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New Jersey had a choice between the Federal Reserve’s Municipal Liquidity Facility and the muni market for its upcoming $4 billion borrowing.

Revenues for the year came in $8.7 billion above projections in the fiscal 2021 budget, but expectations were down.

Ratings agencies, banks and asset managers are formulating strategies to address ESG as investors clamor for information.

The city needs to continue meeting pension commitments and moving to structural budget balance despite the coronavirus pandemic, the rating agency said.

Municipals held firm Friday as the market gets set for another week of hefty supply. Citi anticipates $550 billion in 2021, led by surge in taxable issuance.

Uncertainty has been the code word since March — about the length of the pandemic, about the election, and many other issues. The markets hate uncertainty.

The board, at the first quarterly board meeting of its 2021 fiscal year, also voted to split its existing Nominating and Governance Committee into two.

The Oversight Board said it is working on a response.

Officials from New York's MTA and the Long Island village are working on a project to build in what is now a commuter train station parking lot.

New York's mayor is shifting $466 million to the current fiscal year’s capital budget to tackle affordable housing needs to offset some of his coronavirus-related cuts.

Municipals were little changed on Thursday as the supply surge continued ahead of the U.S. elections.

The coronavirus pandemic has turned every industry on its head. For lending, it exposed the need for modernized, fully digital platforms.

Jobless claims fell to below 800,000, existing home sales soared, leading indicators rose more than expected and the Kansas City Fed manufacturing index also climbed in the latest reading.

New York Gov. Andrew Cuomo is holding off on addressing a widening revenue gap until after the election, hoping a Democratic win will mean more stimulus, a move analysts criticized.

The securities industry was buoyed by federal stimulus and a massive influx of liquidity, report says.

Refinancing and restructuring debt plays prominently in the city's budget plans

Surveys show employment was up as much as 7% in September from April.

The current deal deluge is causing a minor yield pullback, but levels have been steadier than many probably thought, trader said.

Fed finds most areas improving, with different sectors showing greta variation in activity.

Credit rating agencies have done relatively few credit downgrades.