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Federal Reserve Bank of Cleveland President Loretta Mester said the impact of the coronavirus and the risk it poses to the global economy haven’t changed her forecast.

Fitch Ratings dropped Immaculata University, in the Philadelphia suburbs, to BB-minus from BB.

While municipal issuers understand investors’ need for timely and interim financial, they face some competing challenges.

With many economic indicators released Friday, the main takeaway is gross domestic product will struggle.

The New York City Housing Authority’s agreement with developers on $1.5 billion of capital repairs marks a significant move toward private management.

A nonprofit corporation will use the taxable and tax-exempt bonds to buy or refinance 28 skilled nursing facilities in Oklahoma and Texas.

The state stepped in to prevent Wall Street banks accused of wrongdoing in the variable-rate market from using what has been their most effective argument.

The municipal market started off the week like gangbusters, but was ending very quietly on Thursday as the holiday-shortened week approaches.

The total employment number slipped below one million in December, according to the U.S. Bureau of Labor Statistics.

If House Bill 653 passes, Fitch Ratings says any rating impact would be felt by local governments that receive transfers, rather than by the utilities.