Person Root Tag

Theme park and business closures and hospitality industry layoffs will make recovery difficult for Orange County and the Orlando region.

The Federal Open Market Committee meeting that began Tuesday will be unique because rates remain at the zero lower bound and the Fed has taken many actions to ensure smooth markets since the economic shutdown to contain the coronavirus.

Moody's Investors Service said public utilities may see declining coverage ratios as they suspend disconnects and offer discounts.

Issuers say Clayton’s comments on corporate disclosure from earlier this month can be applied to municipal disclosure.

Florida’s attorneys cite flaws and errors in a special master’s report to support overturning its conclusions.

Fed officials also talk about the muni liquidity facility and efforts to help the economy in the wake of the COVID-19 pandemic.

In a letter sent to the Fed Thursday night, House Financial Services Committee Chairwoman Maxine Waters said she wanted more issuers to participate in the Fed program.

In the wake of the COVID-19 pandemic, the city's budget shrinks by $6 billion.

New York's mayor announced sharp cuts, a draw on reserves and a call for further assistance from Washington.

Uncertainty remains the only constant regarding the coronavirus pandemic, and two Federal Reserve Bank presidents offered positive thoughts, although no definitive answers.

The state will fast-track billions in road projects despite not knowing how the pandemic could impact revenues.

Biweekly webinars on Zoom will help city small businesses and MWBEs stay afloat in difficult economic times.

May is when budget talks usually get serious in California, which has a budget highly dependent on income and capital gains taxes.

New York’s new state budget provides flexibility to deal with near-term revenue hits from COVID-19, but it has little bandwidth to withstand a deep recession.

The deal to buy 200 million masks a month will help California's medical workers while pressuring its state budget.

Lawmakers approved a 2021 fiscal plan with mechanisms for spending reductions throughout the year because of economic headwinds caused by the COVID-19 pandemic.

Negative outlooks trigger questions about other reeling areas in the capital markets crosshairs.

Ron DeSantis says he won’t trim or sign the 2021 state budget yet, but on Wednesday issued a statewide order limiting movement to essential services.

The Federal Reserve is poised to spray trillions of dollars into the U.S. economy once a massive aid package to fight the coronavirus and its aftershocks is signed into law.

Federal Reserve Chairman Jerome Powell said the central bank will maintain its muscular efforts to support the flow of credit in the U.S. economy as Americans hunker down from the coronavirus pandemic.