California

The economists revised the quarterly forecast between regularly quarterly releases for the first time in 68 years.

Cities and states that rely on hotel taxes and tourism-related revenues will lose billions as events and attractions shutter to slow the spread of COVID-19.

Thomas Bruder, Lauren Trialonas and Jennifer Cosper were named principals in the firm’s Public & Infrastructure Finance practice.

The stock market plunge amid the COVID-19 pandemic increases the risk of a revenue shock for California and other states that depend on capital gains taxes.

Many businesses have implemented policies to limit non-essential travel, which is likely to have impacted the biennial presentation to municipal bond investors.

The municipal bond market will see a slew of supply price this week as issuers and investors buffeted by uncertainty, volatility and outright panic. California is selling $2.2 billion of GO bonds, which investors will seek out as a safe haven in these unstable times.

California election officials have until April 4 to provide final counts in the state's March 3 primary.

Eight Los Angeles agencies, with a combined $49 billion in debt, will give presentations on their projects, debt portfolios and expected new issuance.

Issuers in the Far West sold $85 billion of municipal bonds in 2019, a 23% increase from 2018.

Moody's upgraded the revenue bonds of the largely industrial city near Los Angeles to Baa2 ahead of a $158 million refunding.

Investors to be greeted by largest issuance week of 2020 led by $5B Buckeye tobaccos.

Slightly more than half of likely California voters support Proposition 13, according to a poll conducted by the Public Policy Institute of California.

House Speaker Tina Kotek agreed to slow momentum on the state's cap-and-trade bill to prevent a Republican walkout.

Newsom highlighted programs to combat homelessness in his annual address.

Eric Garcetti's signed an executive directive

The Academy of Motion Picture Arts and Sciences, presenter of the Oscars, is issuing debt to cover cost overruns on the museum it plans to open in December.

Fieldman, Rolapp & Associates hired Un Chu Reardon in Seattle and Rachel Chang-Kwei in Irvine, California.

Paul Daley, managing director of BondWave’s Information Lab, talks about how big data can be made more accessible and valuable to users. He details his examination into a Pacific Gas and Electric bond as a way to illustrate how drilling down into this information can help participants in a fast-moving market. Chip Barnett hosts.

Scott Wiener plans to introduce a bill later this week outlining a plan to take over the bankrupt investor-owned utility.

Irvine, Fresno and Stockton were among only 12 of the 75 largest U.S. cities that are on top of their financial obligations, according to a think tank's report.