Markets

S&P Global Ratings says Detroit's Local Development Finance Authority's collections haven't been enough to cover debt service payments on subordinate bonds issued in 1997.

Issuers say a variety of factors make it difficult to get audits in any faster.

Municipal bond issuance was not much changed from the start of 2018, marking the second year in a row volume got off to a slow start.

The Hawaii finance team doesn’t expect the market’s volatility to hamper buyer interest.

Improved financial conditions bolstered by additional state aid drove cash-strapped Jamestown, New York back to investment grade following years of budget deficits.

The New York Metropolitan Transportation Authority sold over $1 billion of securities Thursday.

The MNI Chicago Business Barometer dropped to 56.7 in January, falling 7.1 points from December's downwardly adjusted 63.8.

Traditional bond buyers are going back to Puerto Rico.

The employment cost index, a broad gauge monitored by the Federal Reserve, increased 0.7% in the October-December period.

Jobless claims jumped from a five-decade low to 253,000 in the week ended Jan. 26.