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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.

Distinguishing abusive `pennying' from less insidious behavior is key, dealers told the MSRB.

Municipals were mixed at mid-session as the market prepared to take on a spate of new supply.

With COFINA and GDB deals moving forward, the Public Buildings Authority, Aqueduct and Sewer Authority, and University of Puerto Rico may be next in line.

Former Federal Reserve Chairman Alan Greenspan said a rising U.S. debt burden could derail the current expansion.

Retail giant Amazon announced separate joint second headquarters in New York City and Arlington, Virginia.

Suggestive of possible near-term growth in issuance, municipal CUSIP requests rebounded in October.

Chief Judge Merrick Garland appeared unconvinced by Justice Department attorney Gretchen Wolfinger who argued on behalf of the decision by the Internal Revenue Service to release only limited information in a “suspected practitioner misconduct” case.

The federal government ran a $100.5 billion deficit in October.