News and Information from Bond Buyer

Milwaukee’s $10 million competitive sale of water revenue bonds Thursday will mark the city’s first publicly offered issuance under the credit since 1958 as it launches a shift to more borrowing for water projects.

The Internal Revenue Service notified the Judson Independent School District near San Antonio that the district’s $240.8 million of 2007 bonds were the subject of a routine audit.

Puerto Rico Governor Elect Ricardo Rosselló announced that Wanda Vázquez Garced will be the Secretary of Justice in his administration.

Youth hostel operators are pushing New York to lift restrictions on lodging regulations, saying the city is squandering up to $500 million in annual tourism and tax revenue.

The SEC, in a court filing on Tuesday, said former Miami budget director Michael Boudreaux's arguments against penalties the SEC wants to impose on him for securities fraud show a lack of responsibility and respect for the jury verdict that found him guilty.

New Jersey Gov. Chris Christie announced a $300 million renovation of the state capital building that his administration plans to fund through bonding.

Chicago's effort to right its fiscal path remains an uphill battle, according to expert panelists convened by the City Club of Chicago.

Long-term municipal bond volume remains poised to set an annual record.

Economic growth remained "moderate" or "modest" in most districts through mid-November, according to the Beige Book, released by the Federal Reserve on Wednesday.

Veteran municipal market strategist George Friedlander will join Court Street Group Research effective Dec. 1.

A rate hike is "appropriate" to prolong the economic expansion, Federal Reserve Bank of Cleveland President Loretta J. Mester said Wednesday.

The Financial Industry Regulatory Authority found that Merrill Lynch failed to properly supervise customers’ investments in Puerto Rico bonds and closed-end funds.

Top-shelf municipal bonds were substantially weaker on Wednesday, according to traders who saw several big deals hit the screens, led by Chicago's $1 billion O'Hare Airport deal.

Indicator Last Report Forecast Actual ADP Employment Oct.: +119,000 Nov.: +165,000 Nov.: +216,000 Personal Income Sept.: +0.4% Oct.: +0.4% Oct.: +0.6% Consumption Sept.: +0.7% Oct.: +0.5% Oct.: +0.3% Core PCE Price Indx Sept.: +0.1% Oct.: +0.1% Oct.: +0.1% Chicago PMI Oct.: 50.6 Nov.: 52.3 Nov.: 57.6 Pending Home Sales Sept.: +1.4% Oct.: +0.3% Oct.: +0.1%

A proposed new arena is closer to reality after another courtroom win on Tuesday.

Catholic Health Initiatives, one of the nation’s largest nonprofit health care providers, is in danger of a downgrade from S&P Global Ratings after analysts placed its A-minus rating on its negative watch list.

All Aboard Florida moved a step closer to financing the first phase of its private passenger train project when the U.S. Department of Transportation approved AAF’s new application for $600 million of tax-exempt private activity bonds. PAB financing for the project’s second phase remains uncertain.

New York City intends to sell $1 billion of fixed-rate general obligation bonds the week of Dec. 5.

Much like President-elect Donald Trump himself, Treasury Secretary-designate Steven Mnuchin represents something of a question mark for bankers when it comes to his agenda.

About 4,723,000 online job postings appeared on leading internet job boards in November, a decrease of 115,300 from October, the Conference Board reported Wednesday.