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The University of Michigan's July consumer sentiment index reading was 97.9, compared to the preliminary July 97.1.

The bond will help with housing recovery in the city that lost 4,600 homes to a wildfire.

Consumer spending propelled U.S. economic growth to a 4.1% pace in the second quarter, the fastest since 2014.

Bank director Sarah Riordan said the alleged misconduct did not involve any bond funds.

Vicki Fuller is retiring after six years as the state pension fund’s chief investment officer.

The resource document the MSRB released Thursday is designed to help dealers comply with rule changes on markup disclosures to retail investors that took effect on May 14.

The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, rose to 3.99% from 3.97% the week before.

Tax Reform 2.0 would make permanent the lower individual tax rates in last year’s Tax Cuts and Jobs Act that are scheduled to expire in 2025.

New revenue sources for operating and capital budgets are necessary for the transit authority to cover a widening outyear gap, CFO Robert Foran said.

Sporadic trading and price firmness drove the municipal market on Thursday.

The Fifth District Court of Appeals in New Orleans has yet to decide if oral arguments will be held in the suit brought by Calvin Grigsby.

The school district's borrowing plans got a boost Thursday from S&P Global Ratings, which upgraded it to B-plus from B.

Driverless cars raise questions about how California and its cities should solve transportation infrastructure problems.

Price stability was outweighing trading activity and volume on Thursday morning in the municipal market.

The black box gang has always mistaken complexity for sophistication in the realm of financial modeling.

Respondents to the Federal Reserve Bank of Kansas City's monthly manufacturing survey reported strong activity and increased optimism in July.

The New York State Financial Control Board went into "sunset mode" for a 32nd straight year.

The fund returned 8.03% in FY18, ahead of its 7% annual target and ahead of its own benchmark, which returned 7.59%.

S&P Global Ratings lowered the Connecticut city to BBB-plus from A-minus, and Fitch Ratings dropped the city to BBB from A-minus.

Luke Tilley, chief economist at Wilmington Trust, discusses monetary policy and how a yield curve inversion could limit Fed rate hikes. Gary Siegel hosts.