The Latest

Labor market “activity increased modestly and momentum remained high in October.”

In a document rife with broken promises and misstatements about the muni market, the “Tax Reform” proposal beats up on the municipal bond market and state and local bond issuers to an extent never envisioned prior to the publication of that proposal.

Federal Reserve Bank of Philadelphia President Patrick Harker suggested he’ll likely support a third 2017 interest-rate increase next month.

Democrat Scott Stringer earned a second term by trouncing Republican Michel Faulkner.

Pennsylvania is set to hit the market with the week’s biggest offering — a $974 million competitive sale. Municipals were stronger, according to early trade data.

The top nine bond issues on ballots across the nation received approval from voters and the 10^th largest had 59.1% of the vote, with 60% needed, with slightly more than a quarter of the ballots counted.

Bill de Blasio won a second term as New York City mayor after a boisterous four-way bout that ended as many had expected — in a landslide victory.

The chair of the House committee that oversees Puerto Rico said after Hurricane Maria a "stronger mechanism" is needed to ensure Puerto Rico's recovery.

The first of the week's new issuance rolled in on Tuesday as strengthening municipal bond prices allowed underwriters to cut yields on some of the day’s larger deals.

State Treasurer John Chiang wants a study to consider a state bank for the legal pot industry.