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Fitch Ratings shifted its outlook to negatibve on the city's A-minus issuer rating.

Gov. Jerry Brown unveiled budget proposals that bolster reserves and favor one-time costs.

The consensual plan for $4.2 billion of Government Development Bank bonds amounts to repayment of 55 cents on the dollar.

The municipal bond market is gearing up for the biggest volume week of the year, with issuers estimated to bring just under $10 billion of new paper.

The bonds will help complete a new hospital wing at Marin General Hospital.

The district remains deeply in speculative-grade territory even after the two-notch upgrade.

A deal struck between House and Senate leaders could lead to a vote as soon as next week on a banking bill that would classify munis as high-quality liquid assets and make them more attractive investments for banks.

The Municipal Forum of New York presented awards to three outstanding municipal market participants at a gala fundraising dinner in Manhattan on Thursday night.

Missouri's GOP-dominated legislature passed a budget, and plans a special session to consider disciplinary action against the first-term Republican governor.

State Treasurer Denise Nappier released a certification that accounts for bond projects lawmakers authorized and canceled.

The municipal bond market will see an almost $10 billion new issue calendar next week.

Rising property values prompted a new look at a tax incentive policy implemented at the turn of the 21^st century.

The University of Michigan's preliminary May consumer sentiment index reading was 98.8.

U.S. import prices rebounded by 0.3% in April following a downward revised 0.2% decline in March.

Suggesting that the Federal Open Market Committee need not raise interest rates any time soon, Federal Reserve Bank of St. Louis President James Bullard said Friday monetary policy “is likely neutral.”

Detroit's casino revenues steady but city conservative with projections.

Strong personal income tax revenues in California and Connecticut could be a harbinger for other states.

In the week ended May 10, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index dropped to 3.99% from 4.04% the previous week. The BB40 Index is based on the price of 40 long-term bonds.

The oversight powers of the Nassau Interim Finance Authority were upheld by a federal judge.

Authority officials say it's business as usual at the authority amid several probes that followed the termination of Dave Jamison.