News and Information from Bond Buyer

New Jersey’s plan to slash Atlantic City’s fire department by 50 members was blocked by a superior court judge.

St. Louis’ commitment to issue debt to help pay for renovations to the hockey arena is embroiled in lawsuits and has pitted the city against its elected comptroller, Darleen Green.

Purple Line’s lengthy legal delay could stifle development of transportation P3s, ARTBA warns.

GFOA says the political subdivision rule would “add extensive and additional federal requirements.''

Fishers won't be on the hook to cover debt service payments on bonds.

Illinois has a tentative deal on a school funding overhaul that could get aid again flowing to districts.

S&P Global Ratings said it has revised its outlook on the state of New Jersey to stable from negative.

The first span of a new Tappan Zee Bridge connecting New York’s Rockland and Westchester counties is opening for traffic late Friday, four years after the $4 billion design-build project took flight.

The Greater Orlando Aviation Authority will issue subordinated bonds with a Green Evaluation by S&P.

Ben Barber at Goldman Sachs Asset Management seeks opportunities for SMA and mutual fund investors with a wide range of goals.

Top-shelf municipal bonds were weaker at mid-session, according to traders who are looking ahead to next week’s $6.87 billion new issue calendar.

The plan would toll East River bridges and charge motorists within certain parts of Manhattan, with an eye on funding transit.

Top-shelf municipal bonds were slightly weaker in early activity, according to traders, who are looking ahead to next week’s new issue slate.

Watching for the “risks of excessive optimism, leverage, and maturity transformation” can limit future financial crises, Federal Reserve Chair Janet Yellen said Friday.

Despite recent softness in economic data, especially inflation numbers, the Federal Reserve should continue to tighten monetary policy, Federal Reserve Bank of Cleveland President Loretta Mester said in a televised interview Friday.

The school board will vote amid new optimism about state funding.

Puerto Rico Gov. Ricardo Rosselló signed a negotiated debt restructuring deal for the Government Development Bank Thursday, affecting $4.1 billion in bond debt.

The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, was unchanged at 4.01% for the third consecutive week.

Puerto Rico will get at least $112 million from the federal government for road projects starting this fall.

Illinois is putting the ratings of some already strained school districts at risk, said S&P Global Ratings.