Markets

Mayor Bill Peduto warned of significant cuts to next year's budget if the city does not receive adequate rescue assistance.

No surprises from the Fed, not much for it to do at this point.

The Metropolitan Pier and Exposition Authority named underwriters and a team to sell up to $200 million of bonds to manage pandemic-driven revenue losses.

Municipals were little changed as all eyes focused on the primary.

Prominent current and former public officials and analysts broadly agree that states and localities are headed for deep financial holes without additional and substantial federal aid.

Their suit against 11 bond underwriters will be heard in a local, rather than federal, court, the lead judge said Wednesday.

Fitch Ratings cut Pioneers Memorial Healthcare District in Imperial County to BB from BBB-minus.

Municipals held firm as more new deals swarmed into the marketplace.

As the coronavirus infections rise in parts of the nation, the economy is suffering.

The lack of a significant new-issue calendar is encouraging some investors to purchase ahead of the first of the month, but others are putting buying off until the arrival of Aug. 1 redemptions.