Public finance

California city officials say the rising share of their budgets demanded to fund pensions reduces their ability to provide services and raises the specter of insolvency.

The municipal market is winding up the week’s primary dealings with a negotiated sale from DASNY as traders eye Puerto Rico bonds.

Uncertainties remain around the state’s water supply, according to a report from the California Department of Water Resources.

The authority is selling state revolving fund debt.

The university and its foundation are on review because of allegations into recruiting violations.

Puerto Rico’s debt cannot be canceled by order of the president, restructuring experts and a key congressman said.

Puerto Rico bonds plunged on Wednesday after President Donald Trump suggested the commonwealth’s debt needed to be “wiped out” to help the island recover from the devastation caused by Hurricane Maria.

The governor said he would borrow against $1.25 billion in profits from the state liquor system.

Jefferson County, N.Y., legislators approved a resolution to issue $99 million in revenue bonds for Samaritan Medical Center.

The city wants to quickly pick an advisory team and update the timeline on its Lambert Airport privitazation plan.

A lower court rejected many residents' arguments, including one about how bond proceeds will be used to buy amenities from the developer.

Puerto Rico bonds took a big hit on Wednesday after President Donald Trump suggested the commonwealth’s debt needed to be “wiped out” to help the island recover from the devastation caused by Hurricane Maria.

Puerto Rico bonds took a hit on Wednesday after President Donald Trump suggested the commonwealth’s debt would need to be wiped clean to help the island recover from the devastation caused by Hurricane Maria.

President Donald Trump's budget chief said not to take the president's suggestion that Puerto Rico's debt would be "wiped out" literally, as the territory's bonds plunged to a record low on Wednesday.

President Donald Trump suggested that the government debt accumulated by bankrupt Puerto Rico would need to be wiped clean to help the island recover from the devastation caused by Hurricane Maria.

Puerto Rico’s general obligation bonds maturing in 2035 have lost a fifth of their value in secondary trading on concern over the economic impact of the storm.

Oyster Bay Town Supervisor Joseph Saladino proposes slashing outstanding debt by $50 million in his first budget proposal since taking over the junk-rated Long Island municipality eight months ago.

The Oklahoma Department of Transportation is scaling back on highway and bridge projects.

Bonds financing a portion of the Cavaliers Arena transformation will be sold this week.

Top-rated municipal bonds finished mixed on Tuesday as the Dormitory Authority of the State of New York competitively sold almost $1.7 billion of bonds in a handful of offerings.