Public finance

Tuesday’s data may not be indicative of where the economy is going and will likely be written off by the Federal Open Market Committee at its meeting, analysts say.

Court approval for the settlement that resolves claims against the state for its role in the poisoning of Flint residents looms this summer.

Most analysts expect the Federal Open Market Committee will alter its Summary of Economic Projections and perhaps begin to talk about tapering, without offering clues when they'll begin cutting back on asset purchases.

The state sued after the Trump administration canceled federal funding already approved for the project.

Now the fifth largest bank in the U.S., PNC will expand its banking and capital markets activities across the Southwest and Western regions.

Yields on top-quality munis were flat on the AAA scales Friday; yields were seven to nine basis points lower on the week.

Marquee issuers have sought out Kestrel for verification on ESG bond programs.

An outage that a LUMA Energy spokesperson said could have been triggered by sabotage left 900,000 customers without power on Thursday.

One involves a framework worked out by 10 senators while the other involves a more narrowly-focused $78 billion bill for passenger and freight rail.

Trading showed firmer prints, with Georgia general obligation bonds, Maryland GOs and Los Angeles Department of Water and Power bonds trading up.

The NLC survey found the availability of broadband and digital connectivity improved in about three in 10 urban core and rural communities over the past year.

Through the first nine months of the fiscal year, Sales and Use Tax collections are up 30% from the year earlier.

Recovering air passenger numbers were one factor Fitch Ratings cited in revising the Port of Seattle's outlook to stable from negative.

The five-year Highway Trust Fund reauthorization still requires action by the House Ways and Means Committee to approve revenue measures for financing the bill.

In the bill the governor signed, lawmakers will not approve a plan of adjustment with cuts to pensions, which the current proposed plan includes.

The Investment Company Institute reported $1.089 billion of inflows into municipal bond mutual funds, marking the 13th consecutive week.

A last-minute bill that would have authorized a split of board chairman and chief executive positions appears to have died in the state Senate.

The U.S. Treasury 10-year dipped to its lowest yield since March while municipal investors poured money into new deals and secondary trading helped push benchmarks even lower.

The Wayne County Airport Authority is selling $163 million to finance projects.

Traffic is returning to Dallas-Fort Worth International Airport, but plans to expand have been scaled back.