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Arizona’s moves toward a structurally balanced budget earn an upgrade from Standard & Poor’s to AA from AA-minus.

Corvias Campus Living privately placed $548.3 million of taxable bonds for a 65-year P3 student housing pact with the University System of Georgia.

The Securities and Exchange Commission has announced that Jessica Kane will be the new director of the SEC’s Office of Municipal Securities and that Rebecca Olsen will be deputy director.

James Skeffington, part of a group that purchased the Pawtucket Red Sox minor league baseball franchise and envisioned a new stadium in Providence, died of a heart attack. He was 73.

Prices of top-rated municipal bonds finished weaker on Wednesday, traders said, as another big wave of new issue supply hit the primary. Muni

Rep. Brian Higgins, R-N.Y. has introduced a bill that would direct the Transportation Department to establish a competitive grant program for state and local governments, as well as transit and port authorities, to help finance their infrastructure projects.

Congressional Democrats, White House may find it difficult to end short-term HTF extensions when latest one lapses.

Moody's Investors Service's defense of its Chicago downgrade to junk took center stage at a long-planned discussion of city finances hosted by the City Club of Chicago.

A measure to overhaul Cook County’s troubled pension system advanced in the Illinois legislature, but the state Supreme Court’s recent pension ruling continues to cast a pall over the county’s efforts.

Only "a few" participants expect economic data will show sufficient improvement to warrant a rate hike increase at the Federal Open Market Committee's June meeting, according to minutes of its April meeting, released Wednesday.

New York’s MTA board approves four bond counsel firms and one disclosure firm with a goal of involving more minority- and women-owned businesses.

Oklahoma will reduce spending by $74 million or 1% under a $7.1 billion budget agreement between Gov. Mary Fallin and legislative leaders.

Fitch Ratings said it downgraded Tucson, Ariz.'s $214.8 million general obligation bonds outstanding (pre-refunding) to AA-minus from AA.

Prices of top-rated municipal bonds were weaker at mid-session, traders said, as yields on some maturities rose by as much as two basis points.

The Texas Senate approved a bill already passed by the House that provides $3 billion of tuition revenue bonds for the state’s colleges and universities.

New York City intends to sell about $1.3 billion of general obligation bonds in June, officials announced.

Mayor Bill de Blasio unveils an overhaul of the New York City Housing Authority, saying the agency is mired 'in its worst financial position in more than 80 years.

Municipal credit prospects may be clouded for the next several years by underfunded pension obligations and a possible uptick in bankruptcies, according to panelists at a forum in New York.