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The Puerto Rico Oversight Board has voted unanimously to ok a five-year fiscal plan that faces local government opposition.

Funding a major capital program increasingly with debt is a big challenge, said finance director Robert Foran.

Attracting companies like Amazon requires more than tax incentives, favorable regulations and other lures to which we can attach a dollar sign.

Service sector “activity softened in October,” according to the Federal Reserve Bank of Richmond service-sector activity survey.

Manufacturing growth in the central Atlantic region “expanded moderately in October,” while prices accelerated.

The region's services sector expanded at a steady pace, as the general business conditions index grew to 37.6 in October from 37.4 in September,

Puerto Rico bonds gained in a mixed muni market as a revised fiscal plan projected a bigger surplus.

The revised five-year fiscal plan projects increased disaster-related funding and slowing population decline through 2023.

Clients have filed hundreds of similar claims against UBS since 2013, with aggregate damages of $2.6 billion.

A muni advisor facing an enforcement action could use a Supreme Court decision on gambling as a defense, a bond lawyer says.

Municipal bonds were stronger on Monday ahead of this week’s rather paltry new issue supply calendar.

The impact of the 2008 crisis led Congress and the MSRB to reshape many of the ways business is done in the municipal bond market. Part 1 of The Bond Buyer's series on the decade after the financial crisis.

The Chicago Fed National Activity Index for September declined to 0.17 from an upwardly revised 0.27 in August.

The steady pace of U.S. economic growth, supported in part by monetary policy, is consistent with the central bank’s plan to continue gradually lifting interest rates.

Weekly bond volume is forecast to fall to $5.9 billion from $10.3 billion in the prior week.

The new GASB standards apply to Other Post-Employment Benefits, or OPEB, which mostly pertain to retiree health benefits, but also can include dental, vision, disability and death benefits.

S&P Global Ratings cautioned Chicago's leaders about issuing pension obligation bonds and avoiding a backslide on budget progress.

The Federal Open Market Committee should raise rates two, maybe three times to reach a neutral policy rate, Federal Reserve Bank of Dallas President Robert Kaplan said Friday.

Household survey is much more positive about total employment than establishment survey.

A new law takes effect Nov. 1 to allow New Jersey to collect sales tax on products shipped from out of state in the wake of the Supreme Court's Wayfair ruling.