Public finance

The board wants to avoid invoking its power to force spending cuts to pay for the expected annual payment to government workers.

A federal court imposed an unusually stiff financial penalty and a lifetime ban against the already-jailed Christopher St. Lawrence.

Voters appear to have rejected $8.9 billion water bond measure only five months after approving a $4 billion water bond.

Sycamore Advisors taps muni veterans Dominick Setari and Chris Valentino to help build its Northeast muni business.

Chicago is heading to market Thursday with a scaled-down version of sales tax securitization bonds.

The deal allows the authority to exit a 280-year lease and take ownership of the station, the Hudson Line and the Harlem Line.

Chicago is coming to market Thursday with its delayed sales tax securitization bonds.

The Chicago City Council approved the 2020 budget in a near unanimous vote.

The municipal bond market saw several large deals hit the screens on Wednesday, led by issuers in Michigan and South Carolina.

Riverside is the latest Illinois municipality to be downgraded because of underfunded pensions.

Municipals were mixed at mid-session as the market prepared to take on a spate of new supply.

“Asset recycling can help fix America’s serious infrastructure problems: aging, deteriorating facilities and a lack of funding for a large array of new infrastructure that would improve our quality of life," the study's author said.

With COFINA and GDB deals moving forward, the Public Buildings Authority, Aqueduct and Sewer Authority, and University of Puerto Rico may be next in line.

S&P Global Ratings downgraded Oak Lawn to BBB.

Retail giant Amazon announced separate joint second headquarters in New York City and Arlington, Virginia.

Suggestive of possible near-term growth in issuance, municipal CUSIP requests rebounded in October.

Kane County's share of Regional Transportation Authority sales taxes backs up its pledge of toll revenue for the Longmeadow Parkway bridge.

The deadly Camp Fire left Paradise, California, in ruins, raising questions about the town's future and whether it can pay its debts.

The federal government ran a $100.5 billion deficit in October.

The municipal bond industry marched at the head of the parade as the nation celebrated National Veterans Small Business Week.