Finance

A $1.1 billion tax-exempt revenue bond deal for New Jersey's American Dream retail/entertainment complex did not price as scheduled.

The Chicago Transit Authority and Regional Transportation Authority are latest rating victims of Illinois political gridlock.

Those waiting for the bonds that will finance the long-awaited American Dream development in New Jersey will have to wait a bit longer as the big sale was delayed.

Municipal bond traders will see the bonds that will finance the long-awaited New Jersey megamall American Dream hit the market on Wednesday in an unrated sale that has garnered a lot of attention.

Top-quality municipal bonds finished mixed on Tuesday, traders said, as the state of Wisconsin came to market with a sale of general obligation bonds and investors awaited the Federal Open Market Committee's decision on interest rates.

Weak reserve levels led S&P Global Ratings to downgrade Suffolk County, N.Y.

National Public Finance Guarantee got a vote of confidence from Kroll Bond Rating Agency a week after S&P Global Ratings put the MBIA Inc. municipal bond insurance unit on credit watch negative.

Top-quality municipal bonds were mixed at mid-session, traders said, as the state of Wisconsin came to market with a sale of general obligation bonds.

Financial woes in Illinois raise a red flag for investors in state and local bonds.

Municipal bond traders are awaiting the start of this week's new issue sales.

Pennsylvania Gov. Tom Wolf signed a pension overhaul compromise bill.

Illinois’ swap providers agreed to lower termination triggers, the governor's office said.

Top-rated municipal bonds ended weaker on Monday even as traders anticipated demand for the week’s new issue slate.

Only two of Illinois' nine public universities retain a Moody's investment-grade rating after new downgrades.

California revenues beat state budget projections in May.

Chicago’s chief financial officer says bankruptcy isn’t on the table for Chicago Public Schools.

S&P Global Ratings said it raised its long-term rating on the city of Los Angeles, Calif.'s outstanding general obligation bonds to AA from AA-minus.

Top-rated municipal bonds were weaker at midday as traders eagerly await the new issue slate to start rolling in.

Massachusetts’ downgrade by S&P Global Ratings affects $22 billion in GO debt.

Municipal market participants are eagerly awaiting the new issue slate to start rolling, as issuance is expected to be around the weekly average.