Subject Root Tag

Economists also expect the Fed's balance sheet to more than $10 trillion as policymakers look to lift the country from a recession brought on by the coronavirus pandemic.

At a virtual quarterly board meeting this week, the board discussed its search for the next CEO, which has been affected by the virus.

The Commerce Department reported that new orders for manufactured durable goods fell 14.4% in March while the University of Michigan’s consumer sentiment index dropped to 71.8 in April, the largest monthly decline on record.

Nevada was one of the last states to recover from the Great Recession

The state's tough budget position was underscored by an agreement with noteholders to extend a $750 million maturity while paying them higher interest.

Size, timing and structure hinge on market variables, senior manager Jefferies said.

A federal judge denied the SEC's motion for summary judgement against John Paulsen, setting the stage for a trial.

Daily report for April 24, 2020.

A new mayoral task force will work on Chicago's economic recovery effort as the city's finance team continues to assess the damage.

S&P Global Ratings analysts say bookings that are two to three years out are already being canceled.

The municipal market kept with a cautious tone on Thursday as the new-issue market continues to digest deals.

In a voluntary market notice, Florida outlines its actions to address the public health crisis caused by COVID-19.

The historic nature of how ratings for municipal issuers play out in times of severe volatility is under scrutiny from various market participants.

McConnell said he favors changing the federal bankruptcy code to allow state governments to file for reorganization.

Issuers say Clayton’s comments on corporate disclosure from earlier this month can be applied to municipal disclosure.

While the number of people filing for unemployment dropped to 4.4 million, there are now 26 million Americans without work and economists expect the unemployment rate to hit 20%.

Mayor Eric Garcetti declared a state of fiscal emergency when he delivered his budget proposal for fiscal 2021.

Debt restructuring options as the transit agency navigates through the coronavirus crisis include refundings for savings or to push out debt, according to Robert Foran.

Bryan Garcia and Eric Shrago of the Connecticut Green Bank, explain how “Green Liberty Bonds” will expand clean energy investment. The small-denomination munis for retail, modeled after the World War II Series E bonds, are independently certified to fight climate change. Chip Barnett hosts.

Daily report for April 23, 2020.