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Progress on ending a two-year-old budget drought is being viewed positively by two rating agencies.
July 3
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Federal Reserve Chair Janet Yellen was treated for a urinary tract infection over the weekend, the Federal Reserve said Monday.
July 3
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Market participants say MSRB should include non-bank entities.
July 3
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Top-rated municipal bonds finished weaker on Monday in a quiet pre-holiday-shortened trading session.
July 3
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PREPA officials said they don't expect the filing to affect owed payments or electric supply.
July 3
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Ohio Gov. John Kasich vetoed Medicaid expansion freeze.
July 3
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CIty Council members delayed voting on a proposal by the city’s mayor that would extend the contract for 30-years.
July 3
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The Illinois House on Sunday sent a budget plan back to the Senate with action needed to avert historic fall to junk.
July 3
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The municipal bond market was quiet on Monday ahead an early close to trading and Tuesday’s full close for the Fourth of July holiday.
July 3 -
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Chicago Public Schools sent $467 million to the teachers' pension fund as required Friday.
June 30
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The Illinois House speaker, citing progress, asked rating agencies to hold off on negative action.
June 30
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The five year municipal default rate since 2007 is twice the average since 1970, though it's still a fraction of the default rate on corporate bonds.
June 30
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A skeletal $32 billion fiscal 2018 Pennsylvania budget was scheduled to make its way through the Senate.
June 30
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Top shelf municipal bonds were unchanged at mid-session as traders prepared for next week’s almost non-existent new issue calendar. Ipreo estimates volume at $130.4 million, down from a revised total of $6.02 billion sold this week, according to updated data from Thomson Reuters.
June 30
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Barring a dramatic turn of events, Connecticut will miss its midnight budget deadline.
June 30
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The Indiana Finance Authority approved its takeover of a struggling highway public-private partnership.
June 30
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New Jersey Gov. Chris Christie is preparing for a government shutdown amid a budget impasse with lawmakers.
June 30
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Troubleshooter Joe Lhota, back as chair of New York's MTA, has no shortage of challenges.
June 30
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The move follows the board’s decision to reject a Restructuring Support Agreement developed over three years between Puerto Rico Electric Power Authority and its creditors.
June 30
