Markets

The group is also urging Congress to enact enhancements for aggie bonds and industrial development bonds.

The Investment Company Institute on Wednesday reported $2.533 billion of inflows into municipal bond mutual funds, the highest since February.

If the market holds, the state could also receive the lowest recorded true interest cost in its history of general obligation bond sales.

Tuesday’s data may not be indicative of where the economy is going and will likely be written off by the Federal Open Market Committee at its meeting, analysts say.

Court approval for the settlement that resolves claims against the state for its role in the poisoning of Flint residents looms this summer.

Lawmakers could not enact the bill on the final day of the regular session, when House Republicans threatened a filibuster.

Most analysts expect the Federal Open Market Committee will alter its Summary of Economic Projections and perhaps begin to talk about tapering, without offering clues when they'll begin cutting back on asset purchases.

Now the fifth largest bank in the U.S., PNC will expand its banking and capital markets activities across the Southwest and Western regions.

With the mayor's race riveted on public safety, candidates discussed the city’s finances in a televised debate.

The rating agency elevated its outlook to stable on the state’s general obligation bonds and various state-entity revenue bonds.