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Without a successful appeal, Employees Retirement System bondholders won't get their bond payments during the bankruptcy.

Data were mixed from Commerce Department reports on personal income and spending and the University of Michigan's indexes.

Municipal bond issuance for the year so far is within a percentage point of volume in the first half of 2018.

Investor confusion about Harvey, Illinois, and a local library district contributed to a municipal advisor and broker-dealer facing Securities and Exchange Commission charges in a bond offering gone wrong.

The Port Authority of New York and New Jersey is trying to prepare for increased ridership on its rail transit system with more than $1 billion of investment.

The city expects to save about $22 million in fiscal year 2020 from terminating the programs, Mayor Lori Lightfoot said on Thursday.

The Detroit Water and Sewerage Department is promising a five-year, $500 million capital program to upgrade water and sewer pipes.

Municipal bond buyers saw the last of the week’s new issues come to market on Thursday.

It’s too early to know whether policymakers should cut interest rates, San Francisco Fed President Mary Daly said.

S&P Global Ratings cut its rating to A from A-plus, and maintained a negative outlook on the South Carolina Public Service Authority.

XBRL recently released its second draft of a CAFR reporting taxonomy incorporating feedback from groups such as the National Association of State Auditors, Comptrollers and Treasurers.

The U.S. economy is expanding even as some data hint at possible future weaknesses.

As Stephen Heaney retires from Stifel Financial, Betsy Kiehn is stepping up to a new capital markets position at the firm.

Charles Gasparino of FOX Business Network talks with Chip Barnett about the role municipal bonds play in the U.S. and how the market has changed over the years. He gives a look back at New York City's finances as well as the best ways to approach infrastructure spending across the country.

The board approved a request to increase 2019 authorization for new-money bonds and bond anticipation notes to a $5 billion maximum from $3 billion.

As Sunday's fiscal deadline approaches the legislature is hammering out a budget that's $500 million bigger than the Oversight Board's plan.

Buyers of short-term municipal paper were treated to over $1.5 billion of notes from a big California issuer on Wednesday.

If an issuer represents the validity of its bonds to investors at the time of issuance, it is barred from later denying repayment on a claim of invalidity.

The Port Authority of New York and New Jersey is proposing higher user fees to fuel a larger capital budget.

If data remain mixed before the next FOMC meeting, Federal Reserve Bank of San Francisco President Mary C. Daly said a rate cut would be “something to think about.”