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New Jersey and its municipalities may face greater fiscal pressures after the state opted to lower the assumed rate of return for pension assets.

Municipal bonds were mixed at midday as the primary was set to heat up the despite cold weather and snow in the Northeast.

The nonprofit rail company responsible for one of the largest defaults may sell bonds for an extension.

The Washington city proactively warns its affluent citizens of a growing structural imbalance.

The Treasury Department said it will auction $12 billion 29-year 10-month 2 3/4% bonds on Jan. 11.

The municipal primary heats up on Thursday as the New Jersey Economic Development Authority gets ready to come to market with $381.195 million of state lease revenue bonds.

Initial jobless claims rose to 250,000 in the week ended Dec. 30, the Labor Department said Thursday.

Private-sector employment increased by 250,000 in December, on a seasonally adjusted basis, ADP estimated Thursday.

Some municipal market participants believe Sen. Mike Crapo would be a good replacement for Sen. Orrin Hatch as chairman of the Senate Finance Committee.

New York Gov. Andrew Cuomo delivered his State of the State address amid an expanding budget deficit and $2 billion in federal cuts.

While Wall Street firms agree that municipal bond volume will drop from 2017, their estimates of how much range from 8% to 34%.

Gov. Henry McMaster said the only way to stop rate increases to pay for the failed Summer nuclear project is to sell the state-owned utility.

Illinois lawmakers return to work this month ahead of the governor's State of the State speech and budget release.

Nachman Aaron Troodler's cooperation against Christopher St. Lawrence in the Ramapo, N.Y., case spared him jail time.

Tax reform strengthened Federal Reserve officials' outlook for economic growth as they expect tax cuts to boost consumer and business spending.

The Board said "filtering" bids and offers can hurt retail investors, liquidity, and market efficiency.

The Democrat and former Hartford city treasurer said Wednesday her administration “restored integrity and public confidence in the office of state treasurer."

Municipal bonds are mixed at mid-session as the market awaits the start of this week's new issue activity.

The state issued the notes in 2009 to cover operating expenses when its rainy-day fund was depleted.

The firm added nationally recognized tax attorney Jeremy Spector to its Philadelphia office.