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The rating agency said its new criteria only support a rating two notches higher than the state's BBB.
May 25 -
Council members questioned whether the "historic" levels of reserves in the mayor's $89.1 billion executive budget are really enough.
May 25 -
With two new casinos set to open, Atlantic City's current gambling facilities didn't keep pace with last year’s first-quarter revenue growth.
May 25 -
Federal Reserve Chairman Jerome Powell said central banks shouldn’t take their independence for granted at a time when trust in public institutions is at “historic lows,” requiring extra effort to explain both their monetary and regulatory policies.
May 25 -
Municipal bonds were stronger ahead of Friday’s early close as the market will be greeted with $3.4 billion of new issue supply next week.
May 25 -
The development of autonomous vehicles and related technology is accelerating in the Lone Star State.
May 25 -
City officials have big hopes for the coming decade, including building new defenses against Norfolk's ever-worsening flooding and redeveloping a 200-acre swath east of downtown that contains aging public housing communities.
May 25 -
The University of Michigan's final May consumer sentiment index reading was 98.0, compared to the preliminary May 98.8 and the final April 98.8, according to market sources.
May 25 -
The value of U.S. durable goods new orders fell 1.7% in April, a larger drop than the 1.2% decrease expected.
May 25 -
In the week ended May 24, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index rose to 4.02% from 4.00% the previous week. The BB40 Index is based on the price of 40 long-term bonds.
May 24 -
State lawmakers approved a 10-year transportation plan that seeks an expansion of electronic tolling.
May 24 -
Attendees at the NYC Comptroller’s MWBE University program were introduced to the Build NYC Resource Corp.'s bond program.
May 24 -
Harvey's revenue bondholders will get a piece of the city's intercepted revenues while the police fund has to wait.
May 24 -
Municipal bonds were mostly stronger in late trading on Thursday as market activity slowed ahead of Friday’s shortened trading session.
May 24 -
New York, New Jersey and Connecticut are the first states to have created charitable funds that taxpayers can contribute to in order to claim a charitable deduction in lieu of paying state and local taxes.
May 24 -
The $139 million refunding saved Alabama’s most populous county $12.35 million in debt-service costs.
May 24 -
AASHTO Executive Director Frederick G. "Bud" Wright has spent more than 42 years working in the transportation sector.
May 24 -
The private developer building the new passenger terminal in Everett, Washington, used $50 million of tax-exempt bonds.
May 24 -
The muni market officially got much of what it has spent years fighting for on Thursday, when President Trump signed the banking bill that makes tradable, investment grade municipal securities high-quality liquid assets under federal banking rules.
May 24 -
The new investor relations website launched Thursday.
May 24



























