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The rating agency cited higher leverage from borrowing plans to fund expansions and renovations and passenger traffic losses from the coronavirus pandemic.
November 11 -
S&P Global Ratings revised the outlook on Vermont’s AA-plus general obligation bond rating to negative from stable.
November 11 -
The contest that took nearly a week to finalize was among several races that epitomized the state's sharp political divide.
November 11 -
Some justices appeared to be skeptical of arguments in case that seeks to overturn the ACA.
November 10 -
The IFA is hoping to capitalize on growing investor interest in green and sustainable bonds.
November 10 -
But in the second half of 2021, the U.S. economy is likely to have a strong recovery from the pandemic.
November 10 -
Light primary easily absorbed while secondary trading showed a steadier market as it closes for Veterans Day. Massachusetts announces $1.4 billion of GOs for next week.
November 10 -
The state’s economic downturn has yet to subside, State Treasurer Randy McDaniel said.
November 10 -
The Democratic governor will have continued powers to thwart proposed wealth taxes from progressive members of his party after Republicans prevented a veto-proof Senate majority.
November 10 -
The group of around a dozen issuers, bankers, broker-dealers, bond attorneys, and municipal advisors is sorting out their priorities for educating the public finance community.
November 10 -
While financial and economic shocks can't be prevented altogether, certain factors can worsen the shock, according to Federal Reserve Bank of Boston President Eric Rosengren.
November 10 -
There is a pervasive belief that Joe Biden is likely to be more effective reaching across the aisle than Donald Trump.
November 10 -
Skanska and its Elizabeth River Crossings partner, Macquarie Infrastructure Partners, will sell the concession to an Abertis Infraestructuras S.A.-led venture.
November 10 -
Rachael Fauss of watchdog Reinvent Albany discusses the importance of transparency amid the pandemic. She also explores state-agency debt and the Fed's Municipal Liquidity Facility. Paul Burton and Andrew Coen host. Recorded Nov. 2 (19 minutes)
November 10 -
MBTA officials insist the moves, which include a capital-to-operating budget shift, are necessary to help seal a coronavirus-related $579 million operating gap.
November 10 -
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The COVID-19 pandemic pushed the Henry Ford Village continuing care retirement community over the fiscal cliff and into a Chapter 11 filing.
November 9 -
Municipal yields rose as much as five basis points on the long end, but the losses were not as pronounced as UST. Light dealer inventories and scarce secondary trading let munis outperform Treasuries.
November 9 -
Jeanne Holm, appointed by Mayor Eric Garcetti, will help guide the city government through its worst financial crisis in a decade.
November 9 -
The IRS will post quarterly updates of its enforcement strategy on the webpage of the Tax Exempt and Government Entities Division-Compliance Programs and Priorities.
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