Investments

Municipals were stronger on the short- and intermediate ends as long maturities held firm in quiet trading on Wednesday.

The National League of Cities is focused on college towns as part of its effort to persuade the Senate to provide $500 billion to local governments.

The Detroit City Council agreed to put Mayor Mike Duggan's revised $250 milliot bond proposal on the November ballot after nixing his original plan last year.

South Carolina-owned Santee Cooper must pay $200 million to ratepayers and impose a four-year rate freeze to end a suit over a failed nuclear reactor project.

The commission approved the borrowing amid projections of a $153 million budget shortfall for fiscal 2020 due to COVID-19.

“I absolutely do intend on refilling my complaint,” Andrew Hennigan told The Bond Buyer.

King Co., Wash., Port of Houston and San Antonio deals went up for grabs Tuesday.

UMB plans to focus on higher education with its initial thrust into advisory services.

Fitch downgraded the Ohio-based system to BBB-minus, leaving its rating at the lowest investment grade, matching ProMedica's Moody's rating.

Te legislation, headed for Gov. Tom Wolf's desk, is a response to a court ruling that Scranton exceeded limits under state law from 2015 to 2017.

Howard Cure of Evercore Wealth Management and Maria Doulis of the Citizens Budget Commission examine variables related to the city's FY21 spending plan amid the coronavirus pandemic, a deep recession and civil unrest. Paul Burton hosts.

Casino tax legislation is “credit positive” for the city, Moody's said; Fitch downgraded ratings for Chicago water, sewer and school district revenue bonds.

Fewer fliers due to the coronavirus pandemic sparked a second downgrade to Port Authority of New York and New Jersey-issued bonds sold for Kennedy Airport.

The United States Bureau of Labor Statistics' household and employer surveys tell different tales about the depth of Puerto Rico's downturn.

Municipals stronger ahead of this week's summer supply slate as Congress debates a potential fiscal stimulus package.

Nassau County Executive Laura Curran's plan to offset a coronavirus-related deficit faces stiff opposition from the Republican-controlled legislature.

The study provides the first rigorous quantitative evidence supporting the widely held belief that the municipal bond industry benefits from the classification.

VRDO reset rates in California consistently were too high to be justified, a new filing contends.

Ports went into the pandemic with strong revenue models, though they say they need help to ensure they make good on their debts.

The $3.7 billion measure would do more than just fix and replace schools. It could remedy an historic injustice, officials say.