Subject Root Tag

Fitch questions Buffalo, N.Y's revenue estimates and says the pandemic forced the city to use much of its reserves.

Daily report for September 18, 2020.

Details of the pending investigation are sketchy but the legislation improved the value of a then-bankrupt FirstEnergy subsidiary's municipal bonds.

Jim Beard, Atlanta's CFO for seven years, was charged by a federal grant jury with fraud, theft of government funds and purchasing illegal machine guns.

The new-issue market saw deals from Houston, the Illinois Finance Authority and the City and County of San Francisco, Calif., hit the screens.

During a Congressional Oversight Commission hearing, the Fed's Kent Hiteshew said the MLF is working as is, despite having made loans to only two issuers.

Biden's economic adviser pointed out that a new study couldn’t compare Biden’s economic plan to Trump’s because the president doesn’t have one.

Jobless claims declined, but remain elevated, housing starts and building permits also slid, while manufacturing in the Philadelphia region expanded at a slower pace.

City leaders are evaluating layoffs, raise deferrals, leasing city assets and postponing construction projects.

The towns of Phoenix and Talent have been decimated, losing 2,350 homes.

Duane McAllister and Lyle Fitterer of Baird talk with Chip Barnett about low rates and credit quality. They discuss the best scenarios for investors and issuers in these challenging times. (20 minutes)

Daily report for September 17, 2020.

The presidential candidate said Puerto Rico's debt should be audited and that some of it may have to be declared illegal and thus void.

Gov. J.B. Pritzker warns of thousands of layoffs across illinois governments and a $1 billion hit to education funding if the federal government does provide relief.

Most panelists don't expect rates to budge in the three-year projection horizon.

About 500 of Raymond James' workforce will be cut because of a decline in earnings due to low interest rates and the pandemic-induced economic downturn.

Five specialists from the former BB&T Capital Markets, now part of Truist, are moving to Hilltop Securities.

Secondary trading picked up somewhat while the new-issue market saw a large amount of taxables in the negotiated space while Pennsylvania competitively sold $470 million of general obligation bonds.

A proposed financial transaction tax in aimed at bolstering tax revenues could cost the state Wall Street business, analysts warn.

With its ratings intact as it navigates the pandemic's impact, the large Illinois system is issuing new money and refunding bonds