News and Information from Bond Buyer

Personal income rose 0.4% in June following an unrevised 0.4% increase in May, the Commerce Department reported Tuesday.

The June Midwest Economy Index slipped to 0.40 from an upwardly revised 0.58 in May.

Puerto Rico has released three key reports since July 10.

Despite recent softness, the supply demand imbalance is uplifting the market, according to a new report.

New Jersey’s shift toward giving firefighters and police officers control of their pension fund decisions may hamstring future efforts to control benefit costs, according to Moody’s Investors Service.

Thomas W. Masterson III established a key Houston muni bond firm and helped guide the region's economic boom.

S&P is the second ratings service to warn of possible downgrade because of the system's growing debt burden.

The MSRB is hurrying to release multiple rounds of guidance on its pending muni advisor advertising rule, but industry groups say the first round could use some polish.

The Bay Area city hopes to capitalize on housing demand in the Bay Area

Municipal bonds were mixed ahead of this week’s $4.4 billion calendar.

The West Virginia Parkways Authority prices senior lien turnpike toll revenue bonds Tuesday as part of the state’s Roads to Prosperity Program.

Texas factory activity growth, as measured by the production index, suggested a “robust expansion.”

San Antonio has weathered a decade of stress on the federal funding and energy fronts.

Pending home sales gained 0.9% to an index reading of 106.9 in June.

The pension funding problems reflect several decades of underpayments, said Rep. Jonathan Steinberg, who chairs a commission formed to tackle the problem.

Some big deals are heading into the municipal bond marketplace this week as sales from a convention center in Washington state and the state of Maryland will be offered to buyers still flush with cash from the June-July redemption period.

But Eduardo Bhatia, minority leader of the Puerto Rico Senate, said he welcomes the proposal for $7.5 billion in debt relief.

Weekly municipal bond volume is estimated at $4.4 billion for the upcoming week.

U.S. Virgin Islands Gov. Kenneth Mapp said the project will lead to an additional $615 million in direct revenues for the government over the next 10 fiscal years.

The rating is one level below Advocate's existing rating and two higher than Aurora's.