News and Information from Bond Buyer

A Volcker Alliance study suggests that while California is reasonably prepared to withstand any future recession, it will still struggle in a downturn.

Transportation Secretary Elaine Chao confirmed a report that President Trump lobbied House Speaker Paul Ryan against putting any funding for the project in an omnibus spending bill.

280 CapMarkets' new hires strengthen its municipal sales team and expand into corporate bonds

When and if the state actually funds its pension system on an actuarial basis is the key question for New Jersey, analysts said.

California came roaring into the market on Tuesday, beating out the storm to appeal to both retail and institutional investors.

Rosselló doesn't mention Puerto Rico's debt in annual state of the commonwealth speech.

The Trump administration and a bipartisan group of four senators weigh in on the states' ability to collect online sales taxes in friend-of-the-court briefs filed with the Supreme Court.

Newly issued Treasury securities held in stripped form increased about $2.944 billion in February to a total of $267.178 billion.

The transaction will mark the university’s first new-money series for this credit in 16 years.

Enrollment pressures are manageable while pension costs should stabilize long-term, Fitch Ratings said.

Opposition from one of O'Hare's hub carriers remains a sticking point for the pricey terminal revamp.

Michigan's cumbersome process to enact local option taxes still offers cities a revenue option, a report says.

Retail investors get first crack at California's general obligation bonds priced on Tuesday.

The Senate gave final approval to a ballot measure for a constitutional amendment to require a two-thirds vote of both chambers to raise taxes.

Howard Cure of Evercore and Maria Doulis of the Citizens Budget Commission parse the $88.7 billion preliminary budget, the Washington and Albany effects and problem units Health + Hospitals and NYCHA. Paul Burton hosts.

Guam’s long- and short-term debt was placed on negative credit watch by S&P Global Ratings.

After a typically quiet Monday for municipals, market participants are eagerly awaiting the commencement of this week's new issue slate, which is led by California's $2.1 billion offering.

The bond insurers say the plan to create a wider Public Service Commission would lead to oversight by inexperienced political appointees.

Philadelphia Mayor Jim Kenney’s budget accounts for lower beverage tax projections by borrowing less for planned infrastructure projects.

Analysts have noticed a definite hesitance of issuers to talk to them one-on-one and blame the MSRB's market advisory warning issuers against revealing material information to select investors.