Public finance

Gov. Bruce Rauner says he will act to authorize $6 billion of borrowing to knock out overdue bills.

Top-rated municipal bonds finished stronger on Thursday, traders said, as the week’s largest deal came to market — the New Jersey Economic Development Authority’s $583 million sale.

Fitch Ratings said the increased costs to complete reactors at Plant Vogtle drove the downgrades.

Public retirement plans are walking a tightrope with high-yield return strategies, Moody's said.

Long before it was named after the Ilitch family's pizza chain or the Pistons agreed to join the Red Wings in playing there, the new downtown arena was expected to cost $450 million.

Gov. Jim Justice urged residents in a Wednesday evening town hall in Beckley to support the road bond referendum this fall that would create $1.6 billion in funds to upgrade the state's roads and bridges.

A Lackawanna County court has scheduled another hearing for Monday on a challenge to Scranton's ability to collect certain local taxes.

Top-rated municipal bonds were stronger at mid-session, traders said, as the week’s largest deal came to market — the New Jersey Economic Development Authority’s $554 million sale.

The Democratic mayoral candidates debated the city's resilience level as more hurricane activity looms.

The storms force us to consider the value of public assets in everyday life, the prospects for rebuilding with municipal financing, and the effects on credit quality.

Municipal bond traders are set to see the week’s largest deal come to market on Thursday — the New Jersey Economic Development Authority’s $595 million offering.

Assured Guaranty Municipal Corp., a subsidiary of Assured Guaranty Ltd., and Wasmer, Schroeder & Company announced the closing of AGM's acquisition of a minority interest in WSC on Wednesday.

Top-quality municipal bonds ended mixed on Wednesday as the big Honolulu and Pennsylvania sales hit the screens.

The special session on Sept. 25 will be asked to resolve funding problems in the wake of the state Supreme Court's rejection of a "smoking cessation fee."

The transportation package limits bonding to $400 million.

They say a report shows state could shave billions off interest costs if it borrows to pay down the state's unpaid bill backlog.

S&P Global Ratings cited improved employment and demographic indicators, and projected growth in reserve levels.

The U.S. Department of Transportation is taking applications for $500 million of grant funding.

Hawaii's governor signed a bill raising taxes to complete the Honolulu elevated rail project

He found that the community development districts failed to properly apportion homeowners' special assessments.