Markets

Continued fiscal progress a year in the wake of resolving outstanding casino tax appeals moved Atlantic City’s credit rating toward a B grade for the first time since early 2016.

Veteran Florida bankers Matthew Sansbury and Alex Bugallo joined the firm’s public finance division as managing directors.

With Democratic majority, Rep. Richard Neal of Massachusetts, a supporter of tax-exempt bond financing, would chair the Ways and Means committee.

Investors saw more volume hit the market on Wednesday as California sold nearly $900 million of municipal bonds.

Bids were plentiful on the competitive deals but spreads were higher in the wake of two downgrades.

Labor market “activity declined and momentum remained high in September.”

U.S. new-home construction fell in September on a decline in the South that may reflect disruptions from Hurricane Florence.

The New York City issuer led Tuesday's new issue supply surge as municipals traded mixed.

In their pleading, banks said the plaintiff is "precisely the sort of 'busybody' " that is prohibited from making such claims.

Deals from issuers in New York, Illinois, Tennessee and Minnesota hit the market on Tuesday.