Public finance

Morgan Stanley won the auction for both tranches of $261 million of debt.

The U.S. current account deficit widened to $124.1 billion in the first quarter from a revised $116.1 billion gap in the previous quarter.

The sales tax increase will bring in an extra $30 million to cover a projected $28 million budget shortfall.

The nation's second-most-populous county faces “difficult choices," board President Toni Preckwinkle said.

Municipal bonds were ending stronger on Tuesday as several large, high-grade deals led by Georgia and Denver swept into the market.

Mayor Tim Kabat Monday has vetoed the concept for the $49.2 million La Crosse Center expansion.

Higher contributions and benefit cuts will reduce Minnesota's unfunded pension liabilities.

The authority, one of the largest municipal issuers, will substitute a Bank of Tokyo-Mitsubishi letter of credit with State Street.

Municipal bonds were stronger on Tuesday as several large deals swept into the market.

Without a centralized review, a series of fragmented studies could well create a quagmire for the bankruptcy court.

U.S. Conference of Mayors President Stephen Benjamin talks about the ways to get Congress to bring back advance refundings for municipal bond issuers. The mayor of Columbia, S.C., also discusses a Smart Cities agenda that’s focused on growing cities through improved infrastructure. John Hallacy is host.

The territorial government's resistance to the labor law may prompt Oversight Board to approve its own version of the budget due this month.

Municipal bonds held firm on Monday ahead of the week’s two biggest deals on opposite ends of the credit spectrum.

Georgia used an internet presentation and an investor platform to highlight its credit strengths before its annual general obligation bond sale.

The New York governor announced a $150 billion infrastructure plan for the next five years.

A bill now in committee would sell distressed federal assets to fund projects in distressed communities and pay down the deficit.

The largest school bond measure in Lane County, Ore., history soon might reach the ballot.

Municipals were mostly stronger at mid-session, as the market waits for the start of the week’s moderately sized new issue calendar.

Denver will combine a current refunding with the first sale of new bonds approved by voters last November.

State officials intend to come to market with $225 million of Commonwealth Transportation Fund revenue bonds.