Investments

New York's Metropolitan Transportation Authority board intends to vote on its $16.7 billion operating budget as outyear deficits and other challenges hover.

Municipal bonds closed out the week stronger ahead of a hefty new issue slate.

Newly issued Treasury securities held in stripped form decreased about $2.210 billion in November.

As the end of the year draws near, the municipal bond market will see lots of negotiated deals on next week’s new issue calendar.

Members of the Securities and Exchange Commission on Thursday addressed confusion among issuers, broker-dealers and investors regarding disclosure.

While citing “noticeable, across-the-board improvements,” state Auditor Eugene DePasquale said significant work remains for the distressed city's three pension plans.

New Jersey's second-largest city resolved a feud over the bi-state agency's properties and payment-in-lieu-of-taxes agreements.

Americans place almost $150 billion in illegal sports bets annually, according to the American Gaming Association.

The U.S. Treasury yield curve may continue to flatten irrespective of what the latest jobs report shows.

The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, fell to 4.15% from 4.21% the week before.

Judges at a hearing this week appeared sympathetic to arguments that the board's appointment was unconstitutional.

Municipal bonds rallied Thursday as yields fell as much as six basis points in spots.

The indiana Finance Authority will sell green bonds to fund loans for eligible water and wastewater projects that are verified as environmentally beneficial.

The commonwealth's rainy-day fund exceeds $2 billion for the first time in 11 years, state Treasurer Deborah Goldberg said.

Municipal bond traders returned to work on Thursday as the market took up where it left off on Tuesday — with munis and Treasuries rallying.

The scope of the court's ultimate ruling in the first of five pension-related cases on its docket remains unclear after Wednesday's oral arguments.

Tom Doe, president of Municipal Market Analytics, attributes more of the market’s performance to algorithmic bidding, new revenues — such as sport wagering — and natural hazards — such as coastal retreat. John Hallacy is host.

Legal limbo surrounds Atlantic City Mayor Frank Gilliam as he closes his first year in office.

Fitch Ratings said the BB-minus rating on Brightline’s $600 million of private activity bonds was removed because the project has changed strategic focus.

Detroit originally planned to sell $112 million of new money GOs but boosted the deal to $135 million as buyers sought the speculative-grade paper.