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Due to coronavirus and the resulting lockdowns and office closures, ridership on the commuter rail line linking San Francisco and San Jose is down about 95%.
July 17
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The week ahead will see a variety of muni bond issues — from down South to up North, from green bonds to social bonds. Taxables are well represented.
July 17
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Without a return of inflation, rate hikes are off the table, according to Charles Evans, president of the Federal Reserve Bank of Chicago.
July 17
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Former Fed Chair Janet Yellen referenced a study from the Center on Budget and Policy that suggests the shortfall for just states was $555 billion through 2022. Bernanke agrees.
July 17
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Both the American Hospital Association and the American Council on Education had urged the Fed to offer nonprofits a lower borrowing rate.
July 17
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Revised plan addresses concerns the council had when it rejected the initial version in November.
July 17
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S&P conducted its review of Assured Guaranty and views the firm's approach to writing business in current market conditions as well thought out and measured.
July 17
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A COVID-19-driven decline in lottery revenue led Oregon postpone a $302 million bond sale because the deal wouldn't meet an additional bonds test.
July 17
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The shroud of uncertainty surrounding further COVID-19 federal rescue aid has many public transit agencies and advocates antsy.
July 17
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For the 10th week in a row, investors put cash into tax-exempt mutual funds with Refinitiv Lipper reporting a $857 million inflow.
July 16
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A $9.9 billion emergency bonding bill approved by the Democratic-controlled state legislature Thursday will likely face a legal battle.
July 16
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The bond-financed Chicago-area hotel and conference center remains shuttered as a result of the coronavirus health crisis.
July 16
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A handful of economic indicators offered no clarity about the economy, which appears to be improving marginally, but remains fragile.
July 16
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Several groups are arguing their case to keep their seats on a smaller board.
July 16
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The Los Angeles lawyer founded her own firm and ran it for two decades before Polsinelli acquired it in 2011 to enter California. She retires in October.
July 16
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Managing a major lender in the midst of COVID fears and social unrest has required a rethink of banking norms. Exploring the executive decisions all leaders must consider is the recipient of American Banker’s Banker of the Year award.
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The Longmont City Council is expected to formally decide in August whether to seek voters' November election approval of a ballot question that would authorize the city to sell up to $80 million in water revenue bonds.
July 16
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How Berkshire Bank is facilitating and driving change, inclusion and equity within their institution in an effort to authentically connect to the communities in which they serve.
