Capital markets

Mayor Luke Bronin told Gov. Dannel Malloy and lawmakers that Chapter 9 for Connecticut's capital is inevitable if the state cannot pass a budget.

Gov. Bruce Rauner says he will act to authorize $6 billion of borrowing to knock out overdue bills.

Fitch Ratings said the increased costs to complete reactors at Plant Vogtle drove the downgrades.

It will be the organization's first annual conference outside of Chicago.

A U.S. district court on Tuesday rejected that bond insurer Ambac Financial was liable for allegedly overly optimistic and misleading statements it had made about its insured Puerto Rico bonds.

Assured Guaranty Municipal Corp., a subsidiary of Assured Guaranty Ltd., and Wasmer, Schroeder & Company announced the closing of AGM's acquisition of a minority interest in WSC on Wednesday.

S&P Global Ratings cited improved employment and demographic indicators, and projected growth in reserve levels.

UBS Wealth Management Americas started to fill openings in its newly revived public finance business, with 19 employees joining the firm.

Moody's Investors Service says firmed-up state and city funding has stabilized the district's finances, for now.

Zucker previously oversaw debt issuance at the New York State Homes and Community Renewal’s Office of Finance and Development.

Investor-owned utilities are recovering quickly from the storm, the rating agency said.

Opponents withdrew petitions for a threatened referendum that had stalled plans to issue bonds for the Quicken Loans Arena rehab.

Kevin Lembo says rating agencies are poised to hammer the state and its cities again.

Advantages in price, execution, transparency, and liquidity run up against the market's reluctance to change.

Consolidation and technology are among the changes navigated by the Baggotts of Executive Search Placements.

Volume in the primary municipal bond market is expected to decline to fewer than $4 billion of bonds issued, a typical slowdown following a holiday weekend.

The signing of Illinois Senate Bill 1947 alleviates the uncertainty for schools created by the multiyear state budget stalemate and recent veto, Standard & Poor’s said.

The UT system will offer investors a choice of taxable or tax-exempt debt as it prices $600 million of bonds.

Municipalities object to a report by Gov. Dannel Malloy's budget office that defends the level of state aid.

Volume shrank from August 2016, when the market was on a record-breaking run.