Public finance

The municipal bond market saw several large deals hit the screens on Wednesday, led by issuers in Michigan and South Carolina.

Riverside is the latest Illinois municipality to be downgraded because of underfunded pensions.

Municipals were mixed at mid-session as the market prepared to take on a spate of new supply.

“Asset recycling can help fix America’s serious infrastructure problems: aging, deteriorating facilities and a lack of funding for a large array of new infrastructure that would improve our quality of life," the study's author said.

With COFINA and GDB deals moving forward, the Public Buildings Authority, Aqueduct and Sewer Authority, and University of Puerto Rico may be next in line.

S&P Global Ratings downgraded Oak Lawn to BBB.

Retail giant Amazon announced separate joint second headquarters in New York City and Arlington, Virginia.

Suggestive of possible near-term growth in issuance, municipal CUSIP requests rebounded in October.

Kane County's share of Regional Transportation Authority sales taxes backs up its pledge of toll revenue for the Longmeadow Parkway bridge.

The deadly Camp Fire left Paradise, California, in ruins, raising questions about the town's future and whether it can pay its debts.

The federal government ran a $100.5 billion deficit in October.

The municipal bond industry marched at the head of the parade as the nation celebrated National Veterans Small Business Week.

The Danville School District once again is asking for the public's approval to take out a general obligation bond — this time for $8.9 million — to be used for school remodeling, improvements and updates.

Companies that provide services related to construction, planning, architecture, engineering and technology will be the first to benefit but almost every industry sector will gain.

Municipal bonds were stronger at mid-session as buyers await this week’s new issue supply.

Carol Kellermann, outgoing president of Citizens Budget Commission, discusses the New York fiscal watchdog organization's monitoring of city and state finances. Paul Burton and Chip Barnett host.

Attention is turning toward the future of funding for the nation’s biggest transit system.

The dollar value of net pension liabilities rose in 43 states while the dollar value of outstanding tax-supported debt rose in 17 states, the report said.

Illinois' five state pension funds certified preliminary 2020 contributions may change, depending the results of planned buyout offers.

Benton Harbor Area Schools' fiscal emergency has ended.