News and Information from Bond Buyer

A Lackawanna County court has scheduled another hearing for Monday on a challenge to Scranton's ability to collect certain local taxes.

It will be the organization's first annual conference outside of Chicago.

Gradual rate hikes are likely to remain necessary, and the normalization of the Federal Reserve’s balance sheet should not cause a “sudden or sizable increase in long-term yields,” Federal Reserve Bank of Cleveland President Loretta Mester said Thursday.

Top-rated municipal bonds were stronger at mid-session, traders said, as the week’s largest deal came to market — the New Jersey Economic Development Authority’s $554 million sale.

The Treasury Department said Thursday it will auction $39 billion 91-day bills and $33 billion 182-day discount bills Monday.

The Democratic mayoral candidates debated the city's resilience level as more hurricane activity looms.

The storms force us to consider the value of public assets in everyday life, the prospects for rebuilding with municipal financing, and the effects on credit quality.

The MSRB is now providing market-wide data on the most active securities and issuers.

Municipal bond traders are set to see the week’s largest deal come to market on Thursday — the New Jersey Economic Development Authority’s $595 million offering.

A U.S. district court on Tuesday rejected that bond insurer Ambac Financial was liable for allegedly overly optimistic and misleading statements it had made about its insured Puerto Rico bonds.

Assured Guaranty Municipal Corp., a subsidiary of Assured Guaranty Ltd., and Wasmer, Schroeder & Company announced the closing of AGM's acquisition of a minority interest in WSC on Wednesday.

Top-quality municipal bonds ended mixed on Wednesday as the big Honolulu and Pennsylvania sales hit the screens.

The special session on Sept. 25 will be asked to resolve funding problems in the wake of the state Supreme Court's rejection of a "smoking cessation fee."

The transportation package limits bonding to $400 million.

They say a report shows state could shave billions off interest costs if it borrows to pay down the state's unpaid bill backlog.

S&P Global Ratings cited improved employment and demographic indicators, and projected growth in reserve levels.

The U.S. Department of Transportation is taking applications for $500 million of grant funding.

Hawaii's governor signed a bill raising taxes to complete the Honolulu elevated rail project

He found that the community development districts failed to properly apportion homeowners' special assessments.

Top-quality municipal bonds were stronger at midday as buyers look ahead to the big Honolulu sale set to hit the screens on Wednesday.