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The New York economy surged in July, with current conditions nearly reaching future expectation levels.

Filings for U.S. unemployment benefits were little changed last week, hovering close to a five-decade low.

Municipal bond buyers saw some supply hit the screens on Wednesday as demand stayed strong.

ArtCenter College of Design plans to price $100 million in combined refunding-new money sale.

Christian Sobrino Vega takes over directorship of the agency in charge of debt restructuring from Gerardo Portelo Franco,

The board has identified more than 110 out of 490 local units of government as having an underfunded pension plan or retirement health care plan — or both.

Federal Reserve officials left the benchmark interest rate unchanged while reiterating their plan to gradually lift borrowing costs to keep the economy expanding at a healthy pace.

Strong economic conditions drove municipal sales tax collection across New York to its highest first-half increase in eight years.

City officials are concerned the plan will overshadow other bond measures on the November ballot.

CFO Carole Brown says the Windy City is being shortchanged in terms of ratings and yields.

While the ruling wasn't a total victory for Wells Fargo or banker Peter Cannava, the court's decision grants them three more months of preparation in their fight against the SEC.

In the competitive arena, Maryland sold two deals totaling over $500 million on Wednesday.

The dispute centers on whether money earmarked for land acquisition can be used for overhead such as salaries and benefits, and administrative costs.

Construction spending fell by 1.1% in June, below the 0.2% gain expected.

The overall economy grew for the 111th straight time.

The Treasury Department's August quarterly refunding of $78.0 billion will raise $39.8 billion new cash.

Private-sector employment increased by 219,000 in July, on a seasonally adjusted basis, ADP estimated Wednesday.

The report card touts the MSRB's accomplishments, though that doesn't sit well with some market participants.

Puerto Rico issues rallied on a restructuring agreement for the power company, while municipal bond buyers saw some new supply head their way.

A new preliminary restructuring deal between the Puerto Rico Electric Power Authority and its creditors is a positive step for bondholders in a post Hurricane Maria world, according to analysts.