Economy

The overall economy grew for the 111th straight time.

Home prices rose 6.4% on an annual basis in May, not seasonally adjusted, according to the S&P CoreLogic Case-Shiller U.S. National Home Price Index, released Tuesday.

S&P is the second ratings service to warn of possible downgrade because of the system's growing debt burden.

The MSRB is hurrying to release multiple rounds of guidance on its pending muni advisor advertising rule, but industry groups say the first round could use some polish.

The Bay Area city hopes to capitalize on housing demand in the Bay Area

The West Virginia Parkways Authority prices senior lien turnpike toll revenue bonds Tuesday as part of the state’s Roads to Prosperity Program.

Texas factory activity growth, as measured by the production index, suggested a “robust expansion.”

Pending home sales gained 0.9% to an index reading of 106.9 in June.

The bond will help with housing recovery in the city that lost 4,600 homes to a wildfire.

Driverless cars raise questions about how California and its cities should solve transportation infrastructure problems.

Respondents to the Federal Reserve Bank of Kansas City's monthly manufacturing survey reported strong activity and increased optimism in July.

The U.S. Territorial Relief Act of 2018 would give territories the option to terminate their debt obligations while authorizing $7.5 billion in federal funds to compensate mainland creditors who are individual investors, trade unions, pension plans, and open-end mutual funds.

The Ohio-based operator is acquiring the operations of HCR ManorCare.

State-owned Santee Cooper is battling cross claims by electric cooperatives that buy power from the agency in a suit over its shelved twin reactor project.

U.S. purchases of new homes fell in June to the slowest pace in eight months.

Rep. Bill Shuster's infrastructure discussion draft would temporarily raise federal fuels taxes for the ailing Highway Trust Fund while a newly created commission would determine how to ensure its long-term solvency.

Sen. John Kennedy, R-La., suggested he and Sen. Elizabeth Warren, D-Mass., may introduce a bill that would require MSRB to elect public members who represent consumers and are not just retired industry executives.

Banker David Schott has joined Stern Brothers' New York office.

Rudy Salo, a Nixon Peabody partner, discusses whether driverless cars will be a disruptive force in mass transit planning. Keeley Webster hosts.

Manufacturing growth in the central Atlantic region “expanded at a slower pace in July.”