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Government

Municipal funds reported outflows for the second week in a row after six-straight weeks of inflows.

New York State is home to a disproportionate share of the nation's speculative-rated colleges and universities.

An arm of New Jersey's legislature says revenues will be $526 million short of Gov. Chris Christie's estimates this fiscal year and next.

Harrisburg Mayor Eric Papenfuse called for the ouster of Gene Veno as chief recovery officer for the school district in Pennsylvania’s capital.

For the 16th consecutive year, Hartsfield-Jackson Atlanta International Airport retained its title as world's busiest airport in 2013.

The Senate Finance Committee Thursday passed a bill that extends a number of expired and expiring tax provisions, including some related to bonds, state and local governments, and Puerto Rico.

Twenty-two U.S. senators are urging Securities and Exchange Commission Chairman Mary Jo White to make sure municipal money market funds are exempted from proposed reforms, warning they will hurt state and local governments.

Chicago is readying up to $1 billion of water and sewer revenue bonds to fund work on its aging systems that’s been accelerated with a funding boost from steep rate increases.

Bills to make it harder for the Miami-Dade Expressway Authority to raise tolls are pending in the Florida Legislature, and are raising concern about bond funding for future projects.

Rep. Paul Ryan's proposed fiscal 2015 budget "takes a bipartisan jackhammer" to transportation funding, said Rep. Nick Rahall, the top Democrat on the House Transportation & Infrastructure Committee.

Standard & Poor's Ratings Services said it raised its rating on Roxbury Township Board of Education, N.J.'s general obligation bonds one notch to AA from AA-minus.

Trading slowed on Thursday as market participants prepared for Friday's employment situation report.

Detroit's revised debt plan, which proposes even lower recoveries for bondholders, is a harsh reminder that even bonds with strong security pledges will suffer when economic conditions are too bad, Moody's Investors Service said in a comment titled "Detroit Turns the Screw."

Mesa's plan to build a 1.9-mile light-rail extension using $200 million of revenue bonds does not require a public vote, a Maricopa County Superior Court judge ruled on April 1.

New York City Comptroller Scott Stringer moved to standardize oversight of information technology contracts.

Moody's Investors Service upgraded the California Housing Finance Agency's revenue bonds to two notches A1 from A3 ahead of its $38 million bond sale.

California's state controller John Chiang announced a website that will track the funds collected under Proposition 30, the measure that increased the state's income tax and sales tax.

A Rhode Island think tank, targeting items from community service legislative grants to the state arts council, called for $225 million of cuts from the state budget.