Build America Mutual News

Around noon one Wednesday in July, two school districts from California’s Central Valley auctioned off their bonds to Wall Street underwriters. Both had the same credit rating. The deals were of similar size. They were being issued for the same …

Hartford, Connecticut’s fiscally distressed capital city, will get a much-needed lifeline after its city council on Monday approved a deal to have the state pay its debt. The accord, part of a broader oversight plan that state lawmakers agreed to …