Finance

Improved reserve levels helped spur the district's first upgrade in seven years, though it remains speculative grade.

Bankruptcy may be the only way for Hartford to solve its financial problems, said Connecticut's governor, Dannel Malloy.

Municipal utility districts in the Houston area were well stocked with cash before the storm hit, analysts said.

Gov. Tom Wolf has threatened a spending freeze and rating agencies have threatened more downgrades.

Municipal bonds were weaker, traders said, as they look to the $7.42 billion new issue slate, headed by deals from New York City and Maryland.

Do market participants really need a new version of a survey-based benchmark or an entirely different process?

Municipal bond traders were returning to their desks on Monday and looking ahead to the week’s $7.42 billion new issue slate, which will be dominated by big bond deals from New York City and Maryland.

A dearth of state paper bodes well for the sale, says state finance director Sandi Thompson.

Volume in the primary municipal bond market is expected to climb to a more normal level of almost $7.5 billion.

Amazon's search for a second headquarters building could be positive for Seattle and chosen city

Top-shelf municipal bonds were stronger at midday, according to traders, who are looking ahead to next week’s new issue calendar, which is estimated to total $7.42 billion.

The capital city has threatened to file bankruptcy in 60 days if it doesn't get sufficient state help.

Municipal bond traders on Friday are looking ahead to next week’s new issue calendar, which will be dominated by big bond deals from New York City and Maryland.

The offering follows the resolution of legal challenges to toll rate increases.

Mayor Luke Bronin told Gov. Dannel Malloy and lawmakers that Chapter 9 for Connecticut's capital is inevitable if the state cannot pass a budget.

Gov. Bruce Rauner says he will act to authorize $6 billion of borrowing to knock out overdue bills.

Top-rated municipal bonds finished stronger on Thursday, traders said, as the week’s largest deal came to market — the New Jersey Economic Development Authority’s $583 million sale.

Fitch Ratings said the increased costs to complete reactors at Plant Vogtle drove the downgrades.

It will be the organization's first annual conference outside of Chicago.

Top-rated municipal bonds were stronger at mid-session, traders said, as the week’s largest deal came to market — the New Jersey Economic Development Authority’s $554 million sale.