Economy

The Los Angeles airport enterprise received a Moody's ratings boost ahead of plans to price $650 million in subordinate revenue bonds.

U.S. purchases of new homes fell more than estimated in September to the weakest pace since December 2016.

Moody's Investors Service said Palmetto Health's integration with Greenville Health may result in a rating upgrade for Palmetto and a downgrade for Greenville.

Manufacturing growth in the central Atlantic region “expanded moderately in October,” while prices accelerated.

Clients have filed hundreds of similar claims against UBS since 2013, with aggregate damages of $2.6 billion.

Next month Maine voters will be asked to borrow $106 million for the state's transportation infrastructure, adding to hundreds of millions of dollars in debt the state has taken on in recent years to prop up its underfunded highway budget.

Voters in one of the nation's fastest-growing counties will decide on a $750 million bond measure for roads as one of its school districts seeks $690 million.

What began as trouble in the housing and mortgage markets shook the whole world in 2008, including a municipal bond industry that had to learn to live without bond insurance, auction-rate debt and some big investment banks.

Fitch Ratings said it won't lower its ratings because of JEA's litigation attempting to shed a power purchase agreement with Georgia's MEAG.

Proposition 4 would authorize $1.5 billion in state GO bonds for 13 childrens' hospitals around the state, eight of them private nonprofits.

Manufacturers report expansion at a slightly slower rate in October, and the Federal Reserve Bank of Philadelphia Report on Business respondents reported price indexes were “lower than their readings for most of this year.”

U.S. new-home construction fell in September on a decline in the South that may reflect disruptions from Hurricane Florence.

New York City Comptroller Scott Stringer said the Metropolitan Transportation Authority should cut commuter-rail fares within the boroughs to the cost of a subway MetroCard.

Builders’ confidence in the market for new single-family homes climbed in October.

Technology problems with the nation's first commuter rail P3 threaten to unravel the partnership and junk the bonds issued for the project.

Selling prices remained elevated, while business activity expanded at a faster pace in October.

Moody's Investors Service said Jacksonville's litigation to repudiate a power contract raises questions about its willingness to make good on obligations.

Added debt drove one-notch downgrade but long-term benefits seen.

Agencies across the country said the case filed by a Florida utility could expose them to "unprecedented" federal oversight of public power contracts.

Recently announced streamlining and rumored budget cuts and layoffs at SIFMA are causing market participants to worry about its commitment to municipal securities.