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The U.S. Virgin Islands Water and Power Authority borrowed $14.8 million last week at a nearly 11% interest rate and plans to borrow $70 million more through bonds in the next nine weeks.

Federal Reserve Bank of New York President William Dudley said it isn’t unreasonable to expect the central bank to announce plans in September to start trimming its balance sheet and said he supports another interest-rate increase this year if the economy evolves as he expects.

The governor wants an amendment requiring a supermajority vote of lawmakers to raise taxes and fees.

A significant bond issue is on the town's special election ballot on Tuesday, Sept. 19.

Deteriorating infrastructure will drag down U.S. economy, contractors warn.

Build America Mutual, after surviving a credit watch with its double-A rating intact, posted mixed results in the second quarter.

The Democratic majority wants to override the changes Republican Gov. Bruce Rauner made to its school funding package.

West Virginia Parkways Authority General Manager Greg Barr said the agency is getting the ball rolling on the process to sell bonds to finance roads projects.

New Jersey’s Essex County neared the top of the bond rating charts 15 years after sitting in triple-B territory.

Federal Judge Juan Sánchez acknowledged the complexity of the case.