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The New York Metropolitan Transportation Authority says it has shaved more than $4 billion off construction costs in five years.

The offer was revealed in a disclosure statement and plan of reorganization in the Chapter 11 bankruptcy.

"We are still not overly concerned about the effect of the geopolitical concerns on municipals — in our view, the muni market is well insulated," said Barclays strategists.

A state judge ordered the Arizona Legislature to enact a system for funding public school facilities that is constitutional and set a timeframe for compliance.

BDA "strongly supports FINRA and the MSRB remaining independent self-regulatory organizations," Mike Nicholas said. 

Brightline asked S&P to withdraw its rating after the latest downgrade.

Jeffrey Puzzullo is the fourth person to plead guilty in the now-notorious Legacy Cares case.

Ratings analysts have thrown out warning flags about California schools, but a buyside analyst says they are a good investment.

Market technicals should weaken this month in line with seasonal expectations, with estimated redemption capital of $32 billion compared to estimated supply of $41 billion, said Appleton Partners strategists.

Could they affect state lottery-backed bonds?