California

The path to recovery from the coronavirus — medical and economic — remains murky and unclear.

California may need to use interfund borrowing to get its budget into balance, Gavin Newsom said.

California lawmakers have tough decisions ahead as they work to balance the budget, Gavin Newsom said in introducing the "May Revise" budget.

Former California Gov. Jerry Brown thinks the U.S. and Europe should have taken a page from Taiwan’s book in dealing with the coronavirus.

While their regions, sizes and funding streams vary, several mass transit systems underscored the dire need for additional federal funding.

High-grade trading Friday showed the disparate credit picture that investors are facing; they now need to dig deeper into municipal financials and the backstops on certain bonds.

Depending on recovery, state's deficit could soar to $126 billion.

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.

The state government, which was looking at multibillion-dollar surpluses before the coronavirus struck, is now facing a $54.3 billion of red ink.

The case that has the potential to upend legal precedent about how public pensions are treated in California.