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“Based on our best and most recent information, the most likely outcome is that cash and extraordinary measures will be exhausted during the month of October,” Treasury Secretary Janet Yellen said.

The former Metropolitan Transportation Authority chairman pledged his "support, service, and assistance" to Gov. Hochul and her administration, but not in the ESDC role.

Melissa Norcia, appointed Tuesday, will begin her new duties on Sept. 15.

As the market prepares for a smaller primary calendar in the holiday-shortened week, fund flows again are worth exploring as a strong demand component for 2021.

The fight between the governor and the legislature over control of the beleaguered utility is heading to the local Superior Court.

The Bond Buyer is seeking industry-wide input on environmental, social and governance factors in the public finance space.

Moody's moved its outlook to positive on Minnesota's Aa1 rating, and S&P went to stable from negative on its AAA rating ahead of the state's annual bond sale.

Despite two COVID-19 waves and a crippling winter freeze, Texas general revenue was up 6.2% for the year that ended Aug. 31.

On the 20th anniversary of the Sept. 11 attacks, Howard Cure of Evercore Wealth Management and Andrew Rein of the Citizens Budget Commission share memories of that day, how New York managed the crisis and prospects today as the city looks to recover from the pandemic. Paul Burton hosts. (26 minutes)

Supply clocks in at $5.987 billion for the holiday-shortened week. Municipal new-issue volume is still lagging demand with Bond Buyer 30-day visible supply at $10.30 billion, while Bloomberg shows net negative supply at $11.430 billion.