Markets

The authority's issue will also provide new money to help finance renovations at the state's historic capitol building in Lansing.

Federal Judge Mark Cohen formally closed out the lawsuit between the two utilities and Jacksonville after a term sheet was posted settling the litigation.

Municipals were steady on Thursday a day after turning weaker for the first time in almost two months. Refinitiv Lipper reported $2.3 billion of inflows.

The picture remains grim for the U.S. labor market as it attempts to recover from the COVID-19 pandemic, even though fresh initial jobless claims fell to under a million for the first time since March.

Hector Matos brings years of experience as a Texas school finance expert and Citigroup banker to Raymond James' new San Antonio office, the firm said.

Huntington says the Michigan team that came over from Hilltop has experience covering local school districts and governments as well as the state.

Municipal yields rose as much as four basis points on Wednesday, while new issues played the field.

Without giving a reason, Florida’s bond-funded passenger rail developer severed ties with Virgin and said the train system’s name will revert to Brightline.

The Federal Reserve reduced the interest rate spread on MLF tax-exempt notes by 50 basis points for each credit rating category.

Municipal bonds were steady to weaker as billions of dollars in new deals hit the screens Tuesday.