Organization Root Tag

Legislation to overhaul retirement benefits for Michigan teachers will make it easier to predict pension costs, S&P said.

New York lawmakers approved a three-year extension of counties' authority to levy local sales tax.

With fiscal year 2017 nearing an end in Puerto Rico, the Oversight Board was threatening to approve a budget Friday morning without local government agreement and the electric power authority was on the verge of default on a $423 million bond payment due Monday.

Cuts to Ohio's Medicaid program may delay Gov. John Kasich's signature on the state budget.

Bonds were hit Thursday by a combination of global central bank comments, strong Eurozone economic data, and rising expectations of another interest rate hike by the Federal Reserve this year.

The SEC's Investor Advocate said muni market reform will be one of five areas for "significant time and attention."

The new guidance details conduct that may put advisors in violation.

With growth, inflation and interest rates low, accommodative monetary policy remains appropriate, Federal Reserve Bank of St. Louis President James Bullard said Thursday.

The SEC could charge workers from Morgan Stanley & Co. and Barclays Capital, who worked on the deals.

Aetna is moving its corporate headquarters to Manhattan, New York City Mayor Bill de Blasio announced on Thursday. The health insurance company will move from Hartford, Conn., to its new headquarters at 61 9th Avenue by the end of 2018.

Municipal bonds were weaker as yields rose as much as seven basis points. In the primary, the N.Y. MTA postponed its $700 million green bond deal while Goldman priced the Los Angeles Department of Water & Power’s bonds.

Gov. Andrew Cuomo announced emergency actions for mass transit in New York City.

The Illinois governor says he will keep lawmakers in session until a budget agreement is reached.

Municipal bond traders are eyeing yields on the rise as the primary gets set to see the last of the big deals of the week hit the market on Thursday.

A proposed ordinance calls for Chicago to funnel more money to two pension funds without state action.

Puerto Rico Title III Judge Laura Taylor Swain retained control over deciding about the island's sales tax bonds and diminished the Oversight Board’s role in the case at Wednesday’s hearing.

Puerto Rico's oversight board's decision against the power authority's restructuring support agreement moves $9 billion of debt closer to bankruptcy.

The Detroit Public Schools Community District plans to cut more than 60 jobs .

Top-rated municipal bonds finished weaker on Wednesday, sending yields as much as four basis points higher, according to traders, as two large deals from New York issuers priced.

A court decision on Illinois Medicaid bill payments could come on the last day of a special session.