Southwest

Oklahoma’s continuing downturn in revenue has exceeded the slump that followed the global financial crisis of 2008, state Treasurer Ken Miller said.

After ending the 2016 fiscal year with a surplus, Arkansas began the new fiscal year with revenues running 1.7% below projections, officials said.

With energy in the doldrums, Texas saw its sales tax revenue fall 1.5% in July compared to the same month last year, said state Comptroller Glenn Hegar.

Kansas started its fiscal year $12.8 million below the revenue forecast for July, continuing a trend that factored into a credit downgrade from Standard & Poor's.

The University of Texas System will bring its triple-A credit to two bond deals worth a combined $609 million.

In the largest deal from Colorado this year, the Denver suburb of Aurora saved 12.9% on a $437 million refunding, official said.

Kansas absorbed a downgrade when S&P Global Ratings dropped the state’s issuer credit rating one notch to AA-minus.

BOK Financial is changing the name of its broker-dealer to BOK Financial. The firm was known for 25 years as BOSC, Inc.

Uncertainty over the future of the North American Free Trade Agreement has not stopped Texas from continuing to invest in freight routes across the Rio Grande.

A federal appeals court ruling that allows Fort Worth, Texas, to reduce pension benefits is a positive credit factor for the city and others seeking to adjust to growing obligations, according to Moody's Investors Service.