News and Information from Bond Buyer

Municipal bond traders are waiting for the last of the large deals to price on Thursday as the second busiest week of the year heads to a close.

Joseph Lhota will return to New York’s Metropolitan Transportation Authority as its board chairman.

Seven people, including two former Puerto Rico government officials, were indicted Wednesday in two related corruption cases affecting more than $10 million.

A budget feud between Minnesota Gov. Mark Dayton and the legislature's GOP majority doesn't pose an imminent threat to the state's high-grade ratings, said Fitch Ratings and Moody's Investors Service.

The long-awaited American Dream bond deal for the megamall project in the New Jersey Meadowlands came to market on Wednesday. Municipas finished unchanged, according to traders.

Unhappy with West Virginia's budget, Gov. Jim Justice said he will allow it to become law without signing it.

A group of Puerto Rico bondholders accused the Oversight Board and governor of minimizing the commonwealth's health in a proposed budget that is too generous to non-debt holders.

Long-awaited American Dream bonds priced Wednesday morning paving the way for completion of a New Jersey megamall 15 years after the project was conceived.

San Bernardino is working to put bankruptcy in the rear-view mirror as it executes the plan of adjustment.

The Prarie State faces the possible loss of at least one of its investment grade ratings if it doesn't resolve its budget crisis.

BOKF is trying to persuade a judge to dismiss a muni complaint the bank says lacks a legal basis.

Ronnie Hakim cites the need for crisis-management improvement

The long-awaited bond deal for the American Dream mall project in New Jersey came to market on Wednesday and the New York City Transitional Finance Authority’s offering was priced for institutional investors. In secondary activity, municipal bonds were unchanged at mid-session.

Even with a new legal challenge pending, Jefferson County plans to price refunding warrants in July.

Existing home sales gained 1.1% to a seasonally adjusted 5.62 million-unit rate in May from a revised 2.5% decline to a 5.56 million sales pace the previous month, the National Association of Realtors announced Wednesday.

Municipal bond traders are girding for more volume on Wednesday, with the institutional pricing of the New York City Transitional Finance Authority deal leading the pack.

Detroit approved $34.5 million in borrowing to finance the Detroit Pistons' move back to the city.

New York City’s actual pension liability stands at $142 billion according to the Manhattan Institute.

Gov. Andrew Cuomo advanced legislation to give New York State majority control of the Metropolitan Transportation Authority.

Texas lawmakers did well on transportation spending but less so on Medicaid funding, according to S&P.