Markets

Legal limbo surrounds Atlantic City Mayor Frank Gilliam as he closes his first year in office.

Fitch Ratings said the BB-minus rating on Brightline’s $600 million of private activity bonds was removed because the project has changed strategic focus.

A Fitch Ratings looks at the credit implications of ideas pitched by Gov.-elect J.B. Pritzker.

Detroit originally planned to sell $112 million of new money GOs but boosted the deal to $135 million as buyers sought the speculative-grade paper.

Most Federal Reserve districts reported modest or moderate economic growth in recent weeks, a survey from the U.S. central bank showed.

Chicago boosted to the size of its first sale to finance the O'Hare terminal makeover to $2 billion.

Investors primed for moderation in the U.S. labor market may be surprised by the strength of November’s jobs report.

Municipal bonds were stronger with Treasurys as the Chicago O’Hare airport deal came to market as Detroit sold GOs.

Moody’s said the plant closure would have “a pronounced negative effect on Trumbull County’s economy.”

Market groups welcomed the MSRB’s announcement of EMMA’s readiness.