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The municipal bond market on Wednesday was taking stock of Pennsylvania’s successful sale of over $1.5 billion of tobacco bonds.

The White House is considering Federal Reserve Bank of Cleveland President Loretta Mester for central bank vice chair.

Mayor Bill de Blasio’s $88.7 billion preliminary budget faces tougher scrutiny with Corey Johnson as City Council speaker.

The planned $12.7 billion billion project for a new dual-track rail tunnel linking New York City and New Jersey got the cold shoulder in President Trump’s $1.5 trillion proposal.

Pennsylvania sold a tobacco bond deal to receptive buyers, who liked the security pledge, timing and partial insurance.

Puerto Rico's latest fiscal plan represents an improvement over the previous one, which included nothing for debt repayment.

The Municipal Securities Rulemaking Board wants to prepare broker-dealers for a forthcoming seismic regulatory change.

Federal Reserve Chairman Jerome Powell said the U.S. central bank had made great progress in its pursuit of full employment and stable prices but was on the lookout for threats to the economy amid turmoil in financial markets.

Federal Reserve Bank of Cleveland President Loretta Mester suggested Tuesday three rate hikes would be appropriate this year and next.

The Securities and Exchange Commission's spending would be beefed up and its focus on retail investors and self-regulators in the municipal market would be increased under the fiscal 2019 budget request made public Monday.

A lack of supply, price direction, and yield -- yet an abundance of uncertainty -- made for a manic Monday in the municipal market.

Three banks are providing a revolving loan fund of $40 million to two New York City programs that help minority and women-owned business enterprises.

Gov. John Bel Edwards called a special session for Feb. 19 in attempt to end a partisan stalemate that has stymied fiscal reform efforts for two years.

The commonwealth, in the face of a lawsuit and against a backdrop of budget stride, intends to proceed with its $1.4 billion sale.

Munis were being pressured by a lower-than-average new issue calendar, while a report advised investors how to deal with market volatility.

Consumers’ inflation expectations dipped, but respondents see households’ financial condition improving.

Oakland County Executive L. Brooks Patterson said he won't ask county voters to fund the system.

The municipal market is starving for supply and it will remain that way with another meager weak of issuance, while investors keep their cash on the sidelines amid ongoing equity volatility.

Puerto Rico’s economy in December was 13.3% less active than it had been in August, a report said.

Gross city product rose only 1.2% in the fourth quarter. according to the city's comptroller.