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Lawmakers unveiled a preliminary $2.6 billion capital budget for the 2019-20 fiscal years.

Diminished Washington aid and a pending downturn require prudence, the city's comptroller said.

“We’re getting our ass kicked," the Gov. Dannel Malloy said, pitching a widening of the state's most congested highway.

New money sales made up for a drop in refundings, pushing the region past $95 billion of volume.

Federal Reserve Board Chair Jerome Powell seemed to counteract his earlier statement, which suggested the chance for four rate hikes in 2018.

Municipal bonds were trading firmer Thursday as the last of the week's big deals came to market.

The 29% tax exposure rate is up for a readjustment because the new tax bill slashed the corporate tax rate to 21% from 35% and also lowered individual tax rates.

Municipal bond buyers welcomed several big deals on Wednesday as demand outpaced new bond supply.

Chicago is seeking $4 billion in initial borrowing authority to launch its overhaul of the airport's terminals.

The light month for long-term municipal bond volume is another ripple effect of the new tax law and the issuance rush leading up to its enactment.

"We have to find new solutions," said Partnership for New York president Kathryn Wylde.

Rosselló is seeking assistance from Congressional leaders as Puerto Rico struggles to get on its feet financially five months after Hurricane Maria.

Issuers across the Southeast sold $68.5 billion of bonds in 2017, a 5.8% year-over-year decrease.

Playing a waiting game on Wednesday, portfolio managers were looking for volume to normalize.

Creditors have until May 29 to file a proof of claim, though most bondholders won't have to respond because the judge is allowing trustees to file a "master proof of claim."

The insurer wants more time to develop land it received as part of the city's bankruptcy exit.

Federal Reserve Board Chair Jerome Powell’s testimony before Congress was perceived by some market participants as increasing the possibility of a tighter monetary policy.

The SEC told a federal court that it will not pursue a judgment against the muni advisor firm or its principal unless it appears that the settlement process has stalled.

South Dakota, which has no state income tax and relies on sales and use taxes for much of its revenue, will make its oral arguments to the high court on April 17.

Issuers in the Midwest sold $82.98 billion of debt last year, a 5% drop from 2016.