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Tom Wolf's full plate includes a projected $1.7 billion deficit, with the state having already used one-time revenue measures such as tobacco and gambling.

Fires haven't sparked a secondary-market sell-off, as investors "are either unconcerned or don't fully understand" the extent of the damage.

Even as stocks turned higher on Wednesday, municipal bonds remained stronger before the Thanksgiving holiday.

Moody's Investors Service now assigns a positive outlook to its A1 rating for the private Pennsylvania university.

The University of Michigan's final November consumer sentiment index reading was 97.5, compared to the preliminary November 98.3.

Existing home sales were up 1.4% to a seasonally adjusted 5.22 million-unit rate in October from an unrevised 3.4% decline to a 5.15 million sales pace the previous month.

The composite of the Leading Economic Index was up 0.1% in October following an upwardly revised 0.6% gain in September.

Orders placed with U.S. factories for business equipment were weak in October for a third straight month.

Filings for U.S. unemployment benefits rose last week to the highest level since late June.

Federal Reserve Bank of Minneapolis President Neel Kashkari said further tightening could trigger a recession.

As stocks continued to plunge, municipal bonds remained stronger along with Treasurys.

One Puerto Rico Oversight Board member said that approving the COFINA deal was the board's safest choice.

The risk that the Federal Reserve could soon hit the pause button on interest-rate hikes means the great flattening of the yield curve is almost over.

Once a high-profile story of fiscal mismanagement, D.C. is now providing an example other large cities are exploring for themselves.

Chicago expects to add more than $9 billion in O'Hare debt in the coming years to upgrade the airport's terminals.

The three previous PAFRs won financial reporting awards from the Government Finance Officers Association.

Municipal bonds continued to show strength along with Treasuries as equity prices continued their downward spiral.

The U.S. labor market doesn’t have much more room to tighten, according to a study from the Federal Reserve Bank of San Francisco

Mike Barlow and Cornelia Levy-Bencheton, authors of Smart Cities, Smart Future, discuss the impact of this global movement of technology and innovation for municipalities, on infrastructure and P3s and for municipal green bonds. Chip Barnett hosts.

U.S. new-home construction picked up in October on a rebound in apartments and other multifamily housing.