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Nick Sifuentes, executive director of the Tri-State Transportation Campaign, discusses the unparalleled crisis mass transit systems face nationwide due to the coronavirus. Paul Burton and Andrew Coen host. (19 min)

Daily report for August 11, 2020.

With June hotel bed tax collections off dramatically, the county's comptroller said "the pandemic continues to heavily weigh on the tourism industry."

As of Monday it wasn't clear how the election, which was supposed to be completed Sunday, would be extended.

Now investors have hit the reset button on municipal credit expectations and the corresponding return in demand has been quite strong.

Sharp revenue losses caused by the pandemic triggered a negative credit outlook for Long Island’s Nassau County as it prepares to roll out a new fiscal plan to combat a budget hole.

President Trump backtracked Sunday on his executive order that requires cash-strapped states to contribute $100 of a reduced $400 a week supplemental federal unemployment benefit.

Members of the economic research department of the Federal Reserve Bank of San Francisco take a look at the relationship between the effective lower bound interest rates and inflation.

The competitive sale is scheduled for Aug. 19 with Stifel Nicolaus as financial advisor.

A deteriorating market could change the calculus, but with rates at record lows, the MLF might not be needed for most issuers.

Stringer sent a letter to Mayor de Blasio on Monday calling on the city to fully fund the indirect cost rate (ICR) initiative.

Moody's Investors Service says the appellate court decision could impede the state government's flexibility in dealing with coronavirus-driven budget woes.

Minority and women-owned business enterprises will now comprise 33% of city GO bond and Transitional Finance Authority book-runners and 40% for New York Water.

Daily report for August 10, 2020.

Municipals rallied Friday, with yields dropping by as much as one basis point on the long end.

Despite "progress" in getting people back to work, economists say the coronavirus pandemic creates downside risks to recovery.

The gap between the two sides includes state and local aid, with the administration offering to agree to $200 billion while the HEROES Act favored by Democrats would provide $915 billion.

The California Supreme Court ruled July 25 in a pension spiking case with ramifications for the state's ironclad pension legal doctrine.

Newly hired Long Island Power Authority CFO Tamela Monroe has arrived during a busy period for the public utility as it plans aggressive infrastructure goals while grappling with financial challenges posed by coronavirus.

The coronavirus is adding to strains bearing down on the city that serves as home to Southern Illinois University's flagship campus.