.9% in December, well ahead of expectations for a 0.9% gain due to a 7.4% jump in transportation orders.

Fourth quarter GDP rose 2.6% in the advance estimate, slower than the 3.0% pace expected.

In the week ended Jan. 25, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index rose to 3.88% from 3.86% the previous week. The BB40 Index is based on the price of 40 long-term bonds.

In his final State of the State speech, Jerry Brown reiterated support for water transfer tunnels, high speed rail, and the projects funded by a new gas tax.

Moody's Investors Service said on Thursday that it downgraded the city of Waterbury, Conn.’s outstanding general obligation debt to A2 from A1. The outlook remains stable.

The post-hurricane fiscal plan assumes that Puerto Rico will get a substantial amount of federal aid, but doesn’t include it in its calculation of available resources.

As Pennsylvania prepares to sell $1.39 billion of tobacco bonds next week, Invesco released a report that highlights reasons investors should own tobacco bonds.