- Average US rate on 30-year mortgage falls to 3.98 percent Updated: Jul-30-15 11:12 am
WASHINGTON - Average long-term U.S. mortgage rates fell for a second straight week, with the key 30-year rate slipping below 4 percent.
- Standard & Poor's boosts Detroit's rating on revenue bonds Updated: Jul-29-15 5:11 pm
DETROIT - Standard & Poor's has boosted Detroit's rating on eight- to 15-year bonds the city plans to sell to improve public services.
- Another rating agency lowers investment grade of CPS bonds Updated: Jul-28-15 4:53 am
CHICAGO - Another bond rating service has lowered the Chicago Board of Education's investment grade rating to junk status.
- Rates on US Treasury bills rise to highest point this year Updated: Jul-27-15 5:04 pm
WASHINGTON - Interest rates on short-term Treasury bills rose in Monday's auction to the highest levels this year.
- Atlanta mayor mulling plan to upgrade or replace Hawks arena Updated: Jul-24-15 12:45 pm
ATLANTA - The Atlanta Hawks are exploring three options for upgrading their home court, including renovating Philips Arena or building on the Civic Center site, Mayor Kasim Reed said on Thursday.
- Getting tested again: Municipal bond funds face more stress Updated: Jul-23-15 5:11 pm
NEW YORK - Here we go again.
- Texans pay millions on facility being leased for $1 a month Updated: Jul-20-15 11:53 am
BEAUMONT, Texas - A vacant youth lockup in Southeast Texas is being leased to a private charter school company for $1 per month even as state taxpayers continue to pay off the nearly $16 million in bonds issued to build it two decades ago.
- Panel looks for fixes to Teachers' Retirement System Updated: Jul-18-15 3:38 pm
FRANKFORT, Kentucky - A work group formed by Gov. Steve Beshear has started trying to craft recommendations to shore up the Kentucky Teachers' Retirement System.
- The Latest: Maine lawmakers complete their work for the year Updated: Jul-16-15 6:16 pm
AUGUSTA, Maine - The latest on the Maine Legislature's last day of the 2015 session:
- Foreign holdings of US Treasury securities slip in May Updated: Jul-16-15 5:58 pm
WASHINGTON - Foreign holdings of U.S. Treasury securities fell in May for a second straight month even though China, the largest foreign owner of Treasury debt, boosted its holdings.
- Greece pledges to get rid of tax evasion as a way of life Updated: Jul-14-15 8:43 pm
ATHENS, Greece - Dimitris Bokas keeps meticulous records of the bathroom fixtures he sells from his small shop in the quiet middle-class residential neighborhood of Koukaki near the center of Athens - just in case a tax inspector makes a surprise visit to ensure Greece's 23 percent sales tax is being collected and reported correctly.
- $6.5M in bonds for land conservation projects to expire Updated: Jul-14-15 4:46 pm
AUGUSTA, Maine - The head of the Land for Maine's Future program says that land conservation projects will lose out on roughly $6.5 million in bond money.
- Bond company ordered to pay $300K of Palmertree restitution Updated: Jul-14-15 4:04 pm
VICKSBURG, Mississippi - The company that issued the public official bonds for former Warren County Circuit Clerk Shelly Ashley-Palmertree must pay $300,000 of the $818,251 she owes the county.
- Regulators: No single reason for bond market 'flash crash' Updated: Jul-13-15 4:05 pm
WASHINGTON - The Treasury Department and other government agencies said Monday they are unable to pinpoint a single reason for a period of extreme volatility that hit the Treasury securities market on Oct. 15 last year.
- Tupelo, Lee County schools proceed with bond construction Updated: Jul-13-15 6:07 am
TUPELO, Mississippi - When Tupelo and Lee County School District students return to class next month, they will be greeted with new classroom buildings, cafeterias, computers and secure entrances.
- Bentley, lawmakers, prepare for special session over budget Updated: Jul-12-15 1:11 pm
MONTGOMERY, Alabama - The Alabama Legislature will convene Monday for the beginning of a special legislative session addressing the state budget crisis.
- Easier terms for Greece could open a can of worms in Europe Updated: Jul-09-15 8:13 am
LISBON, Portugal - Eurozone governments taking a tough line on Greece's demand for debt relief and easier bailout terms fear opening a can of worms.
- Olive Branch to buy equipment for emergency personnel Updated: Jul-08-15 6:38 am
OLIVE BRANCH, Mississippi - Olive Branch Board of Aldermen has voted to spend thousands of dollars for new radios that will bring emergency personnel into the digital age.
- Exposed to Greek banks, Balkans brace for trouble Updated: Jul-07-15 9:44 am
BELGRADE, Serbia - There is a saying in the Balkans: "Indebted like Greece."
- Greek Speak: A guide to the country's debt crisis lexicon Updated: Jul-07-15 3:11 am
NEW YORK - Greece's debt crisis has spawned its own awkward argot. For those in the know, clunky terms like "Grexit" are shorthand, a quick way of saving a bundle of words. For everybody else, they're as mysterious as hieroglyphs.
- Kansas may not issue pension bonds, despite legal authority Updated: Jul-02-15 6:14 pm
TOPEKA, Kansas - Market conditions could delay or prevent Kansas from issuing $1 billion in bonds as part of an effort to boost the financial health of its pension system for teachers and government workers, even though top state officials gave the go-ahead Thursday.
- The case for Greece: when it forgave Germany's debt Updated: Jul-02-15 4:54 pm
LONDON - Forgiving debt, if done right, can get an economy back on its feet.