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The unfunded liabilities of the funds nearly doubled over the last decade.

UBS Wealth Management Americas raised its firepower in areas that escaped the chopping block under the new tax law, hiring a trio of executives with experience in stadium and public power finance.

The Treasury Department Tuesday auctioned $24 billion of three-year notes at a 2.080% high yield, a price of 99. 768648.

Bank of America Merrill Lynch and TD Securities won the bidding for Massachusetts’ $600 million of general obligation bonds while Citigroup won the gilt-edge Fairfax County, Va., bonds.

State Sen. Scott Frantz, R-Greenwich, examines what lies ahead as the state comes off a tumultuous 2017 that included a late budget, rating downgrades, political gridlock and Hartford's bankruptcy threat. Paul Burton hosts.

The Treasury Department Tuesday auctioned $45 billion of four-week bills at a 1.280% high yield, a price of 99.900444.

The Vermont Municipal Bond Bank and Vermont Educational and Health Buildings Financing Agency named public finance veteran Michael Gaughan to lead both entities.

U.S. job openings unexpectedly fell in November to a six-month low, though the level is still consistent with an improving labor market, Labor Department data showed Tuesday.

Revel, the failed $2.4 billion casino in Atlantic City, New Jersey, built as a high-end playground for Wall Street bankers, sold for $200 million to a Colorado developer who plans to reopen it under the name Ocean Resort Casino.

The law firm is building out its Pennsylvania public finance practice.