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Issuers in the Far West sold $85 billion of municipal bonds in 2019, a 23% increase from 2018.

Metropolitan Transportation Authority Chairman Patrick Foye blames Washington for "recalcitrance" over the Manhattan tolling plan.

Former Federal Reserve Chair Janet Yellen said depending on how widely the coronavirus spreads, the economic impact could have a significant impact on Europe and veer the U.S. toward a recession

Republican Senator Pat Toomey said he’ll support President Donald Trump’s nomination of Judy Shelton for the Federal Reserve Board.

Puerto Rico-based creditors took steps Tuesday to oppose the two biggest proposed restructurings of the commonwealth's bonds.

Municipal bond yields were unchanged at record low levels, according to late reads.

The Illinois attorney general's office is also believed to be looking into the foundation, which issued $170 million of tax-exempt bonds that have defaulted.

Moody's Investors Service revised its outlook on Detroit's general obligation bonds to positive from stable and affirmed its junk Ba3 rating.

Attention is focused on the impact COVID-19 may have on economic growth in the United States in the short and long term.

Refundings and taxable deals were also up substantially, driving the region to $75 billion of municipal bond volume, up 32.6% from 2018.

Moody's cited stable financial operations and adherence to a recovery plan in Connecticut's capital.

It is “still too soon” to say whether the coronavirus outbreak will cause a material change in the U.S. outlook, said Federal Reserve Vice Chairman Richard Clarida, signaling officials won’t be rushed to judgment on the need to cut interest rates.

The Democrat unveiled a $40.9 billion FY 2021 spending plan that again pushes for higher taxes on incomes above $1 million.

The money is for post-Maria reconstruction costs.

As COVID-19 fears run rampant, investors continued to sell off equities, resulting in muni yields again following Treasury yields down to all-time lows.

Covenant's issuing tax-exempt debt to retire some variable-rate, term loan bank debt and taxable bonds to fund construction of a rehabilitation facility.

New York City has seen debt service savings in excess of $2 billion since 2014, but that the city must find more opportunities to cut costs, says Comptroller Scott Stringer.

Taxable refundings caught on in the Midwest as they did elsewhere in the nation, helping the region post a 19% volume gain.

The Conference Board reported Tuesday that its consumer confidence index improved rose to 130.7 in February.

Maria Doulis of the Citizens Budget Commission and Howard Cure of Evercore Wealth Management examine how the state's Medicare cost crisis could affect the city's budget. They also discuss the MTA, public housing and property tax overhaul. Paul Burton hosts.