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Communities hoping to create their own cities by tearing away from established municipalities may find the price tag too high following a federal judge's recent decision, political experts and residents watching the Eagle's Landing, Ga., effort say.

The University of Michigan's final October consumer sentiment index reading was 98.6, compared to the preliminary October 99.0.

Federal Reserve Bank of Minneapolis President Neel Kashkari thinks it would be wise for the Federal Open Market Committee to take a breather from rate hikes.

The U.S. economy expanded at a 3.5% pace in the third quarter as consumers opened their wallets, businesses restocked inventories and governments boosted spending.

Two Federal Reserve officials who vote on interest rates this year downplayed the effects on the economy of the rough October for U.S. stocks.

In the week ended October 25, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index fell to 4.25% from 4.28% the previous week. The BB40 Index is based on the price of 40 long-term bonds.

The $240 million deal will also contain a mix of bonds subject to the alternative minimum tax with non-AMT bonds.

Oregon Gov. Kate Brown released an earthquake preparedness plan as she battles to win re-election.

Municipals remained mixed as deals from Phoenix airport and Chicago issuers came to market.

The municipal securities market is slowly looking more like the stock market.

The pre-trade information available on alternative trading systems to broker-dealer participants would likely benefit all municipal securities investors if made more publicly available, the Municipal Securities Rulemaking Board’s chief economist said in releasing a report Thursday that is to be presented to a market structure advisory group next week.

The pace of recovery varies widely, and many local government budgets are in worse shape than before the 2008 financial crisis.

Municipals were mostly stronger at mid-session as the last of the week’s big deals came to market.

The Municipal Impact Coalition, a group of market professionals, is expanding its drive to make municipal bonds more accessible and understandable across the nation and around the globe.

Monetary policy remains accommodative and gradual rate increases are likely to be needed, Federal Reserve Vice Chair Richard Clarida said Thursday.

Analysts are more optimistic about repayment but still dubious about local government cooperation.

Respondents to the Federal Reserve Bank of Kansas City's monthly manufacturing survey reported slower growth in October, with tariffs causing supply issues.

Pending home sales climbed 0.5% to an index reading of 104.6 in September, after a revised 1.9% fall to 104.1 in August.

It's twice as nice for our listeners as The Bond Buyer packages two market podcasts into one. Reporter Christine Albano interviews Michael Pietronico, CEO of Miller Tabak Asset Management, on what's happening in munis while Chip Barnett speaks with contributing editor John Hallacy about current market trends.

The $850 million sale of special tax obligation bonds drew a record $478 million of retail orders, said state Treasurer Denise Nappier.