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The short-term funding for airports and transit agencies in stimulus bills won’t be a substitute for the stability of long term financing.

Despite rising 3% in 2019, DiNapoli expects bonuses to drop this year.

They asked for a combined $4.4 billion.

The mayor cited COVID-19 as a spending priority while cases in his city represent more than one-third of the nation's total.

Assured Guaranty and BAM, the two active muni bond insurers, released statements Monday saying they are prepared and able to manage impacts of COVID-19.

Arlene Bohner has been named Fitch's head of U.S. public finance and will report to Laura Porter.

President Donald Trump said he called Federal Reserve Chairman Jerome Powell on Monday to thank him for his efforts to fight an economic slowdown from the coronavirus outbreak.

New York MTA and 10 other transit systems have cited the crippling effects of ridership drops due to COVID-19.

Gerrard Bushell, executive chair of the New Terminal One Development Project at John F. Kennedy International Airport, discusses how the $7 billion public-private partnership is progressing under the leadership of New York Gov. Andrew Cuomo. Hosted by Andrew Coen.

Daily report for March 24, 2020.

The funds will be in addition to the $160 million from the Emergency Reserve Fund that the board released March 12.

The economic dislocations brought by COVID-19 led Fitch Ratings to drop the Long Island county to BBB-plus.

Eric Holcomb said the state will consider using bond authority to move forward with capital projects that were to have been funded on a pay-go basis.

The Fed today added in variable rate demand notes to other short-term municipal debt to a list of assets eligible to be used as collateral by financial institutions, which contributed to some stability in the secondary market.

The timing of a $1.5 billion deal California had planned to price Thursday is no longer firm amid massive dislocations in the markets.

The municipal bond market is facing a new reality as yields rise, issuance slows and investors remaining skittish about the future.

A big New York State Empire Development Corp. private placement is likely to be followed by more until the municipal primary starts functioning again.

Smaller hospital systems warn they are on fiscal life support as groups lobby for federal funds.

Two rating agencies placed a negative outlook U.S. toll roads, while others monitor risks as volumes decline as COVID-19 keeps drivers at home.

Federal Reserve Bank of St. Louis President James Bullard said the U.S. should declare the equivalent of a three-month break for nonessential businesses to fight the spread of the coronavirus.