Finance

Moody’s cited the Pennsylvania city’s continued reliance on its 2013 utility sale to sustain operations.

S&P last week downgraded the transportation authority, citing weak debt-service coverage.

As the nation’s most populous state with the largest economy, California could set the upper level benchmark for other large states such as Florida and New York that have not yet announced a sales tax remittance threshold.

An "anemic" first quarter gave way to a much stronger second quarter for the muni market, SIFMA found.

With about $12 billion of new deals on tap, muni investors will have plenty of bonds to choose from.

The state expects to come to market with an $889.1 million general obligation sale in three tranches.

The muni bond market will see almost $12 billion of new deals this week, but 2018's volume lags behind last year's.

It will seem like Christmas in August for municipal investors when nearly $12 billion of new issuance interrupts the dog days.

Municipal bond volume soars to nearly $12 billion next week as supply-starved buyers await the new issue slate.

“Strategic investments” account for the 20% increase in spending since New York Mayor Bill de Blasio took office, his budget director said Thursday.

The Hutchinson Shockey name will continue after its acquisition by Ohio-based Huntington Bancshares.

Puerto Rico issues rallied after the main parties reached a deal on the restructuring of Puerto Rico Sales Tax Financing Corp. bonds.

Federal disaster relief mitigates the credit impact of fires and other catastrophes, rating agencies say.

S&P Global Ratings dropped New York's Metropolitan Transportation Authority to A from A-plus, its second downgrade of the agency in five months.

Puerto Rico issues rallied after the central parties reached a deal concerning Puerto Rico Sales Tax Financing Corp. bonds.

Only a few of the 45 states that levy sales taxes have announced plans to begin implementation before the end of this year.

Short term gains would be overshadowed by long-term risks, according to Municipal Market Analytics.

Municipal CUSIP requests declined in July after four straight months of volume increases, suggesting a slowdown in issuance ahead.

The Moody's upgrade comes as the city is exploring a privatization of the Lambert airport.

The municipal bond market saw more supply hit the screens on Wednesday, topped by New York City’s big general obligation bond offering.