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Top quality municipal bonds were stronger at mid-session, traders said, as the last of the week’s big deals hit the screens.

The University of Puerto Rico will seek to reduce its debt-service costs through a consensual agreement with its creditors as the commonwealth plans to cut the school’s appropriations by $3.5 billion through 2026.

Thomas D. Zoidis, a former municipal finance professional in Philadelphia, died on July 27. He was 84.

Washington State is without a multi-billion dollar capital budget to allow debt issuance for public needs, in what the state treasurer says is a further reflection of how “new politics” is undermining the municipal market.

The value of new factory orders rose by 3% in June, right on the target expectation by analysts from an MNI survey. Nondurable goods orders fell 0.3%, but durable goods orders were revised slightly down to a still strong 6.4% rise, data released by the Commerce Department Thursday morning showed.

Municipal bond traders are set to see the last of the week’s big deals hit the screens as several large competitive deals remain on tap.

Initial claims for U.S. state unemployment benefits fell by 5,000 to 240,000 in the July 29 week, exactly as expected, following a small upward revision to the claims level in the previous week, data released by the Labor Department Thursday showed.

Sparks, Nevada’s Tourism Improvement District No. 1 on Tuesday got a ratings boost from Moody’s Investors Service, which said a default is no longer expected.

Illinois Gov. Bruce Rauner's veto of school aid legislation jeopardizes school funding and ratings, Fitch reports.

The House expects to hold committee hearings on tax reform in September.

The Puerto Rico Oversight Board announced it was planning an investigation of the island’s public sector debt.

The New York State Financial Control Board on Wednesday said that New York City’s finances are in good shape and that the city’s doesn’t need a resumption of state control.

Joan Florence Wilson, a municipal bond veteran of over 25 years, died at the University of Vermont Medical Center in Burlington on Saturday. She was 63.

The Puerto Rico Oversight Board on Friday may institute mandatory government furloughs opposed by Gov. Ricardo Rosselló.

Municipal bonds finished mixed in secondary trading Wednesday, while a big North Carolina bond deal priced Massachusetts sold several large note offerings in the primary.

Increased state aid can stabilize Indiana schools' credit for a couple of years, but benefits will ultimately be offset by higher costs, S&P says.

FBI’s Washington headquarters is literally falling apart and a new facility is needed, agency says.

After recovering from severe drought and raising rates, debt levels may rise for Texas water utilities, while their credit should remain stable, according to Fitch Ratings.

Chicago’s rising pension costs and other budgetary pressures cast a wide shadow over big gains the city has made in whittling down its structural budget.

Pontiac and Lincoln Park, two Michigan cities, gain control over their internal operations and finances.