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Christian Sobrino Vega, the commonwealth’s representative to the Puerto Rico Financial Oversight and Management Board, made clear in an interview with The Bond Buyer that the commonwealth has not and will not intermingle federal disaster aid with debt payments to the island’s bondholders.

New York service sector activity “expanded modestly” in November, according to the Federal Reserve Bank of New York's Business Leaders Survey, released Friday.

Chicago came to market Thursday with its two-week delayed sales tax securitization bonds.

S&P Global Ratings now rates New York personal income tax and sales tax bonds AA-plus.

The Senate's approval of the Kansas banking commissioner leaves the board with two remaining seats to fill as the administration's nominees for the vacancies await votes.

The board wants to avoid invoking its power to force spending cuts to pay for the expected annual payment to government workers.

A federal court imposed an unusually stiff financial penalty and a lifetime ban against the already-jailed Christopher St. Lawrence.

The Federal Reserve announced it will review monetary policy strategies, tools, and communication practices next year.

Voters appear to have rejected $8.9 billion water bond measure only five months after approving a $4 billion water bond.

Fitch Ratings dropped the South Carolina utility’s rating two notches to A-minus and revised the outlook to negative, citing a legal claim by its largest customer.

Monetary policy is near a neutral level, one that neither stimulates nor restricts economic growth, according to Federal Reserve Bank of Atlanta President Raphael Bostic, who noted that caution should be used going forward.

Chicago is heading to market Thursday with a scaled-down version of sales tax securitization bonds.

The deal allows the authority to exit a 280-year lease and take ownership of the station, the Hudson Line and the Harlem Line.

The goal of a rating agency is to facilitate commerce and to protect investors, according to Kroll Bond Rating Agency’s CEO James Nadler. He and managing director William Cox also discuss the effort to foster a healthy dialogue with investors. John Hallacy is host.

Chicago is coming to market Thursday with its delayed sales tax securitization bonds.

Manufacturers report expansion at a slower rate in November.

Prices paid remained elevated, employment levels rose and business activity expanded faster in November, according to the Empire State Manufacturing Survey.

Federal Reserve Chairman Jerome Powell said the U.S. economy is strong but could face headwinds next year.

The Chicago City Council approved the 2020 budget in a near unanimous vote.

The municipal bond market saw several large deals hit the screens on Wednesday, led by issuers in Michigan and South Carolina.