Markets

The economic news Friday was mostly positive, with consumers spending on clothes, cars and eating out, while manufacturing continues to suffer.

Pricing was delayed for a $3.2 billion municipal bond deal to finance a passenger railroad between southern California and Las Vegas.

Municipals were a bit stronger on the long end Thursday as action heated up in the primary.

The Louisiana State Bond Commission will refinance $424 million of variable-rate bonds; the deal isn't expected to include the termination of underwater swaps.

Initial jobless claims rose in the latest week, while the Empire State manufacturing index slipped, and the Philadelphia Fed's rose.

The state is easing a strict quarantine requirement that has left its all-important tourism industry with very few tourists.

Chris Brigati, managing director and head of municipal trading at Advisors Asset Management, talks with Chip Barnett about what investors can expect in the fourth quarter. He looks at interest rates, the economy and the presidential election and what’s in store in a post-pandemic world. (21 minutes)

Municipals finished little changed Wednesday as a hefty slate of new deals came to market.

Although progress has been made, a full economic rebound from the COVID-19 pandemic won't come soon, Federal Reserve Vice Chair Richard Clarida said.

Memphis, Tenn-based FHN, a division of First Horizon Bank, announced Wednesday the hiring of two municipal bond veterans to its New York City team focusing on infrastructure in Evan Levine and Crystal Mullins.