News and Information from Bond Buyer

The bipartisan legislation would increase the bank-qualified cap to $30 million from $10 million, a high priority for several muni market groups.

“Growth of 2.1% is better than expected, but highly reliant on a surge in household consumption.”

Supporters of two offshore wind projects in development off Long Island say they will spark a wave of investment to make the Empire State a leader in renewable energy development.

Charlie Baker's far-reaching package includes nearly $5.7 billion for the Massachusetts Bay Transportation Authority, which runs Greater Boston mass transit.

Two weeks of unrest have cut economic activity by 15%, and a disorderly transfer of power may disrupt the territory's historic debt restructuring.

The GOP proposal would slow down the full funding of the closed pension system, using annual savings for roads.

Connecticut on Thursday sold its first bond offering since it passed a budget last month.

Dallas-Fort Worth International Airport plans to sell the bonds in August.

Milwaukee's change in its assumed investment rate of return will eventually lead to higher contribution levels, a credit positive, Moody's says

A growing interest in broadband is drumming up support, though state laws are making it challenging for municipalities to do the deals.

The San Diego Association of Governments deal, backed by a federal capital grant, is structured to allay investor concerns about funding delays.

The refunding would be completed “for traditional savings” and not for restructuring purposes, the school district says.

Prominent muni market figures will discuss the content and timeliness of disclosure at an SEC committee meeting next week.

The minutes reveal a number of pros and cons with the approach. It would be wise to have banks only post T-Bills for excess reserves above $20B.

Durable goods orders rose as non-defense capital goods orders excluding aircraft posted their largest gain since February 2018.

The Metropolitan Transportation Authority board accepted a consultant's far-reaching transformation blueprint that leaves many questions unanswered.

The county contends that a state law dissolving the Miami-Dade County Expressway Authority violates its home rule authority.

Mickey Levy, Berenberg Capital Markets Chief Economist U.S., Americas and Asia, discusses why the Fed rate cut will not stimulate the economy, and its unhealthy relationship with the financial markets. Gary Siegel hosts.

Two rating agencies affirmed Bridgeview, Illinois, at junk after the Chicago Fire agreed to pay the village to escape its stadium lease.

The new letter increases the pressure for federal oversight as the island goes through the long process of rebuilding from the damage caused by Hurricane Maria and reorganizing its debt.