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A delayed Pennsylvania budget would only have a minor effect on schools, S&P Global Ratings said

The developer of a Florida passenger train service may forgo private activity bonds.

Top-rated municipal bonds were weaker at mid-session, according to traders, as two large deals from New York issuers came to market.

Chances of an on-time Connecticut spending plan faded.

Illinois House Democrats laid out a $36.5 billion fiscal 2018 spending plan.

Pending home sales decreased 0.8% to an index reading of 108.5 in May, after a downwardly revised 1.7% slide to 109.4 in April, according to a report released Wednesday by the National Association of Realtors.

Municipal bond traders are waiting to see the institutional pricing of the big DASNY deal as a host of other offerings hit the market on Wednesday.

Federal Reserve Chair Janet Yellen gave no indication her plans for continued monetary policy tightening had shifted while acknowledging that some asset prices had become “somewhat rich.”

Puerto Rico’s bondholders and bond insurers made court filings Monday to protect their interests as the historic municipal debt restructuring proceeds.

Top-quality municipal bonds ended weaker on Tuesday, according to traders, as the first of the week’s new supply lit up their screens, led by a big DASNY deal.

Indiana named a consulting firm to serve as emergency manager for Muncie Community Schools,

New Jersey lawmakers advanced Gov. Chris Christie’s proposed transfer of lottery revenues to boost state pensions.

The SEC's chair said the commission's fiscal 2018 budget request would help enforcement and examinations.

South Carolina reactor owners continue to review their options after Westinghouse’s bankruptcy.

Federal Reserve Vice Chairman Stanley Fischer pointed to higher asset prices as well as increased vulnerabilities for both household and corporate borrowers in warning against complacency when gauging the safety of the global financial system.

Illinois isn't the only Midwest state struggling with budget issues.

California lawmakers have approved a plan to borrow up to $6 billion to prepay pension obligations.

Top-quality municipal bonds were weaker at midday, according to traders, who were seeing the first of the week’s new supply light up their screens, led by the big DASNY deal.

Laura Whittall-Scherfee will direct a California agency that finances affordable housing.

One more rate hike should remain appropriate this year, Federal Reserve Bank of Philadelphia President Patrick Harker said Tuesday, although he said he thinks it will take a little longer than he expected for inflation to hit the Fed’s 2% target.