- Washington
Pension burdens increased in fiscal 2013 for 31 of the 50 local governments with the most debt outstanding in that year, Moody's Investors Service said in a new report.
July 27 -
Standard & Poor's Ratings Services said it raised its long-term rating on Basehor, Kan.'s general obligation debt one notch, to AA from AA-minus.
July 27 -
Revenue offsets in the Senate's six-year transportation funding bill are $1 billion short of proposed general fund transfers.
July 27 - Illinois
Three years after its much ballyhooed launch by Mayor Rahm Emanuel, the Chicago Infrastructure Trust, slow to get off the ground, is getting a makeover.
July 27 -
Moody's Investors Service said it upgraded Daytona Beach, Fla.'s water and sewer revenue bonds to A1 from A2.
July 27 -
Standard & Poor's Ratings Services said it lowered its long-term rating to BBB-minus from BBB on Marysville Public Financing Authority, Calif.'s series 2011 taxable refunding certificates of participation (COPs), issued on behalf of Marysville.
July 27 -
Prices of top-rated municipal bonds were stronger at mid-session, traders said, as yields on some maturities weakened by as much as three basis points.
July 27 -
Three public pension funds have sued New Jersey in the parties latest legal joust, accusing the state of violating a contract by underfunding their plans.
July 27 -
Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were higher, as the three-months incurred a 0.050% high rate, up from 0.030% the prior week, and the six-months incurred a 0.145% high rate, up from 0.135% the week before.
July 27 -
The Treasury Department said Monday it will sell $40 billion of four-week discount bills Tuesday.
July 27 -
Indicator Last Report Forecast Actual Durable Goods May: -2.1% June: +3.0% June: +3.4% Durable Goods ex Trans May: -0.1% June: +0.5% June: +0.8%
July 27 -
Texas factory activity, as measured by the production index, "declined slightly in July," according to the monthly business activity survey conducted by the Federal Reserve Bank of Dallas, released Monday.
July 27 -
Standard & Poor's Ratings Services said it has raised its rating on Syracuse Industrial Development Agency, N.Y.'s school facility revenue bonds outstanding to AA from AA-minus.
July 27 -
In its only deal of the year, Colorado's Regional Transportation District will issue $200 million of certificates of participation to purchase buses, rail cars and other elements of its growing mass transit system.
July 27 -
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Day Indicator Last Report Forecast Monday Durable Goods May: -2.2% June: +2.1% Monday Durable Goods ex Trans May: unch June: +0.1% Tuesday Consumer Confidence June: 101.4 July: 100.6 Wednesday Pending Home Sales May: +0.9% June: n/a Thursday GDP Q1: -0.2% Q2: +2.6% Thursday Final Sales Q1: -0.6% Q2: n/a Thursday Core PCE Q1: +0.8% Q2: +1.3% Thursday Initial Claims 7/18: 255,000 7/25: n/a Thursday Continuing Claims 7/11: 2.207M 7/18: n/a Friday Employment Cost Index Q1: +0.7% Q2: +0.5% Friday Chicago PMI June: 49.4 July: 50.5 Friday Michigan Sentiment June: 96.1 July: n/a Friday Current Conditions June: 108.9 July: n/a Friday Expectations June: 87.8 July: n/a
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