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Walter Higgins plans to submit his resignation because an unexpected family incident will keep him out of Puerto Rico, the governor said.

Municipal bonds were stronger at mid-session as a swell of supply swept into the market on Wednesday.

Labor market “activity declined and momentum remained high in June,” as the Federal Reserve Bank of Kansas City Labor Market Conditions Indicators (LMCI) slid to 0.77 from 0.91 in May.

The American Trucking Associations and three co-plaintiffs argue in federal court that the state's truck-only tolls are unconstitutional.

Bondholders have long complained about the local government's lack of timely and accurate financial information.

The school district established a leadership team as it exercizes local control for the first time in more than 16 years.

BlackRock says relative valuations and historical seasonal trends suggest favorable conditions for municipals.

Fitch Ratings says the application of its new rating criteria is not expected to result in widespread downgrades.

The Financial Industry Regulatory Authority has already barred Jose Ramirez from the securities industry, his lawyer said.

Chicago Public Schools has GO, revenue, and refunding bond deals in the works.

Municipal bond buyers were seeing the first of the week’s deals come to market as two big competitive issues sold.

The combined $10 million payment by Aetna, The Hartford and Travelers is a positive for Connecticut's struggling capital, according to Moody's Investors Service.

Congress might provide clarity by preventing states any state from imposing retroactive liability.

While munis turned in a mostly solid performance on Monday, a Charles Schwab & Co. report said they are less likely to outperform Treasurys in the second half.

The SEC issued separate administrative orders Monday stripping Malachi Financial Products of its muni advisory registration and barring Porter Bingham from the industry.

The MSRB is looking for public members, and specifically investors, to apply through Friday for spots on its board of directors.

Danbury, Connecticut, has launched an investor relations website, BuyDanburyBonds.com, in advance of a $39 million sale of bonds and notes.

Munis were firm at mid-session as traders get set to see some much-anticipated supply hit the screens this week.

Moody's Investors Service deemed the state's strong May tourism numbers a credit positive.

Membership in the Streamlined Sales Tax Governing Board is voluntary, but the Supreme Court ruling may serve as an impetus for more states and e-commerce retailers to join.