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The upgrade "reflects a material improvement in the MTA's fiscal outlook, which was largely driven by New York State increasing the maximum rate of the payroll mobility tax," Fitch said.

Michael Whitaker, a career aviation executive, has been unanimously confirmed by the Senate to lead the FAA following Steve Dickson's resignation in March 2022.

Munis experienced some firmness Tuesday, but "whether or not that's going to be for more than a nanosecond remains to be seen," said Jeff Lipton, managing director of credit research at Oppenheimer Inc.

The National League of Cities found mostly good news for city budgets.

San Francisco City Administrator Carmen Chu highlighted challenges the city faces, and how city leaders plan to solve them.

The nearly two-year delay in setting up the per-mile charging fee pilot program means Congress will not be able to consider the feasibility of the fees as it crafts the next surface transportation law.

The Board of Education enters the market with two speculative grade ratings and one investment grade after affirmations from the agencies across the board.

At least two schools are facing the legal costs of terminating the transactions as well as pursuing alternative financing for almost $500 million in construction projects.

The top bond counsel firms combined for a total of $265.112 billion in 5,327 transactions during the first three quarters of 2023, down from the $291.768 billion in 6,400 deals over the same period in 2022.

In September, New Jersey's combined revenue streams were down 5.1% year-over-year, marking a continued slide across the first quarter of fiscal year 2024.