Texas

Stay-at-home orders and school closures driven by COVID-19 have cut traffic in half or more on many toll roads and bridges.

Michael Bartolotta, who built his career at Hilltop Securities' predecessor firm, returns to its Houston office.

The corporate bond business appears to enjoy greater liquidity than tax-exempts, said Lee Deviney, executive director of the Texas Public Finance Authority.

Bond-financed bridges across the Rio Grande will lose revenue because of the partial closure of the border, as will the Texas economy.

Local issuers in Texas also received authority to postpone bond measure elections that are slated for May.

The Supreme Court is poised to decide the Texas governor's quest to end the federal program that provided millions of Americans access to health insurance.

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.

After eight oil-producing states recovered from the 2014 oil price collapse, they face another downturn, S&P Global Ratings said.

Less than six years after the last oil price collapse, producing states of the Southwest are facing another sharp drop and the prospect of recession.

With major projects in its future, Dallas Area Rapid Transit is making the most of record low rates in a $260 million bond sale.