Public finance

As Pennsylvania gets set to sell $1.39 billion of tobacco bonds next week, Invesco released a report on the sector that offers several reasons why investors should be holding tobacco bonds.

Chicago’s Sales Tax Securitization Corp. bonds cleared the market after a one-week delay.

The American Trucking Association touts its Build America Fund as a much better solution to financing infrastructure than tolls or public-private partnerships.

Wednesday's sales of Chicago's Sales Tax Securitization Corp. taxables and Connecticut’s special tax obligation bonds underscored the increasing prevalence of special obligation offerings.

First Deputy Mayor Dean Fuleihan put the price tag at $425 million over four years.

Gov. Rick Snyder delivered his eighth and final State of the State speech.

The deaths of people who ignored railroad crossing warning lights and barriers triggered new calls for state and federal regulators to strengthen railroad safety laws.

Puerto Rico is arranging a loan to avoid blackout.

The White House hasn’t endorsed a gas-tax increase, but it also hasn’t ruled it out.

Technology has changed the muni market, but a complete restructuring of how bonds come to market is expected by analysts.

In its first year of local control, Ontario International Airport saw passenger traffic climb 7% over the prior year.

The latest continuing resolution leaves state and cities with no clarity on federal budget variables that may affect their own spending plans. And the debt ceiling looms larger.

It only took a few seconds for members of the Pauls Valley Board of Education to give their official blessing earlier this week to setting a spring date for the next local school bond election.

Municipal and Treasury bonds weakened as stocks surged to record highs in early trading.

Gov. Charlie Baker's group will examine changes in technology, climate and demographics.

City officials intend to fight language that they say would put the city on the hook for emergency repairs by the state-run MTA.

The Sales Tax Securitization Corp.’s second offering faced a tougher market environment.

Gov. Ricardo Rosselló's plan to find private investors for Puerto Rico's power utility faces opposition from local leaders and may prove to be a tough sell to potential investors.

Several market participants said it’s hard to take such a proposal seriously.

The state will still review proposed and amended budgets, requests to issue debt and proposed collective bargaining agreements.