Investments

While the latest principles for President Trump's infrastructure plan may not be released until February, several Democrats have introduced bills for competitive grant programs for infrastructure projects.

The ratings withdrawal impacts two Indiana bonds and various New York, and Virginia local government issues.

The Treasury Department auctioned $20 billion of nine-year 10-month notes with a 2 1/4% coupon at a 2.579% high yield, a price of 97.156278.

New York City would be the first major U.S. public pension to divest from fossil fuel businesses.

State lawmakers will consider restructuring the Santa Rosa Bay Bridge Authority’s defaulted bonds and taking ownership of the Garcon Point Bridge.

Morgan Stanley priced a big taxable deal and won a large note sale as yields on long-dated top-rated municipal bonds rose as much as nine basis points.

Wake County voters will likely have to wait until November, instead of May, to decide the fate of a bond for new school construction.

It only took a matter of minutes for the Ames school board to unanimously approve language for a bond referendum needed to finance building a new high school during a special meeting Monday night.

The Alexandria Community Schools Board of Trustees on Monday voted to move forward with a May 8 bond referendum by unanimously approving three resolutions.

The municipal bond primary market will be seeing several big offerings hit the screens on Wednesday — dominated by a taxable deal in the negotiated bond sector and a competitive note sale.

The full Senate could vote next week on a financing package to replace 75-year-old McCoy Stadium in Pawtucket.

ExxonMobil is citing California local governments' bond documents as it tries to turn the table on suits the communities filed against the energy giant.

S&P Global Ratings lowered its outlook on Cook County's AA-minus rating ahead of a $100 million refunding.

New Jersey’s Lottery Enterprise Contribution Act translated into better primary market bond pricing, the state treasurer says.

The latest court decision about pension modification efforts helps clear the way for the state's top court to settle the matter.

The municipal bond primary market returned to life as issuers in Massachusetts, Virginia and Minnesota offered new tax-exempts to bond-hungry investors.

Gov. Henry McMaster called the state-owned utility a "failing asset" while calling for tax cuts in his first budget proposal.

After Congress almost did away with them in the recently enacted tax legislation, tax-exempt private activity bond volume caps for states will see an increase for 2018.

The unfunded liabilities of the funds nearly doubled over the last decade.

UBS Wealth Management Americas raised its firepower in areas that escaped the chopping block under the new tax law, hiring a trio of executives with experience in stadium and public power finance.