Investments

A state appeals court ordered Harvey, Illinois to levy a property tax to boost the nearly insolvent firefighters' fund.

The Treasury Department auctioned $28 billion of seven-year notes, with a 1 7/8% coupon and a 1.941% high yield, a price of 99.569957.

Top-quality municipal bonds were stronger at mid-session as the market is seeing the lion’s share of issuance hit the screens, led by California’s $2.5 billion general obligation bond deal and the Greater Orlando Aviation Authority’s revenue bond offering.

The Treasury Department Tuesday auctioned $25 billion of four-week bills at a 0.960% high yield, a price of 99.925333.

The legislative deal ends a stalemate that had blocked funding for K-12 schools statewide.

Adequate funding for transit is a heightened focus, says Nick Sifuentes, the new chief of the Tri-State Transportation Campaign.

Maria Doulis of the Citizens Budget Commission and Howard Cure of Evercore Wealth Management discuss New York City's finances, transportation issues and its relationship with NY State. Hosted by Paul Burton.

The municipal bond market will see the lion’s share of issuance hit the screens on Tuesday, led by California’s $2.5 billion general obligation bond deal and the Greater Orlando Aviation Authority’s revenue bond sale.

Chicago's board of education approved a budget before a state vote on aid and with city funding uncertain.

Narrowing liquidity and elevated liabilities led to the one-notch downgrade and a negative outlook.

Top-rated municipal bonds finished unchanged on Monday, according to traders, as California’s $2.5 billion general obligation bond deal was priced for retail investors.

Gavin Murrey will become the division leader of public finance/debt investment banking.

A full assessment of Hurricane Harvey's impact to municipal credits remains weeks away as Houston and southeast Texas continue battling high waters.

Kansas City officials will recommend a private partner for the $1B airport project by Aug. 31.

The Puerto Rico Oversight Board filed an adversary complaint for declaratory and injunctive relief to force cost-saving measures.

Tender rates for the Treasury Department's latest 91-day discount bills incurred a 1.020% high rate, down from 1.100% the week before.

New Jersey Gov. Chris Christie signed a bill late giving the state an alternative route to shedding Atlantic City public safety staff.

A senior citizens center was promoted prominently as part of Norman Forward in 2015, a lauded quality-of-life initiative that will fund the construction of recreation centers, sports fields, libraries and parks.

Top-rated municipal bonds were unchanged at mid-session, according to traders, as California’s $2.5 billion general obligation bond deal was priced for retail investors.

The Natchez-Adams School Board approved minutes Friday that would be part of its package to take out a $9 million bond to help fund a district wide building project.