Organization Root Tag

State and local governments were advised Thursday to avoid imposing burdens on out-of-state e-commerce retailers that could spark a new round of litigation as they begin implementing the Supreme Court’s June 21 South Dakota v. Wayfair, Inc. ruling on sales taxes.

Monetary policy is still accommodative and gradual increases in the fed funds rate target will proceed, according to the Federal Reserve’s monetary policy report to Congress, released Friday.

Ipreo estimates weekly bond volume at $9.2 billion, consisting of $7.5 billion of negotiated deals and $1.7 billion of competitive sales.

Governor is setting up the appointment of a new executive director at a salary lower than one announced Wednesday.

CPS inches up speculative grade credit ladder, which in turn helps garner Chicago a stable outlook.

During a webinar Thursday moderated by the National League of Cities, officials pointed out that the South Dakota v. Wayfair, Inc. sales tax case has been remanded by the U.S. Supreme Court back to the South Dakota Supreme Court.

Twenty-three years after hitting rock bottom, D.C. has a triple-A rating.

Munis finished mixed as California State, Los Angeles Airport and L.A. County Facilities Inc. hit the market.

The action follows a resignation by the PREPA executive director and pressure from the governor.

The deposit exceeds some pre-budget estimates that the fund would receive $14 million, said Gov. Tom Wolf.

Federal Reserve Chairman Jerome Powell gave an upbeat assessment of the U.S. economy.

Maine Gov. Paul LePage angered many muni market participants last month with a last-second cancellation of already-priced bonds, but is that the end of the story?

The federal government ran a $74.9 billion deficit in June, the Treasury Department reported Thursday.

The Philadelphia Parking Authority, already under state scrutiny for costing public schools nearly $78 million of revenues because of mismanagement, is now a focus of the city’s new fiscal watchdog.

The U.S. Supreme Court case heightens the risks for Georgia, because authorities could be forced to borrow to build alternate water systems.

Federal Reserve Bank of Philadelphia President Patrick Harker defended the central bank’s symmetrical inflation target.

New York City’s Department of Finance continues to pay businesses that owe millions of dollars in past due taxes, according to an audit by Comptroller Scott Stringer.

Municipals were mixed at mid-session as the last of the week’s big deals came to market, led by a bond offering out of California and a note sale from Colorado.

The board has claimed its policies must be followed to make money available for bond payments.

Businesses are starting to step up their efforts to partner with community groups and provide training programs for employees as job openings become harder to fill, Federal Reserve Bank of New York President John Williams said.