Politics

A negative outlook for the city's AA rating by Fitch Ratings follows similar action taken by S&P Global Ratings in July.

Philadelphia, New Jersey and the 76ers could all spend billions of dollars. Opponents argue no one will be getting a good deal.

President Joe Biden's so-called billionaire tax supported by Vice President Kamala Harris, which would tax unrealized gains from assets including bonds, would raise $500 billion over 10 years, according to Sen. Elizabeth Warren, D-Mass.

The Indiana Budget Committee has approved $50 million in funding for bond financing that would bring water from an Indianapolis utility to the city of Lebanon.

California's state government typically pushes out billions of dollars of debt from August to November. This year there may be a shift in buy side sentiment.

The agencies are overstepping their statutory authority in trying to force the market to adopt a new securities identifier, says the American Bankers Association.

The passage of a $11 billion plan, which aims to fully fund police and fire pensions in 30 years, comes as the retirement system is pushing its own plan in court.

House Republicans are once again careening towards a government shutdown

The New York region's beleaguered transportation agency could need up to $92 billion for its next capital plan, said State Comptroller Thomas DiNapoli. 

The Federal Reserve's inspector general says the reserve bank CEO did not trade on confidential information or have conflicts of interest, but did violate central bank rules and policies.