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The private sector remains confused about buying American, potentially slowing how it can react to the needs of states and localities eager to get building.

Total November volume stood at $19.712 billion, the lightest of any month year-to-date, in 527 versus $37.073 billion in 1,055 issues a year earlier, according to Refinitiv data.

The Federal Reserve will slow the pace of interest-rate increases next month, Federal Reserve Chair Jerome Powel suggested Wednesday, while stressing borrowing costs will need to keep rising.

The Missouri-based firms say they will boost client relationships and expand capabilities with the pending merger, which will retain the L.J. Hart & Co. brand.

The state will use surplus revenues to pay off the remaining $1.36 billion balance and will loan the trust another $450 million to bolster its health with repayment going toward the state's budget stabilization fund.

The team has pledged to launch a petition drive to place the project on the May 16 city ballot.

Tax-exempt munis have now regained late September levels, and November's rally has eclipsed October's selloff, MMA notes in a weekly report.

Debt placed through conduit Rhode Island Health and Educational Building Corp. will accelerate repairs at the Paul Cuffee School, a high school in Providence.

University of Chicago Medicine and City of Hope are borrowing through the IFA for acquisitions that expand their footprint

The downgrades for Alaska's largest city come less than two months after the mayor set returning the city's ratings to AAA as a goal in his fiscal 2023 budget.