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Transit officials are fighting President Trump’s plan to kill a $2.3 billion per year grant program.

McFarland, Calif., schools are in a conundrum.

Councilman J.Ross Lacy plans to call for a November bond election to give Midlanders what they said they want: better roads.

SANTA FE, N.M. -- It's an odd way to come up with cash.

The federal government ran an $88.4 billion deficit in May, the Treasury Department reported Monday.

Puerto Rico’s voters overwhelmingly voted on Sunday for the island to become a state in a vote the opposition chose to boycott.

New Jersey Senate President Steve Sweeney wants more state water infrastructure spending.

A new Colorado law requires charter schools to share in local school districts' mill levy overrides.

California revenues beat state budget projections in May.

The Treasury Department auctioned $20 billion of 9-year 11-month notes with a 2 3/8% coupon at a 2.195% high yield, a price of 101.594378.

Federal Reserve officials surprised some onlookers by unveiling a rough plan for balance sheet runoff in the minutes for their May meeting. They were so on top of things, in fact, that many economists think more formal guidelines could come as early as this week.

Chicago’s chief financial officer says bankruptcy isn’t on the table for Chicago Public Schools.

S&P Global Ratings said it raised its long-term rating on the city of Los Angeles, Calif.'s outstanding general obligation bonds to AA from AA-minus.

Top-rated municipal bonds were weaker at midday as traders eagerly await the new issue slate to start rolling in.

Puerto Rico will likely need to fund government operations using sales-tax revenue claimed by warring factions of bondholders unless a legal dispute at the heart of the island’s bankruptcy is resolved by November.

The tender rate for the Treasury Department's latest 26-week discount bills was higher, as the three-months incurred a 1.100% high rate, up from 1.070% the prior week.

Even though it is quite convenient to view events in Puerto Rico through the prism of a one-off, it is true that the Commonwealth and its agencies, authorities, and localities have been and continue to be part of this municipal market that we work in and invest in every day.

Massachusetts’ downgrade by S&P Global Ratings affects $22 billion in GO debt.

The Treasury Department said Monday it will sell $35 billion of four-week discount bills Tuesday.