Finance

Wayne County and Detroit officials hope a new, $5.4 billion, 20-year transit plan makes it to the November ballot.

A spate of deals priced, as investors put more money into long-term municipal bond funds.

The newly updated Congressional Research Service report may be used as a resource by lawmakers if infrastructure legislation with private activity bond provisions is introduced.

More supply hit the municipal bond market on Thursday as JPMorgan Securities won a sale from a rarely seen New York issuer and Morgan Stanley priced a big Florida deal.

Democrats are frustrated that President Trump's infrastructure plan would require state and local governments to come up with the majority of funds for infrastructure projects.

New York City Transitional Finance Authority was able to cut yields amid healthy demand for its $1 billion bond sale Wednesday, as a drop in CUSIP requests signaled the supply drought may continue.

With its accreditation no longer at risk, College of DuPage got an upgrade from S&P Global Ratings.

Detroit's plan to pay off some bankruptcy-related debt early should save $11.7 million.

Some states don't remit all of the sales tax funds that are due to local governments from e-commerce retailers.

Chicago-based banker Kevin Hoecker is following his former boss to Wells Fargo.

Jefferies priced the New York City Transitional Finance Authority’s $1 billion of building aid revenue bonds and competitively sold $75 million of taxables.

Concerns about Trump's infrastructure plan and the president's proposal to eliminate TIGER grants surface at Senate Commerce Committee panel hearing.

Two New York issuers dominated the municipal bond market on Tuesday, bringing over $2 billion of new supply.

Moody's Investors Service cut Milwaukee's rating to by a notch to A1.

The Trump plan proposes only a 20% federal share, leaving local governments to come up with 80% of their own money or in partnership with the state and private investors.

Two New York issuers are making their presence felt on Tuesday as they hit the market with over $2 billion in municipal bonds.

Retail buyers got first dibs on New York City Transitional Finance Authority’s $1 billion of building aid revenue bonds

The New York City Transitional Finance Authority offered $1 billion of its building aid revenue bonds to retail buyers on Monday.

Brodie Killian will be lead banker for school district, community college, and local government clients in Michigan.

S&P Global Ratings said revenues are not increasing to match the New York regional transit agency's expenses.