Investments

S&P Global Ratings said it lowered its rating to A-minus from A on Suffolk County, N.Y.'s outstanding general obligation (GO) debt.

Mitsubishi UFJ Financial Group, Inc., announced the continued enhancement of its public finance business with the addition of Lisa Smith, formerly of Siebert, Cisneros, Shank & Co. LLC.

San Diego's mayor vetoed changes the City Council made to the budget that cut funding for two special elections.

New York’s Metropolitan Transportation Authority announced a mitigation plan for widespread summer delays expected at Penn Station.

Alaska's government is bracing for a government shutdown amid difficult budget negotiations.

Top-rated municipal bonds ended weaker on Monday even as traders anticipated demand for the week’s new issue slate.

Tallahassee, Fla., plans to price $150.3 million of energy system refunding bonds.

Only two of Illinois' nine public universities retain a Moody's investment-grade rating after new downgrades.

Transit officials are fighting President Trump’s plan to kill a $2.3 billion per year grant program.

McFarland, Calif., schools are in a conundrum.

Councilman J.Ross Lacy plans to call for a November bond election to give Midlanders what they said they want: better roads.

SANTA FE, N.M. -- It's an odd way to come up with cash.

The federal government ran an $88.4 billion deficit in May, the Treasury Department reported Monday.

Puerto Rico’s voters overwhelmingly voted on Sunday for the island to become a state in a vote the opposition chose to boycott.

New Jersey Senate President Steve Sweeney wants more state water infrastructure spending.

A new Colorado law requires charter schools to share in local school districts' mill levy overrides.

California revenues beat state budget projections in May.

The Treasury Department auctioned $20 billion of 9-year 11-month notes with a 2 3/8% coupon at a 2.195% high yield, a price of 101.594378.

Chicago’s chief financial officer says bankruptcy isn’t on the table for Chicago Public Schools.

Top-rated municipal bonds were weaker at midday as traders eagerly await the new issue slate to start rolling in.