News and Information from Bond Buyer

Moody's Investors Service upgraded Johnson City to Baa3.

Texas factory activity continued to expand modestly in December while general business activity worsened, the Federal Reserve Bank of Dallas said on Monday.

After a difficult 2018 draws to a close with the U.S. government in shutdown and municipals reeling from a tax law that lowered the value of the tax exemption and took away a key refinancing tool, here’s a list of changes we’d like to see in the coming year.

Ned Lamont will grapple with fiscal strains, a tolling controversy, struggling cities and underfunded pensions.

The Midwest Economy Index fell to 0.09 in November from 0.20 in October, the Federal Reserve Bank of Chicago said on Monday.

The municipal market got stronger once again, beefing up with the end of the year right around the corner.

S&P raised the Indiana capital's ad valorem tax-secured bonds to AA-plus.

Platte County remains at odds with holders of the $32 million Zona Rosa bond issue about its responsibility to cover debt service shortfalls.

How the Bond Buyer covered the disasters and challenges of 2018.

As the muni market continues to end the year on a strong note, market participants were wondering about what to watch out for in 2019.

The Public Pension Management and Asset Investment Review Commission says its blueprint could save the commonwealth roughly $10 billion over 30 years.

Hikes, personnel changes, yield curve and neutral rate: a look back at 2018 at the Federal Reserve.

S&P Global Ratings appointed Eden Perry as head of U.S. public finance. Robin Prunty will continue as head of analytics, research and market education.

Pending home sales dropped 0.7% to an index reading of 101.4 in November, after an unrevised 2.6% decline to 102.1 in October.

Rep. Richard Neal, D-Mass., has pledged to ask mayors, governors and other municipal market advocates to testify at hearings early in 2019.

In the week ended Dec. 27, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, fell to 4.09% from 4.13% last week.

U.S. says IRS needs more time because of the government shutdown.

The municipal market extended its December rally in light secondary trading. No new deals came to market.

Myron Frans will remain the state's top fiscal officer under Gov.-elect Tim Walz.

A Jan. 22 hearing has been set at which time a judge may order Dwayne Edwards to disgorge $766,850 plus interest and pay civil penalties.