News and Information from Bond Buyer

State's fiscal outlook dependent on governor-elect Newsom's management style.

A planned elimination of variable-rate debt exposure and termination of outstanding swaps lifted the bi-state transportation agency's rating outlook.

Puerto Rico credit unions say that the disclosure fails to provide concrete numbers on how bonds will be restructured.

Amid a volatile equity market landscape, municipal bonds remained strong.

The state's backlog of unpaid bills could skyrocket to $23.7 billion without budget changes, said a new report from Gov. Bruce Rauner's administration.

Connecticut Municipal Electric Energy Cooperative officials allegedly used CMEEC funds for lavish trips to the Kentucky Derby and a luxury golf resort in West Virginia.

Treasurer Denise Nappier said a lottery revenue infusion and asset transfers could pump $3 billion into the Teachers' Retirement Fund.

Dave Brayshaw, a 26-year veteran with Hilltop Securities/First Southwest Co., will open a Dallas office for Masterson Advisors.

Gov.-elect Laura Kelly will enjoy rising revenues and prospects for Medicaid expansion but still faces a GOP-dominated legislature.

Municipal bonds were stronger at mid-session as the market prepares for a quiet Thanksgiving holiday week.

Chicago officials say the city will complete its $3 billion securitization program with a $600 million deal as soon as January.

Builders’ confidence in the market for new single-family homes fell as the National Association of Home Builders' housing market index dropped to 60 in November from 68 in October.

Opportunities and risks face the municipal market as baby boomers retire while millennials begin to buy houses and settle down.

Underwriters and issuers alike have complained about the nature of disclosures under current guidance to the MSRB's rule G-17.

The budget and a five-year plan hint at what County Board President Toni Preckwinkle would do if she is elected Chicago mayor.

The muni market is lined up for just two deals $100 million or larger before the holiday.

County Executive George Latimer’s first budget aims to restore fiscal health after years of operating deficits.

Amazon's decision spurred debate about public incentives to corporations, infrastructure and housing, and how it all weighs on municipal credit.

Respondents to the Federal Reserve Bank of Kansas City's monthly manufacturing survey reported faster growth in November, with prices mixed.

It's more appropriate to visualize management fees as capital that is expected to be fully recovered.