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The law provides increased revenue-raising flexibility for storm water management.

Irresponsible practices by policymakers drove debt to $11.7 billion, according to a report refuted by a pension official.

Top-quality municipal bonds ended stronger on Thursday as more than $3 billion of transportation deals hit the market.

A 15-bill housing package includes $4 billion in bonds.

UBS Wealth Management Americas continues to fill out its re-emerging public finance practice, adding three more new-hires in Dallas, Los Angeles and New York.

The county must move to replace the lost revenue, the rating agency says.

Federal Reserve Governor Jerome Powell said emerging market economies were vulnerable to heavily-indebted corporate sectors as global interest rates rise, and singled out China as a source of particular concern.

Market groups and individuals asked the SEC to reject parts of an MSRB rule intended to improve transparency of dealers' private placements.

Moody’s downgraded $31 billion in Puerto Rico public sector bonds citing the reduced outlook for repayment.

The Treasury Department on Thursday auctioned $12 billion of 29-year 10-month bonds with a 2 3/4% coupon at a 2.870% yield, a price of 97.601366.

Top quality municipal bonds were stronger at midday as two big transportation deals hit the market.

The Treasury Department said Thursday it will auction $42 billion of 91-day bills and $36 billion of 182-day discount bills on Monday, Oct. 16.

Debt restructuring proposals for the Puerto Rico Aqueduct and Sewer Authority’s senior revenue bonds haven't included any reduction in principal.

The commonwealth will also issue GANs and commonwealth transportation fund revenue bonds in November.

The municipal bond market are seeing the last of the week’s big new issues price on Thursday -- with transportation issues leading the way.

The Connecticut Education Association seeks an injunction, calling the governor's executive-order cuts illegal.

Final demand PPI rose 0.4% in September, as expected, but excluding food and energy prices were up 0.4%, above the 0.2% gain expected due to a 0.8% jump in trade services.

Initial claims U.S. state unemployment benefits fell by 15,000 to 243,000 in the October 7 week, below the 252,000 level expected and very close to pre-hurricane levels.

The allure of promised savings persuaded most Chicago City Council members.

Moody's has downgraded Puerto Rico's general obligation bonds to Ca from Caa3, due to the protracted economic and revenue disruptions caused by Hurricane Maria.