Markets

Hartford Mayor Luke Bronin struck a guardedly optimistic tone as he released a $567.3 million budget plan.

A banking industry official warned aldermen that some institutions would cut ties to the city if it enacted such an ordinance.

Industrial production grew 0.5% in March, the Federal Reserve reported Tuesday.

U.S. new-home construction rose by more than forecast in March on a rebound in multifamily starts, giving a boost to first-quarter economic growth, government figures showed Tuesday.

Prices received increased in April, to a level not seen in more than six years, while wage growth slowed.

Municipal bonds held were firm ahead of California's $2.2 billion taxable offering, which is being marketed to international investors.

The launch of the new website came shortly after a second upgrade to investment grade.

The Texas Water Development Board will give investors a shot at its triple-A revenue bonds.

Muni performance is looking good this month, as California gets set to sell $2.2 billion of taxable general obligation bonds.

The 2017 top municipal bond issuer is bringing yet another two-billion dollar deal to market, this time around however California will be selling taxable bonds. The new tax legislation leaves the Golden State few options to refinance the 2009 bonds, but the taxable route should have the way for buyers overseas.