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Uncertainty surrounding whether colleges and universities can safely open their doors this fall adds stress to the already challenged higher education sector.
May 8
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BB&T failed to submit accurate minimum denomination and maximum interest rates to the MSRB’s Short-Term Obligation Rate Transparency (SHORT) System in 3,710 instances, FINRA found.
May 8
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With tax revenues plummeting, one additional solution policymakers could consider would throw state and local governments a revenue lifeline: uncapping and funding the Community Disaster Loan program.
May 8
Ernst & Young LLP -
The pandemic is taking a toll on tax receipts, leading the central bank to establish a municipal debt facility. Without a turnaround, the consequences for the financial system could be dire.
May 8
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Projections for U.S. unemployment hitting 20% or higher may be too severe, according to a paper released Thursday by the Federal Reserve Bank of Cleveland.
May 7
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In the midst of issuer credit deterioration due to coronavirus, muni yields fell and new-deals were priced on the heels of California's $54 billion deficit news.
May 7
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The city will ask the Louisiana State Bond Commission to authorize issuing up to $100 million of revenue notes.
May 7
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The Puerto Rico government attributes the decline to the COVID-19 virus and the governor's resulting lockdown order.
May 7
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New report says hospitals lost a total of $1.44 billion a day between March and mid-April.
May 7
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Federal Reserve Bank of San Francisco President Mary Daly said she expects the U.S. economy to shrink this year with a recovery only getting under way next year.
May 7
