Investments

The Hudson River rail tunnel project is the first phase of the $24 billion Gateway Program.

Material financial problems, including federal sanctions, led Moody's to lower the rating to B1.

Top-shelf municipal bonds were unchanged at mid-session, according to traders who are looking ahead to next week’s new issue slate, which is estimated at $6.7 billion.

A mix of debt restructuring and labor concessions could keep Connecticut's capital out of bankruptcy court.

The $1.50-per-pack fee was key to balancing the state's budget

Municipal bond traders are looking ahead to the weekend — and waiting for next week’s lighter new issue slate.

The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices fell one basis point to 4.01% from the previous week's 4.02%.

The Texas cities are preparing to ask for about $2.5 billion of bonds in November.

Top-rated municipal bonds ended stronger on Thursday, traders said, as the last of the week’s larger sales hit the screens.

About $7.7 billion of debt is at stake as South Carolina's governor talks with investor-owned utilities about selling the public power agency.

New money and refunding GO deals are in the cards.

The borrowing will pay for settlements with six casino properties.

The Puerto Rico Title III judge signaled she may reject a motion that would open the door to bondholders taking over the Puerto Rico Electric Power Authority.

Toll lane partner Transurban will contribute $15 million per year to local transportation projects.

The federal government ran a $42.9 billion deficit in July, the Treasury Department reported Thursday.

Eugene DePasquale urged the system to pay Wall Street less and better educate its board members.

The Treasury Department Thursday auctioned $15 billion of 30-year bonds with a 2 3/4% coupon at a 2.818% high yield, a price of 98.629206.

Gilbert, Ariz., put the kibosh on subsidizing a Cactus League site for the Milwaukee team.

A special election will decide if Ardmore City Schools will be able to make needed upgrades to its schools, buy new buses to replace outdated ones and build a new district performing arts center.

Ronnie Lowenstein, director of the watchdog New York City Independent Budget Office, examines the city's economy, its budget and its variables. Hosted by Paul Burton and Chip Barnett.