News and Information from Bond Buyer

While the ruling wasn't a total victory for Wells Fargo or banker Peter Cannava, the court's decision grants them three more months of preparation in their fight against the SEC.

In the competitive arena, Maryland sold two deals totaling over $500 million on Wednesday.

The dispute centers on whether money earmarked for land acquisition can be used for overhead such as salaries and benefits, and administrative costs.

The overall economy grew for the 111th straight time.

Private-sector employment increased by 219,000 in July, on a seasonally adjusted basis, ADP estimated Wednesday.

The report card touts the MSRB's accomplishments, though that doesn't sit well with some market participants.

Puerto Rico issues rallied on a restructuring agreement for the power company, while municipal bond buyers saw some new supply head their way.

A new preliminary restructuring deal between the Puerto Rico Electric Power Authority and its creditors is a positive step for bondholders in a post Hurricane Maria world, according to analysts.

Indian tribe to build roads, offices and other improvements on reservation

Stephen Eide of the Manhattan Institute explores the unfunded liability problems in the state's biggest communities. Paul Burton hosts.

The U.S. Department of Agriculture is making grants and low-cost loans available for the improvement or development of rural water and wastewater infrastructure projects to comply with a congressional mandate.

For the first time this year, the municipal bond market generated more volume than it did in the same month of 2017, as July issuance edged 1.3% higher.

Though fires wreak havoc causing property damage and loss of life, the hit to local economies — and their bonds — tends to be ameliorated by state and federal funding.

Puerto Rico issues rallied after reports the island’s electric company struck a debt restructuring agreement with its bondholders.

City officials say the round of assignments for bond counsel and special disclosure counsel includes larger and smaller, minority-owned law firms.

Texas service sector activity “accelerated in July,” according to business executives.

The settlement means the court won't decide the rights of bondholders versus pension funds.

The consumer confidence index increased to 127.4 in July from a revised 127.1 last month.

The seasonally adjusted Milwaukee Report on Business increased to 61.66 in July from 60.18 in June.

Home prices rose 6.4% on an annual basis in May, not seasonally adjusted, according to the S&P CoreLogic Case-Shiller U.S. National Home Price Index, released Tuesday.