The Latest

The comptroller report said New York City's reserves mitigate the need for bond financing to fund operations as the city has more in reserve funds than pre-Great Recession and Sept. 11-related recession figures.

The most significant revenue loss in Florida continues to be the drop in sales tax collections in the tourism and hospitality industries.

The SEC's Rebecca Olsen said in 2021, the regulator plans to explore ways to get more comment on financial disclosure recommendations.

The next milestone in the shift to the Secured Overnight Financing Rate is expected to be the announcement from the U.K.’s Financial Conduct Authority before the end of this year declaring Libor as nonrepresentative.

California Gov. Gavin Newsom's executive order directs regulators to put rules in place to end the sale of gas- and diesel-powered passenger vehicles in 2035.

Gross domestic product surged in the third quarter's first read, but analysts suggest the rising number of coronavirus cases bodes ill for fourth quarter growth.

Sowjana Sivaloganathan, director of fixed income at Intercontinental Exchange, and Patrick Smith, director of municipal evaluations at ICE Data Services, talk about how ICE and its Muni Curve has evolved in the muni space, the challenges COVID has presented and the transparency measures they have undertaken. Lynne Funk hosts. (30 minutes)

The transit agency — its revenues battered, its credit standing weakened and with no federal rescue aid in sight — looks to borrow its remaining $2.9 billion available through the Municipal Liquidity Facility.

The U.S. economy faces “slow going” with no additional fiscal support likely for several months, said former New York Fed President William Dudley.

By putting a negative outlook on its BBB-minus rating, Fitch leaves Chicago little room to avoid being saddled with a second speculative-grade rating.