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The University of California and California State University systems are better positioned than many higher education peers to face the impacts of COVID-19.
June 4
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Oppenheimer will have its work cut out for it with the aim of being a major player in California's municipal banking business.
June 2
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California may need to use interfund borrowing to get its budget into balance, Gavin Newsom said.
May 15
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California lawmakers have tough decisions ahead as they work to balance the budget, Gavin Newsom said in introducing the "May Revise" budget.
May 14
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The $3 trillion plan doesn't allow advance refundings or reinstate Build America Bonds
May 13
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While their regions, sizes and funding streams vary, several mass transit systems underscored the dire need for additional federal funding.
May 13
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More issuers are missing bond payments and deadlines for filing annual financials; the Roman Catholic Church of the Archdiocese of New Orleans filed for bankruptcy partially blaming COVID-19, affecting $41 million of bonds.
May 12
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The Fed’s rates send a signal to the municipal market that it wants it to survive on its own.
May 11
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Depending on recovery, state's deficit could soar to $126 billion.
May 8
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The state government, which was looking at multibillion-dollar surpluses before the coronavirus struck, is now facing a $54.3 billion of red ink.
May 7
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The case that has the potential to upend legal precedent about how public pensions are treated in California.
May 5
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April finished with $23.7 billion of issuance, a 15% decline from the $27.9 billion in April 2019. Volatility from the pandemic has caused erratic swings in benchmark yields, resulting in the lowest muni volume total in the month since 2011.
April 30
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California's response to COVID-19 became a factor in Verity Health System's Chapter 11 proceedings.
April 30
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Two executives for the failed Tri-Valley charter schools agreed to pay $20,000 and $15,000 to settle charges of misleading municipal bond investors.
April 28
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The secondary market took a backseat to the primary Thursday with yields holding steady while Lipper reported $833 million of inflows, the first since February 26.
April 16
