News and Information from Bond Buyer

Minnesota lawmakers return with a slight surplus in hand and a bonding bill and possible pension and tax reforms on their plate.

Judge Laura Swain says she has no authority to challenge fiscal plans.

Groups representing both dealer and non-dealer muni advisors are opposed to the MSRB's new rule and rule changes on advertising because they are too dissimilar from FINRA's rules and could be confusing.

Philadelphia Mayor Jim Kenney wants new tax revenue to help the city’s cash-strapped school district erase a massive deficit.

Lawmakers unveiled a preliminary $2.6 billion capital budget for the 2019-20 fiscal years.

Diminished Washington aid and a pending downturn require prudence, the city's comptroller said.

“We’re getting our ass kicked," the Gov. Dannel Malloy said, pitching a widening of the state's most congested highway.

New money sales made up for a drop in refundings, pushing the region past $95 billion of volume.

Federal Reserve Board Chair Jerome Powell seemed to counteract his earlier statement, which suggested the chance for four rate hikes in 2018.

Municipal bonds were trading firmer Thursday as the last of the week's big deals came to market.

HJ Sims Managing Director Puerto Rico German Ramirez de Arellano and Senior Vice President Richard Prann talk from the Commonwealth about the situation on the island, both in terms of the financial and the human costs. Chip Barnett hosts.

According to the ISM's monthly report on business, the ISM index increased to 60.8 in February from 59.1 in January.

Rick Witte, former head of public finance for Andrews Kurth Kenyon, is among those making the move from that firm.

The 29% tax exposure rate is up for a readjustment because the new tax bill slashed the corporate tax rate to 21% from 35% and also lowered individual tax rates.

Improved reserves led Moody's to raise the county one notch to A3.

Municipal bond buyers welcomed several big deals on Wednesday as demand outpaced new bond supply.

Chicago is seeking $4 billion in initial borrowing authority to launch its overhaul of the airport's terminals.

The light month for long-term municipal bond volume is another ripple effect of the new tax law and the issuance rush leading up to its enactment.

Rep. Bill Shuster says a federal gas tax hike is the only way to pay for an infrastructure bill and that Congress could vote on legislation after the November elections.

"We have to find new solutions," said Partnership for New York president Kathryn Wylde.