Investments

Puerto Rico’s general obligation bonds maturing in 2035 have lost a fifth of their value in secondary trading on concern over the economic impact of the storm.

Oyster Bay Town Supervisor Joseph Saladino proposes slashing outstanding debt by $50 million in his first budget proposal since taking over the junk-rated Long Island municipality eight months ago.

The Oklahoma Department of Transportation is scaling back on highway and bridge projects.

Bonds financing a portion of the Cavaliers Arena transformation will be sold this week.

Multifamily housing bond issuance more than doubled in 2016 to $14 billion.

Top-rated municipal bonds finished mixed on Tuesday as the Dormitory Authority of the State of New York competitively sold almost $1.7 billion of bonds in a handful of offerings.

The high court case could have undermined the sales tax refunding warrants that priced in July.

The new state budget provides funding certainty, but the universities' struggles will linger.

Top-rated municipal bonds strengthened at mid-session as the Dormitory of the State of New York competitively sold almost $1.7 billion of bonds in a handful of offerings.

The Treasury Department Tuesday auctioned $35 billion of four-week bills at a 0.980% high yield, a price of 99.923778.

Franklin Regional School District's financial adviser has recommended the board issue $9.9 million in bonds.

The municipal bond market will be watching as the Dormitory of the State of New York competitively sells $1.7 billion of bonds in five separate offerings on Tuesday.

The rating agency received confirmation from district officials about an investigation by the Santa Clara district attorney’s office.

The Tulare Local Healthcare District has both general obligation and revenue bonds outstanding.

Top-rated municipal bonds finished mixed on Monday, according to traders, who were seeing the first of the week’s new issues hit the screens.

Robert Lamb of Lamont Financial Services is a veteran of municipal turnaround efforts in Connecticut.

City officials are highlighting the improved transparency provided by the new website.

The Department of Energy approved $3.7 billion in loan guarantees for the Plant Vogtle project.

The board says it will postpone any discussion of furloughs until the next fiscal year.

The state still lacks a budget as Democratic Gov. Dannel Malloy vetoed a Republican-crafted $40.7 billion biennial spending plan. Meanwhile, capital Hartford spirals toward a possible bankruptcy. Mayor Luke Bronin says increased state aid, bondholder flexibility and labor concessions are all needed to keep the city out of Chapter 9.