Markets

Buffalo, N.Y. received an improved credit outlook from two rating agencies ahead of a planned bond sale to address capital improvements.

In the hunt for new revenue, two Southeast governors made proposals that could signal the revival of a taxing mechanism that was widespread in the pre-World War II era.

Hennessey, Okla., Public Schools patrons approved a $15.49 million bond issue Tuesday.

Morningstar has given its “Socially Conscious” designation to the JPMorgan Municipal Income Fund, making it one of the first in the municipal bond space.

Municipal bonds were stronger at mid-session as more new deals came to market, topped by some large offerings from issuers in New Jersey, California and Pennsylvania.

Municipal bond insurer analysts are rechecking their estimates of potential losses in Puerto Rico after the federal control board approved a 10-year plan that assumes less than 24% of debt coming due will be repaid.

About 4,639,700 online job postings appeared on leading internet job boards in March, an increase of 102,000 from February, the Conference Board reported Wednesday.

The U.S. services sector expanded in March although the non-manufacturing business activity composite index was 55.2 in the month, compared to 57.6 in February, on a seasonally adjusted basis, the Institute for Supply Management reported Wednesday.

The rebranded Rhode Island Infrastructure Bank approaches infrastructure as a strategic economic development tool.

The municipal bond market is seeing more new issue supply hit the screens on Wednesday, topped by some large deals out of New Jersey, California and Massachusetts.