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Municipal bonds on Wednesday added on to the gains made during Tuesday’s rally.

Texas service sector activity “accelerated sharply in May,” according to business executives responding to the Federal Reserve Bank of Dallas' Texas Service Sector Outlook Survey.

About 4,699,500 online job postings appeared on leading internet job boards in May, a decrease of 51,000 from April, the Conference Board reported Wednesday.

The 13-year-old Real-Time Transaction Reporting System has undergone a three-year re-engineering process.

First quarter GDP growth was revised down slightly to a 2.2% annual rate from the 2.3% pace in the advance estimate.

Private-sector employment increased by 178,000 in May, on a seasonally adjusted basis, ADP estimated Wednesday.

What's in the next Illinois budget is more important to S&P Global Ratings than whether it is passed soon.

Scott Evans, chief investment officer of New York City’s $194 billion of pension funds, will step down at the end of the fiscal year June 29.

The county is receiving only a very small cut of the revenue it projected from the video gambling terminal deal.

Municipal bond investors reacted cautiously to the rally in Treasurys as they looked for confirmation that the new yield levels are here to stay.

Intercontinental Exchange agreed to buy TMC Bonds for $685 million in cash just eight days after IHS Markit's deal to buy Ipreo.

Currently at least 33 states provide 113 different tax credits that are already federally deductible.

The outcome clearly places bondholders behind pension funds, according to Moody's Investors Service.

Moody's called the city's tax on large employers "credit positive." Fitch Ratings sees a limited impact on its economic growth.

The city of Grand Rapids is embarking on an ambitious plan to install a $20 million LED streetlight system that eventually could monitor water meters and collect data about activity on the street.

The Municipal Stability Board gave more than 100 local governments until November to come up with a plan for their underfunded retirement plans.

While volume will be under $4 billion, strong demand should continue as the muni market is sound technically and investors are flush with cash. Investors are feeling bullish.

Municipal bonds were trading stronger Tuesday, with yields falling as much as five basis points, according to the MBIS benchmark scale.

Bond lawyer Jonathan Ballan chimes in on creative bond deals, tax-law changes, mortgage financing, mass transit and his recent move to Cozen O’Connor. He also makes a heartfelt plea for municipal and political leaders to weigh in and help “stop the carnage” from the opioid crisis. Paul Burton hosts.

Texas factory activity, as measured by the production index, “rose markedly in May,” reaching a 12-year high.