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The mediation, initiated six weeks ago to resolve disputes over almost $25 billion of bonds, has yet to address the core issue of legality of some of the debt, according to a bondholder familiar with the process.

With its population and economy growing, Texas recorded record revenue in the fiscal year that ended Aug. 31, Comptroller Glenn Hegar reported.

The Chicago Public Schools also came to market with a $349 million GO deal.

The multinational is selling its Alaska assets to Hilcorp Energy.

The governor declared the $2.1 billion Mobile River project "dead” after it a local planning organization voted it down.

State and local governments are providing more transit funding than they have before, offsetting some of the ridership woes.

The city of Clear Lake, Iowa, is hoping a full-service investment-banking firm will help it secure the highest credit rating.

The Federal Reserve Bank of New York sees a nearly 38% chance of recession by August 2020, up from 31.5% in the July reading.

An influential message in the locker room at Temple University's football practice facility has resonated throughout Christian Dunbar's professional life.

HFAs have been quite active in the secondary and are now originating more mortgages to retain on their balance sheets, according to Florence Zeman, associate managing director, Moody's Investors Service. Down payment assistance is a common feature of these mortgages. Spread is all important. Delinquencies have been manageable. Learn about RAD. John Hallacy hosts.

Budget pressure amid plans for capital investments drove a downgrade to a hospital affiliated with the Mount Sinai Health System.

“I think there’s enough demand for Illinois bonds," said Vikram Rai, head of Citi's municipal strategy group.

California's $2.4 billion GO deal was priced for retail investors on Wednesday.

The Council of Development Finance Agencies recommends that conduit issuers cover their costs by imposing fees.

Some say a case announced yesterday echoed one last year where traders allegedly lied to get priority in their orders for newly-issued bonds.

The FBI probe and churn in upper management may make future rate increases a tough sell, S&P analysts said.

With the markets expecting rate cuts to continue, the Federal Reserve won't commit to further action before meeting later this month.

Hurricane Dorian is menacing the U.S. East Coast with devastating flooding and winds.

Municipal utility MEAG is preparing to issue $725 million of bonds to finance a portion of its share of work at Plant Vogtle.

Thomas Muldoon should properly have placed his orders as dealer stock orders, the SEC found, but instead asked representatives to submit them as retail orders.