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A budget without big new tax hikes was an easy sell for Chicago aldermen despite looming pension clouds.

Underwriters priced the New York Metropolitan Transportation Authority’s $2 billion advance refunding deal for institutions on Tuesday, the last big offering of the week.

New York's mayor says realized money will more than offset increased spending for fiscal 2018 and 2019.

The land swap is one of the obstacles that must be cleared to build Wayne County a new jail at a new site.

The SEC went into its expanding toolbox to bring fraud charges against Oyster Bay, N.Y., and its former top elected official for hiding the existence and potential impact of side deals with a businessman.

Tom Enright and Rick Hursh are managing directors of the firm’s new capital markets office in Indianapolis.

Illinois follows up its $6 billion of October borrowing with $750 million of new money GOs.

The MTA tapped a transportation professional with experience in Toronto and London to spearhead the modernization of New York's subway and bus system.

Underwriters priced the New York Metropolitan Transportation Authority’s $2.2 billion advance refunding deal for institutions on Tuesday. In secondary trading, municipals turned weaker.

Underwriters priced the New York Metropolitan Transportation Authority’s $2.2 billion advance refunding deal for institutions on Tuesday. The green bonds were offered to retail buyers on Monday, who ordered about $770 million of the bonds, according to a market source.

The region's non-manufacturing sector “continued to expand, but with a slowing in the pace of growth.”

The Chicago Fed National Activity Index for October increased to 0.65 from 0.36 in September, while the three-month moving average (CFNAI-MA3) rose to 0.28 from 0.01, the Federal Reserve Bank of Chicago reported Tuesday.

The MTA offered $2.2 billion of green bonds to retail buyers, looking to save on borrowing costs with a type of sale that may be banned under pending tax legislation.

Puerto Rico’s government announced it would pay its annual Christmas bonus to workers this year.

SEC takes stock of fiscal 2017 in enforcement and finds 4% of its cases were public finance-related.

The Puerto Rico Electric Power Authority governing board said it was gathering a Transformation Advisory Council of utility industry leaders.

October revenue jumped $231 million compared to a year ago.

Federal Reserve Board Chair Janet Yellen will resign as a member of the Fed’s Board of Governors when Jerome Powell is sworn in as chair, the Fed announced Monday.

Falling Treasury yields despite Federal Reserve short-term rate hikes have caused "conundrum" like that seen in 2004-2005, according to a Federal Reserve Bank of San Francisco, but unlike the earlier occasion, economists may understand it better this time.

The New York Metropolitan Transportation Authority’s $2.2 billion deal was offered to retail buyers. In secondary trading, municipals were trading mixed at mid-session.