Public finance

The state is taking qualifications from firms interested in building three facilities to house male inmates.

The Pennsylvania governor signed a $34 billion fiscal 2020 budget on time and free of drama — unusual for the commonwealth.

The Illinois governor says the state, with its low ratings, is in no position to absorb its largest city's massive pension liabilities.

The Michigan Supreme Court ruled that Macomb County is not contractually bound to provide lifetime healthcare benefits to retirees.

Kathy Wylde, president of the business group Partnership for New York City, discusses the city's economic climate and related issues including transit, site selection, technology and the new rent overhaul law. Paul Burton hosts.

The board's suit has the same cause as a frozen suit against PREPA.

The board anticipates spending $596 million for COFINA and GDB debt service.

With under a $1 billion of bonds and notes selling this week, investors were looking beyond the week’s offerings — to fundamentals and performance.

The SEC approved the changes to Rule G-11 on primary offerings and Rule G-32 on disclosures in connection with primary offerings late last week after a two-year review process by the MSRB.

Investors will still lose big as the SEC's case against Dwayne Edwards and Todd Barker is now all but over.

Municipal bond buyers are taking a second look at new issues with 3% and 4% coupons against a backdrop of what has been a strong traditional preference for 5% bonds.

Signed on June 30, 2016, the Puerto Rico Oversight, Management, and Economic Stability Act sent Puerto Rico’s bondholders and residents on a difficult odyssey that is far from over.

The Puerto Rico Treasury now expects 33.6% more revenue in the fiscal year than the original projection.

Municipal bond buyers will see a holiday-shortened week with little in the way of supply on tap.

Without a successful appeal, Employees Retirement System bondholders won't get their bond payments during the bankruptcy.

Municipal bond issuance for the year so far is within a percentage point of volume in the first half of 2018.

Investor confusion about Harvey, Illinois, and a local library district contributed to a municipal advisor and broker-dealer facing Securities and Exchange Commission charges in a bond offering gone wrong.

The Port Authority of New York and New Jersey is trying to prepare for increased ridership on its rail transit system with more than $1 billion of investment.

The city expects to save about $22 million in fiscal year 2020 from terminating the programs, Mayor Lori Lightfoot said on Thursday.

The Detroit Water and Sewerage Department is promising a five-year, $500 million capital program to upgrade water and sewer pipes.