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A lawsuit alleging fraud accusing banks and broker-dealers of fraud in the variable-rate demand obligation market will proceed, an Illinois judge ruled.

With extreme weather more frequent, investors and rating agencies are scrutinizing the effects of resiliency measures on municipal budgets and reserve levels.

Ipreo forecasts weekly bond volume will surge to $7.2 billion from a revised total of $3.8 billion this week.

Shields, fired by Wells Fargo in December, joined Loop Capital Markets LLC as a managing director this week.

The compromise does not include a full federal takeover of the New York City Housing Authority, which the federal agency had threatened.

Ruling may lead to the requirement to pay interest on the bonds despite the Employees Retirement System bankruptcy.

The N.Y. Metropolitan Transportation Authority sold over $1 billion of securities Thursday as munis ended stronger.

Mt. Pleasant, Racine County, and the Wisconsin state government all face risks if the Taiwanese manufacturer can't deliver on its big promises.

Issuers say a variety of factors make it difficult to get audits in any faster.

Municipal bond issuance was not much changed from the start of 2018, marking the second year in a row volume got off to a slow start.

Trade reporting and supervisory failures were behind FINRA's action against the New York-based firm.

The Hawaii finance team doesn’t expect the market’s volatility to hamper buyer interest.

The New York Metropolitan Transportation Authority sold over $1 billion of securities Thursday.

Traditional bond buyers are going back to Puerto Rico.

Ronnie Lowenstein, director of the Independent Budget Office, weighs the city's fiscal picture against the backdrop of economic and Washington uncertainty. Chip Barnett and Paul Burton host.

Laura Taylor Swain indicated she liked the procedures proposed by the Oversight Board and Unsecured Creditors Committee.

Munis spent most of the day in a defensive stance as the Fed met to decide the course of monetary policy.

The initial public offering will raise up to $540 million to expand Florida's passenger train system and acquire the Las Vegas XpressWest project.

The Center for Retirement Research said the situation is worth monitoring closely because optimistic return expectations could yield required contributions that are ultimately inadequate to meet benefit obligations.

Monetary policy is “appropriate” and in the range of the estimates of neutral, Federal Reserve Board Chair Jerome Powell said Wednesday.