Organization Root Tag

S&P Global Ratings dropped New York's Metropolitan Transportation Authority to A from A-plus, its second downgrade of the agency in five months.

Puerto Rico issues rallied after the central parties reached a deal concerning Puerto Rico Sales Tax Financing Corp. bonds.

The legislation, which aims to curb the effects of app-based for-hire vehicles on city streets, may lead to a congestion pricing framework.

The Puerto Rico Oversight Board, the government of Gov. Ricardo Rosselló, COFINA senior bondholders’ representatives, COFINA subordinate bondholders’ representatives, and bond insurers agreed to the deal.

A draft of the plan in early July indicated that 71.3% of the funding was to come from the federal government.

Only a few of the 45 states that levy sales taxes have announced plans to begin implementation before the end of this year.

Short term gains would be overshadowed by long-term risks, according to Municipal Market Analytics.

Municipal CUSIP requests declined in July after four straight months of volume increases, suggesting a slowdown in issuance ahead.

While she didn't work on muni issues specifically, Allison Lee is a seasoned buster of financial wrongdoers.

The NYC Council has approved up to $500 million of bonds to back an additional financing by the Hudson Yards Infrastructure Corp

The municipal bond market saw more supply hit the screens on Wednesday, topped by New York City’s big general obligation bond offering.

A conduit issuer that Florida created as an alternative to public-private partnerships is readying its first appearance in the market.

Labor market “activity increased modestly and momentum remained high in July.”

Data will determine if and how high the Federal Open Market Committee will raise rates, according to Federal Reserve Bank of Richmond President Tom Barkin.

The governor vowed to disobey Swain’s order, which he said would end Christmas bonuses or lead to "massive layoffs."

The county will sell $150 million of sales tax-backed paper, already rated AAA by S&P.

The proposed new standard aims to create consistent practice in how conduit issuers report their liabilities.

New York, Wisconsin and California issuers priced bonds as investor demand continued to support municipal debt, analysts and traders said. Deals ran the gamut from high-grade to high-yield.

Bond investors had mixed reactions to the city's announcement that it is exploring a pension bond deal.

Led by issuers in New York, Minnesota and Michigan, municipal bond buyers saw more supply head their way on Tuesday.