Capital markets

The rating agency cautioned that rising pension costs and revenue restraints could pose challenges.

The San Francisco-based broker-dealer, which launched its trading platform in May, expanded its West Coast presence.

The administrators of the school districts say the short-term loans are needed as they put together long-term fixes.

Continued lack of a budget will mean a spending freeze and further rating agency backlash.

The system reported strong investor demand for $350 million of taxable debt earlier in the week.

The new money and refunding bonds are being sold Wednesday.

The rating agency cited warnings by Mayor Luke Bronin that Connecticut's capital could go bankrupt in 60 days.

The Cleveland-Cuyahoga County Port Authority missed a September bond payment.

Hurricane Irma is the first test in many years for the bond-funded entities created to ensure Florida residents can obtain property insurance.

Minnesota's high court ordered the negotiations to resolve a funding dispute that's entangled a small piece of debt.

Improved reserve levels helped spur the district's first upgrade in seven years, though it remains speculative grade.

Bankruptcy may be the only way for Hartford to solve its financial problems, said Connecticut's governor, Dannel Malloy.

Municipal utility districts in the Houston area were well stocked with cash before the storm hit, analysts said.

Gov. Tom Wolf has threatened a spending freeze and rating agencies have threatened more downgrades.

Do market participants really need a new version of a survey-based benchmark or an entirely different process?

A dearth of state paper bodes well for the sale, says state finance director Sandi Thompson.

Volume in the primary municipal bond market is expected to climb to a more normal level of almost $7.5 billion.

Amazon's search for a second headquarters building could be positive for Seattle and chosen city

The capital city has threatened to file bankruptcy in 60 days if it doesn't get sufficient state help.

The offering follows the resolution of legal challenges to toll rate increases.