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Bankruptcy may be the only way for Hartford to solve its financial problems, said Connecticut's governor, Dannel Malloy.

Gov. Tom Wolf has threatened a spending freeze and rating agencies have threatened more downgrades.

Municipal bonds were weaker, traders said, as they look to the $7.42 billion new issue slate, headed by deals from New York City and Maryland.

Consumers’ inflation expectations held for one-year, but dipped for the three-year horizon, according to the August Survey of Consumer Expectations, released by the Federal Reserve Bank of New York on Monday.

Municipal bond traders were returning to their desks on Monday and looking ahead to the week’s $7.42 billion new issue slate, which will be dominated by big bond deals from New York City and Maryland.

Volume in the primary municipal bond market is expected to climb to a more normal level of almost $7.5 billion.

Los Angeles port's labor agreement covers $780 million in investments planned over the next decade

Former Treasury official Kent Hiteshew will keep his hand in infrastructure, Puerto Rico issues.

They outlined the importance of the $13 billion tunnel linking Amtrak and New Jersey Transit to Penn Station.

New York Fed President William Dudley said hurricanes could influence the timing of the next interest-rate increase, although growth warrants gradual hikes.

Since the Great Recession, the tech sector in New York has added over 57,000 jobs.

Former SEC lawyer Peter Chan has some ideas where SEC enforcement actions may be headed.

Strong demand for New York State’s new free public college tuition program could disrupt the private higher education landscape.

State funding for K-12 school districts has been restored after a compromise between lawmakers and the governor.

Top-shelf municipal bonds were stronger at midday, according to traders, who are looking ahead to next week’s new issue calendar, which is estimated to total $7.42 billion.

The capital city has threatened to file bankruptcy in 60 days if it doesn't get sufficient state help.

The White House is considering more than a half-dozen candidates to be the next head of the Federal Reserve, including economists and business people, with a goal of filling out a depleted board with expertise ranging from financial regulation to community banking, according to three people familiar with the matter.

Municipal bond traders on Friday are looking ahead to next week’s new issue calendar, which will be dominated by big bond deals from New York City and Maryland.

New York Fed President William Dudley reiterated the need to continue raising interest rates while conceding the inflation model may be need a rethink.

The offering follows the resolution of legal challenges to toll rate increases.