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Tuesday's Detroit mayoral primary results mean incumbent Mike Duggan will face challenger Coleman Young II in November.

Chicago Fed President Charles Evans said it would be “reasonable” to announce the roll-off of the central bank’s balance sheet next month, while cautioning that disappointing inflation data may delay interest-rate increases as technological disruption dampens price pressures.

Year's end is the new target to launch the first segment of the Brightline train service.

Top-quality municipal bonds were stronger at midday, traders said, as the market was seeing a lull in issuance with only two major deals slated to hit the screens.

Labor market “activity increased and momentum remained high in July,” as the Federal Reserve Bank of Kansas City Labor Market Conditions Indicators (LMCI) grew to 0.51 in July from 0.36 in June, according to the Bank.

After a hectic day on Tuesday, the municipal bond market will see a lull in issuance with only two major deals slated to hit the screens on Wednesday.

The judge in the Puerto Rico Title III bankruptcy cases is scheduled to weigh motions by Puerto Rico Electric Power Authority and Puerto Rico Sales Tax Finance Corp. (COFINA) bondholders at a hearing Wednesday.

Top-rated municipal bonds finished mixed on Tuesday, traders said, as a New York City issuer sold over $1.5 billion in six competitive offerings.

Funding requirements will "escalate significantly" in coming years, Moody's said.

Market participants are unsure what the Municipal Securities Rulemaking Board is after.

With Federal Reserve Board Chair Janet Yellen's term due to expire in February, speculation is rampant in D.C. about who might replace her — or whether she will be replaced at all.

The rules would be overly burdensome, restrictive, costly, and would hamper infrastructure projects.

A debt issue to reduce its mountain of unpaid bills is stuck in Illinois' political divide.

Top-rated municipal bonds were mixed at mid-session, traders said, as a New York issuer sold about $1.5 billion in six competitive offerings.

Peter DeGroot, Strategist and Head of Municipal Research at JPMorgan, joins us to discuss his views on the municipal market for the second half from both the technical and credit aspects. Hosted by John Hallacy.

The subway crisis could change the political landscape, New York's mayor says.

About $2.5 billion of bonds are coming from just two issuers on Tuesday, as the market gears up for big competitive sales from New York and a large negotiated deal out of Ohio amid various other deals from around the country.

The New York mayor and his supporters must shepherd the bill through Albany.

Puerto Rico’s June economic activity declined 0.5% compared to May and 2.1% compared to a year earlier.

Philadelphia’s sin and sweet taxes yielded Pennsylvania’s largest city more than $500 million in revenue over the last five years, according to a new economic report.