News and Information from Bond Buyer

New lawsuits challenge Trump's plan to cut federal grants for policing and county jails, saying it would add to fiscal strains in the state.

Top-rated municipal bonds were steady at mid-session, traders said, as the last big deals of the week were heading to market.

The Treasury Department said Thursday it will auction $39 billion 92-day bills and $33 billion 182-day discount bills Monday.

The composite of the Leading Economic Index was up 0.3% in July following an unrevised 0.6% increase in June, the Conference Board reported Thursday.ted Thursday.

Municipal bond traders will see the last big deals of the week come to market on Thursday, led off by sales from issuers in Colorado and Illinois.

Industrial production was up 0.2% in July, the Federal Reserve reported Thursday.

The region's manufacturing sector expanded in August, but at a slower pace than in July, as the general business conditions index decreased to 18.9 from 19.5 in July, this month's Federal Reserve Bank of Philadelphia Report on Business indicates.

Cook County stresses lack of link between its sales tax bonds and controversial beverage tax as it readies sale.

The Oregon State Department of Transportation is preparing to sell $134 million of refunding bonds.

Municipal bonds ended mixed on Wednesday, according to traders, as the gilt-edged state of Maryland came to market with competitive sales won by Bank of America Merrill Lynch and Citigroup.

The U.S. Virgin Islands said downgrades of its debt by two rating agencies this week were based on Puerto Rico’s recent history of defaults.

The investor-owned utility said South Carolina officials will review the canceled project.

Kansas City council to decide by Aug. 24 if $1B airport P3 proposal goes before voters in November.

Key's acquisition will expand investment banking services while focusing on the health care sector.

New York City’s economy grew 3.3% in the second quarter – more than double the 1.5% growth rate seen in the same period last year, according to an analysis released on Wednesday by City Comptroller Scott Stringer.

Fitch Ratings said it has downgraded the ratings of the United States Virgin Islands and the USVI Public Finance Authority.

New Jersey’s plan to transfer lottery revenues toward pension funding fails to tackle the state's
immediate liability woes, according to Moody’s Investors Service.

Municipal bonds were weaker at midday, according to traders, as the gilt-edged state of Maryland came to market with two competitive sales won by BAML and Citi.

Attorneys dismiss complaints over valuation of amenities in $102 million bond sale as “sophistry.”

The channels to communicate with investors – things like investor websites - make it easy and cost effective even for small bond issuers to do so effectively.