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A lawsuit, filed by a former University of Alaska regent, hinges on whether bond plan violates state constitution limits on new debt.

State and local governments were advised Thursday to avoid imposing burdens on out-of-state e-commerce retailers that could spark a new round of litigation as they begin implementing the Supreme Court’s June 21 South Dakota v. Wayfair, Inc. ruling on sales taxes.

“Nassau County is in a fiscal crisis bordering on a fiscal emergency,” said the new Comptroller Jack Schnirman.

Monetary policy is still accommodative and gradual increases in the fed funds rate target will proceed, according to the Federal Reserve’s monetary policy report to Congress, released Friday.

Ipreo estimates weekly bond volume at $9.2 billion, consisting of $7.5 billion of negotiated deals and $1.7 billion of competitive sales.

Governor is setting up the appointment of a new executive director at a salary lower than one announced Wednesday.

The University of Michigan's preliminary July consumer sentiment index reading was 97.1.

Import prices fell by 0.4% in June, below the flat reading expected and following a 0.9% rise in May.

CPS inches up speculative grade credit ladder, which in turn helps garner Chicago a stable outlook.

During a webinar Thursday moderated by the National League of Cities, officials pointed out that the South Dakota v. Wayfair, Inc. sales tax case has been remanded by the U.S. Supreme Court back to the South Dakota Supreme Court.

Twenty-three years after hitting rock bottom, D.C. has a triple-A rating.

The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, dipped to 3.96% from 3.97% the week before.

MSU plans to issue roughly $784 million of bonds, $450 million of which will be used to cover settlement costs from the sexual abuse scandal involving Larry Nassar.

Munis finished mixed as California State, Los Angeles Airport and L.A. County Facilities Inc. hit the market.

The action follows a resignation by the PREPA executive director and pressure from the governor.

The deposit exceeds some pre-budget estimates that the fund would receive $14 million, said Gov. Tom Wolf.

Federal Reserve Chairman Jerome Powell gave an upbeat assessment of the U.S. economy.

Maine Gov. Paul LePage angered many muni market participants last month with a last-second cancellation of already-priced bonds, but is that the end of the story?

City officials say the bond will help create new and preserve existing affordable housing in response to the shortage in the San Francisco Bay Area.

The federal government ran a $74.9 billion deficit in June, the Treasury Department reported Thursday.