News and Information from Bond Buyer

Industrial production grew 0.5% in March, the Federal Reserve reported Tuesday.

Prices received increased in April, to a level not seen in more than six years, while wage growth slowed.

Vicky Tsilas, who most recently headed branch 5 in the IRS chief counsel’s office for more than a year and a half, was involved in numerous rulemakings and guidance for municipal bonds.

Mayor Eric Garcetti painted a picture of a thriving Los Angeles yet called homelessness "the issue."

Muni market groups told the MSRB that its latest FAQs about municipal advisors need to more clearly integrate existing guidance from both the board and the SEC to avoid creating confusion.

Municipal bonds held were firm ahead of California's $2.2 billion taxable offering, which is being marketed to international investors.

The Legislature approved a $22 billion budget that includes line-item funding for the state’s broadband bonds.

A high court ruling on online sales taxes that favors the states “could gradually improve long-term revenue growth prospects,” Fitch said.

The launch of the new website came shortly after a second upgrade to investment grade.

The Seneca Nation of Indians demand a cut of toll revenue for a nearly three-mile stretch of road built on tribal land 60 years ago.

The Texas Water Development Board will give investors a shot at its triple-A revenue bonds.

Muni performance is looking good this month, as California gets set to sell $2.2 billion of taxable general obligation bonds.

The 2017 top municipal bond issuer is bringing yet another two-billion dollar deal to market, this time around however California will be selling taxable bonds. The new tax legislation leaves the Golden State few options to refinance the 2009 bonds, but the taxable route should have the way for buyers overseas.

The manager of the top-performing high-yield muni fund says rising rates, attractive valuations, and improving ratios to Treasurys present an opportunity.

The Volunteer State lowered the savings threshold it requires for a refunding.

The rating actions came after the state agreed to assume the city's GO debt.

Builders’ confidence in the market for new single-family homes remained high as the National Association of Home Builders' housing market index dipped to 69 in April from 70 in March.

Prices paid remain elevated, while the future outlook sank.

Muni issuance will pick up next year, said George Friedlander, managing partner of Court Street Research Group.

Municipal market volume will rise by two-thirds to $7.45 billion in the coming week, led by a $2 billion taxable deal from California.