Markets

The big New York City and California deals are dominating investors’ attention this week as municipals turned weaker.

Moody's dropped Mount Pleasant one notch to Aa3 over risks tied to the $10 billion project.

S&P Global Ratings raised Stockton Public Finance Authority lease-revenue bonds to BB from B-minus.

The New York City Transitional Finance Authority and the New York Metropolitan Transportation Authority were in the market on Wednesday.

The 30-year veteran of HJ Sims, Lebenthal, and Bank of America will be responsible for expanding 280 Cap Markets' new issue underwriting business.

The New York economy gained again in August, with current conditions at a multi-year high.

The U.S. international trade gap widened to $50.1 billion in July, a slightly wider gap than the $50.0 billion deficit expected.

Retail investors lined up to get first crack at the New York City Transitional Finance Authority deal.

Moody's boosted the revenue bond rating of the Las Vegas Convention and Visitors Authority to Aa3.

The New York City Transitional Finance Authority began the first of a two-day order period geared toward retail investors.