News and Information from Bond Buyer

Maine State Treasurer Terry Hayes addresses recent disputes with Maine Gov. Paul LePage over bond sales and her upcoming campaign for governor in 2018. Hosted by Andrew Coen.

New York Gov. Andrew Cuomo is calling the state legislature back into session take action on mayoral control of the New York City school system.

The Treasury Department Tuesday auctioned $40 billion of four-week bills at a 0.890% high yield, a price of 99.930778.

Laura Whittall-Scherfee will direct a California agency that finances affordable housing.

One more rate hike should remain appropriate this year, Federal Reserve Bank of Philadelphia President Patrick Harker said Tuesday, although he said he thinks it will take a little longer than he expected for inflation to hit the Fed’s 2% target.

Connecticut's governor asked lawmakers to consider a “mini-budget” should the state miss Friday's deadline.

Cities and states are embracing growth in the sharing economy by reaching agreements on collection of occupancy taxes.

Texas service sector activity “continued to reflect expansion in June albeit at a slightly slower pace,” according to business executives responding to the Federal Reserve Bank of Dallas' Texas Service Sector Outlook Survey, as the revenue index slid to 14.8 from 15.9.

Service sector activity “improved at a more moderate pace in June,” according to the Federal Reserve Bank of Richmond service-sector activity survey, released Tuesday.

Manufacturing in the central Atlantic region “improved in June,” according to the monthly business activity survey conducted by the Federal Reserve Bank of Richmond, as the manufacturing index climbed to 7 in June from 1 in May.

The consumer confidence index increased to 118.9 in June from a revised 117.6 last month, The Conference Board reported Tuesday.

Municipal bond traders are prepped for the week’s new supply to light up their screens on Tuesday, with the retail pricing of the big New York Dormitory deal on tap.

Lawyers for Medicaid recipients will ask a judge to order Illinois to pay nearly $1.1 billion more a month.

Chicago Public Schools closed on the private placement of $112 million of grant anticipation notes.

Illinois house leaders continued to negotiate on budget and policy issues with the clock ticking.

A California court handed a partial win to both sides in litigation between water providers.

Funding levels of state pension plans dropped from 77% in 2014 to 69% in 2016

The Puerto Rico legislature approved a General Fund budget without debt service, leaving it to the Oversight Board to say where money for bond payments will come from in fiscal 2018.

National Public Finance Guarantee's ability to write new business is in question after a downgrade to A, three notches below competitors Assured Guaranty and Build America Mutual, which were both affirmed at AA.

Top-rated municipal bonds finished stronger on Monday, according to traders, who were looking ahead to Tuesday, when the first of the week’s new issues head into the market.