Moody's

Colleagues admired Sitzer, who died Saturday, for his deep knowledge of the industry, his relationships and his personal touch.

The New York mayor's move reflects a nationwide response to protesters in the aftermath of the death of George Floyd.

The historic nature of how ratings for municipal issuers play out in times of severe volatility is under scrutiny from various market participants.

The rating agency delivered the latest coronavirus-related hit to the city's ratings by cutting its outlook. The city's GO bonds were affirmed at AA.

The coronavirus has shaken the foundation of the municipal market and participants are looking cautiously to the Fed while attempting to adjust to the sustained volatility.

The rating agency cites the decline of tourism following the worldwide spread of coronavirus.

Early official estimates of current fiscal year revenue drops include $353 million in Arkansas, $396 million in Colorado, $219 in Oklahoma and $224 million in Vermont.

The rating agency expects a 'sudden and severe decline in the city's sales and income taxes' as a hit to the city's budget and economy from the coronavirus crisis.

Moody's cited stable financial operations and adherence to a recovery plan in Connecticut's capital.

Analysts expect a drop in trade volume in at least the first two quarters of this year.

If demand to fly declines domestically, it may affect airports' credit ratings, analysts say.

Kurt Krummenacker, senior vice president at Moody's, talks about important developments in the active airport sector of the muni bond market. John Hallacy hosts.

Not-for-profit hospitals and healthcare systems are positioned to weather headwinds facing the medical profession in the 2020s.

Moody’s cut its rating on Lincoln Center debt issued in 2016 one level to A3 from A2 as the non-profit that runs the complex deals with falling attendance and high financial leverage.

In a recent Moody's report, analysts said states would be able to weather a moderate recession due to healthy reserves.

About 27% of public and private universities will see a decline in net tuition per student in fiscal year 2020.

Data on default rates shows that while there has been improvement in consistency between corporate and muni ratings, there is still work to be done.

The ruling is credit negative but the district has a large budget and revenue-raising flexibility to absorb the liability, Moody's Investors Service says.

Vice President, Senior Credit Officer, Moody's Investors Service

State and local governments are providing more transit funding than they have before, offsetting some of the ridership woes.