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Federal Reserve Bank of Atlanta President Raphael Bostic said he expects U.S. unemployment will be around 10% in the fourth quarter, with an uneven recovery from the COVID-19-induced recession.

With almost half of June being done and dusted, yield movement is nearly unchanged from May’s closing levels, sources said.

The Wisconsin health system's ratings have weathered the early impact of COVID-19 on its balance sheet, although S&P revised its outlook to negative.

The trend should continue, unless coronavirus-related enrollment losses force an end.

S&P moved its outlook on St. Louis' rating to negative due to the budgetary pressures posed by the pandemic

Renewable energy — already supplanting coal on the basis of economics — could become the major power source 15 years earlier than expected, researchers said.

With about two weeks before the fiscal 2021 starts, the Florida Legislature still hasn't submitted a budget to Gov. Ron DeSantis.

Wearing masks and following guidelines will help boost the economy into recovery.

Daily report for June 15, 2020.

New York, Texas and Pennsylvania issues headline the new-issue slate.

California blasts West Valley Water District for financial control failures, including awarding contracts without a bidding process.

Flynn joined the Cleveland-based firm’s Indianapolis office as a managing director.

Gov. Charlie Baker’s plan, with some tweaks, could secure much-needed funds money more quickly during the coronavirus pandemic, Pioneer Institute said.

House Natural Resources Committee Chairman Raul Grijalva last month introduced a bill to amend the 2016 Puerto Rico Oversight, Management, and Economic Stability Act.

Shifting to smaller annual increases — after a 36% turnpike hike in September, the first in eight years — is credit positive, according to one rating analyst.

The Federal Reserve put a spotlight on job losses and risks to the financial sector in its semi-annual report to Congress released Friday.

Many observers expect the Fed to move to yield curve control in September. But not everyone is sure this move will be needed.

Proceeds from the sale would go to providing direct grants to non-profit organizations.

Daily report for June 12, 2020.

Yields on the long end of the curve dropped as much as seven basis points while very short yields rose.