The Latest

A state appeals court ordered Harvey, Illinois to levy a property tax to boost the nearly insolvent firefighters' fund.

The Treasury Department auctioned $28 billion of seven-year notes, with a 1 7/8% coupon and a 1.941% high yield, a price of 99.569957.

Top-quality municipal bonds were stronger at mid-session as the market is seeing the lion’s share of issuance hit the screens, led by California’s $2.5 billion general obligation bond deal and the Greater Orlando Aviation Authority’s revenue bond offering.

The Treasury Department Tuesday auctioned $25 billion of four-week bills at a 0.960% high yield, a price of 99.925333.

The legislative deal ends a stalemate that had blocked funding for K-12 schools statewide.

Texas service sector activity “continued to reflect expansion in August, albeit at a slightly slower pace,” according to business executives responding to the Federal Reserve Bank of Dallas' Texas Service Sector Outlook Survey, as the revenue index slid to 14.2 from 15.7.

Adequate funding for transit is a heightened focus, says Nick Sifuentes, the new chief of the Tri-State Transportation Campaign.

The consumer confidence index increased to 122.9 in August from a revised 120.0 last month, The Conference Board reported Tuesday.

Maria Doulis of the Citizens Budget Commission and Howard Cure of Evercore Wealth Management discuss New York City's finances, transportation issues and its relationship with NY State. Hosted by Paul Burton.

The municipal bond market will see the lion’s share of issuance hit the screens on Tuesday, led by California’s $2.5 billion general obligation bond deal and the Greater Orlando Aviation Authority’s revenue bond sale.