Markets

Although new home sales rose for the first time in three months, the rate was lower than expected.

The unrated 40-year bond issue was marketed to sophisticated institutional buyers familiar with the legal dispute between MEAG and Florida's JEA.

Facing Gov. Mike Dunleavy's 40% cut in state funding, the regents passed a measure allowing it to lay off tenured professors and close campuses.

The college is heading into the market as it remains the center of a libel lawsuit that may cost it more than $25 million in punitive damages.

The two suburban affordable housing portfolios are owned by the Ohio-based Better Housing Foundation.

The suit is "a policy paper masquerading as a complaint," the state says, but it may still push up Illinois' borrowing costs while it is active.

Investor demand for New York City bonds allowed underwriters to move the sale up by a day.

Existing home sales and the Federal Reserve Bank of Richmond’s manufacturing index support a 25 basis point Fed rate cut next week.

As summer sizzles, this week’s hottest deals can be found in the municipal bond market.

While Federal Reserve officials made it clear they intend to cut interest rates at their July 30-31 meeting, not all of the regional presidents are on board with this move.