Public finance

Trump's budget guts grant programs, contains nothing new on tax reform, and may actually cut net funds for infrastructure, drawing complaints from Democrats, governmental groups and infrastructure advocates.

New York State’s pension fund earned 11.42% on investments for the 2017 fiscal year, a report said.

Municipal bonds were trading stronger at midday as the Hudson Yards deal hit the municipal bond market on Tuesday along with a host of other sales.

The pension fund for Boston-area transit workers needs roughly $1 billion over 18 years, an official said.

Dentons partner Jonathan Ballan takes us through three creative bond transactions: LaGuardia Airport, Scranton parking and Glen Cove, N.Y., economic development. He also discusses infrastructure financing and his years of service on the New York MTA board. Hosted by Paul Burton.

Vero Beach, Fla., signed a letter of intent to sell its utility to Florida Power & Light.

Two financial advisors have submitted a plan that could give the federal government $1 trillion for infrastructure development.

The Hudson Yards deal is set to hit the municipal bond market on Tuesday as the week’s primary market heats up.

Transportation Secretary Chao has agreed to approve funding agreement for Caltrain.

Pricing wires for negotiated bond offerings

Pricing wires for competitive bond offerings

Chicago Public Schools is seeking authorization to bolster its GO authority to $500 million.

Illinois faces swap terminations and higher floating-rate costs if its ratings sink much further.

In the face of changes to health laws, nonprofit hospitals should focus on risk management, Moody's says.

Municipal bonds finished stronger on Monday as the Hudson Yards deal was offered to retail buyers for a second day.

New York Gov. Andrew Cuomo wants President Trump to provide "emergency" funds to repair Manhattan’s Penn Station.

Moody's Investors Service has upgraded the St. Louis Art Museum's (MO) (SLAM) Issuer Rating to Aa2, reflecting excellent fiscal management contributing to superior cash flow and reserve growth.

Key Texas lawmakers agreed on a formula to extend the Dallas police and fire pension fund’s life.

Municipal bonds were trading stronger at mid-session as the Hudson Yards deal was being offered to retail buyers for a second day. The market is waiting for this week’s $7.02 billion new issue calendar to get underway in earnest on Tuesday.

Puerto Rico put its Highways and Transportation Authority and Employees Retirement System into bankruptcy affecting $9.5 billion of debt.