Chip Barnett is a journalist with almost 50 years of professional experience. He started his career at the Gannett Newspapers in Westchester County, N.Y., working his way up from back-shop compositor to Senior News Editor. Barnett later worked for Thomson Reuters in Manhattan, covering state and local government finance as a Reporter and later Executive Editor for TM3.com and as Editor in Charge of Municipal Finance for Reuters News. Later, he was the Editor of Municipal Finance Today at SourceMedia. Barnett has also worked for DebtWire/Municipals and has written about commercial real estate in South Florida and the Midwest for both The Real Deal and Globe Street. Barnett is currently a Reporter at The Bond Buyer.
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Thursday’s jobless claims at 3.839 million, weaker income and spending data show COVID-19 continues to dampen economic activity.
April 30 -
The FOMC action came as GDP dropped 4.8% in the first quarter and pending home sales plunged 20.8% amid the pandemic.
April 29 -
Pessimism about the economic situation in the United States continues to affect the way consumers view the economy and their financial position.
April 28 -
Several of the Lone Star State's manufacturing indexes dropped to record lows in April, a Dallas Fed survey showed.
April 27 -
The Commerce Department reported that new orders for manufactured durable goods fell 14.4% in March while the University of Michigan’s consumer sentiment index dropped to 71.8 in April, the largest monthly decline on record.
April 24 -
While the number of people filing for unemployment dropped to 4.4 million, there are now 26 million Americans without work and economists expect the unemployment rate to hit 20%.
April 23 -
Bryan Garcia and Eric Shrago of the Connecticut Green Bank, explain how “Green Liberty Bonds” will expand clean energy investment. The small-denomination munis for retail, modeled after the World War II Series E bonds, are independently certified to fight climate change. Chip Barnett hosts.
April 23 -
The new federal COVID-19 relief package probably won’t be the last boost the U.S. economy will get, economists say.
April 22 -
The New York City Council is set to unveil a COVID-19 relief package of bills that include help for small businesses and tenants.
April 21 -
Existing home sales fell 8.5% last month as the Philadelphia Fed said its indexes fell to record lows in April.
April 21 -
Fed officials also talk about the muni liquidity facility and efforts to help the economy in the wake of the COVID-19 pandemic.
April 20 -
Forecasts see contraction of 5.3% to 7.4% this year and recovery in 2021.
April 17 -
In the wake of the COVID-19 pandemic, the city's budget shrinks by $6 billion.
April 17 -
Jobless claims fell in the latest week though now 22 million Americans filed for unemployment since late March.
April 16 -
Coronavirus takes its toll on business and sales activity around the states and across the nation.
April 15 -
Biweekly webinars on Zoom will help city small businesses and MWBEs stay afloat in difficult economic times.
April 13 -
Jobless claims declined 261,000 from the previous week’s revised level of 6.87 million, originally reported as 6.65 million.
April 9 -
The housing market may turn out to be a big factor in how fast the U.S. economy recovers.
April 8 -
The council wants to focus on the social safety net in light of the COVID-19 pandemic.
April 8 -
Tax-exempt and taxable deals priced as dealers opened up their balance sheets to new issues while the market still awaits word from the Fed on coronavirus-led purchase programs.
April 7
