Markets

A key House committee chairman would block any attempts to expand PABs for public infrastructure projects.

Two Florida counties contend that environmental laws were violated when federal agencies allocated private activity bonds for the All Aboard Florida project.

Analysts say states' and cities' unfunded infrastructure should be viewed as a liability, along with debt, pensions and other post-employment benefits.

The municipal bond market on Wednesday was taking stock of Pennsylvania’s successful sale of over $1.5 billion of tobacco bonds.

Berkeley, Calif., plans to issue the first bonds using blockchain technology in May.

The value of business inventories rose 0.4% in December, slightly above analysts' expectations for a 0.3% rise.

U.S. retail sales unexpectedly fell in January and December figures were revised downward, suggesting consumer spending is on a slower track in the first quarter.

U.S. consumer prices rose by more than projected in January as apparel costs jumped the most in nearly three decades.

Pennsylvania sold a tobacco bond deal to receptive buyers, who liked the security pledge, timing and partial insurance.

Build America Mutual's 2017 and fourth quarter financial results show gains.