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Small businesses make up 98% of businesses in the city, and its coffers have taken a huge hit during the pandemic.
August 5
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The drop in tourism amid the coronavirus pandemic has resulted in a downgrade of Hawaii's ratings by Moody’s Investors Service affecting $9 billion in outstanding debt ahead of the state’s plans to price $900 million of taxable bonds Wednesday.
August 4
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Municipal bonds were little changed on Monday ahead of this week's new-issue calendar.
August 3
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Municipal bonds finished out the month on a strong note, with yields dropping by as much as two basis points on Friday.
July 31
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The California Supreme Court upheld the state's 2013 pension reform, but said its ruling is not a reexamination of the "California Rule" on public pensions.
July 30
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San Francisco International Airport will issue $291 million in refunding bonds amid belt-tightening efforts driven by a massive drop in passengers.
July 30
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Fitch Ratings cut Pioneers Memorial Healthcare District in Imperial County to BB from BBB-minus.
July 29
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UMB plans to focus on higher education with its initial thrust into advisory services.
July 21
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VRDO reset rates in California consistently were too high to be justified, a new filing contends.
July 20
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Due to coronavirus and the resulting lockdowns and office closures, ridership on the commuter rail line linking San Francisco and San Jose is down about 95%.
July 17
