Governor's proposed budget ups general-fund spending by 7 percent, but also increases pension contributions and creates "rainy-day" fund.

Illiquid summer season is approaching, and the slowdown in issuance and trading may be even more pronounced this year.

Illiquid summer season is approaching, and the slowdown in issuance and trading may be even more pronounced this year.

Politicians on both sides of the Atlantic fret about the proposed deal's economic impact.