Investments

New York City's tentative agreement with its largest civilian workforce triggers debate over workforce expansion, savings definition, and productivity tradeoffs.

Some Puerto Rico issues were trading lower on Monday after a federal watchdog approved a revised budget for the commonwealth over the weekend.

Municipal volume isn't expected to meet growing demand in the remainder of 2018.

Oversight Board members blamed the reduction in available revenue in part on local government's failure to introduce at-will employment.

There are two proposals being negotiated but one attorney says the discussions may go nowhere.

Public finance bond attorneys Rick McConnell and Richard Wood joined the firm's Kansas City, Missouri, office from Gilmore & Bell.

The municipal market will see only $74 million of deals in a holiday-shortened week, raising demand for supply the week after.

S&P downgraded the outlook on the AA rated school and said further weakening in the school's finances could pressure the rating on $200 million of debt.

Moody's calls Minnesota's pension reforms a positive for the state and its local governments.

Municipal bond issuance reached $30 billion for the third straight month, as the market prepares for what is expected to be a slow summer.

Legislation to restructure New Jersey Transit’s board of directors may carve out a fresh path for the beleaguered system.

Ipreo estimates weekly bond volume at $73.8 million, consisting only of competitive sales and no negotiated deals.

The weekly average yield to maturity of The Bond Buyer Municipal Bond Index slipped to 3.98% from 3.99% last week.

Municipal market activity remained quiet Thursday afternoon wrapping up a week in which investors snapped up some large new issues.

The Illinois county plans a $175 million new money offering later this summer.

Texas will take its triple-A rating to the muni market with $240 million of refunding bonds for the state's water development program.

The board plans to approve a Puerto Rico budget by the end of Saturday.

The bond proceeds would help build housing in the city recovering from a wildfire that destroyed 4,600 homes.

New York paper continued to be in high demand in front of the July 1 redemption date, according to a market source.

The planned closure of the L subway line for 15 months shines a glare on New York City and transit agency officials.