News and Information from Bond Buyer

With positive news out of California and New York, strong financials continue for munis.

Debate now begins in earnest on the governor's plan to change the state constitution to allow graduated income tax rates.

The man behind the allegations of widespread VRDO fraud is Bjorn Johan Rosenberg.

The court rejected giving a full hearing less than a week after a request was made to it to do so.

Developments in Detroit's auto industry give the city an edge over other Midwest cities, according to Moody's Investors Service

The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, was unchanged from 4.04% the week before.

The ruling ends the ratepayers’ appeal, although they intend to pursue adversary cases filed in the original Chapter 9 case, attorney Calvin Grigsby said.

A hearing officer and a Circuit Court judge concluded Illinois failed to prove accusations of securities violations against Calvin Grigsby.

The Florida Development Finance Corp. said another meeting will be scheduled to finish taking public comment on financing for the passenger train project.

There are some caveats attached to this traditional axiom on time of the season.

All four industry groups that submitted comments on the proposed rule requested a continuation of the practice that allows remarketing reissuances at a premium.

If blockchain becomes a force in the muni market, it could take on some of the duties done by middlemen, thereby cutting costs for issuers.

Consumer credit increased by $17.0 billion in January to $4.035 trillion.

If the budget passes as proposed, some municipalities would default on bonds, said the president of the Alaska Municipal League.

Puerto Rico Oversight Board says it can achieve much but not all of its pension restructuring plans without the local government's assistance.

Nick Sifuentes of the Tri-State Transportation Campaign weighs the multipronged mass-transit crisis in metropolitan New York. Paul Burton and Andrew Coen host.

Moody's boost at Aa1 means lower borrowing costs, additional savings and a more diverse market for the city's bonds, according to Melanie Hartzog.

Ohio Gov. Mike DeWine is running into flack from fellow Republicans who control the legislature for his 18 cent-per-gallon proposal.

J.B. Pritzker will defend his fiscal 2020 budget and pension proposals as well as his gamble on waiting for voters to approve graduated income tax rates.

A heavy debt burden driven largely by a decade-old bond issuance led the small liberal arts school to announce that it will close.