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The agreement would end current and future litigation by class members over the South Carolina utility’s failed nuclear project.

Cities and states that rely on hotel taxes and tourism-related revenues will lose billions as events and attractions shutter to slow the spread of COVID-19.

Perhaps most important, nobody involved in this issue has argued that issuers or anybody else would benefit in any way from exempting MAs from appropriate regulation.

Consumer worries over the virus' spread dampened enthusiasm early this month.

In the best of times, pricing municipal bonds is not so simple. In times of volatility, the challenge is magnified.

The New Jersey state teachers' union and state Senate President Steve Sweeney announced an agreement to lower school district and employee healthcare costs.

How severe a financial hit New York City will take during the COVID-19 pandemic is as much of an unknown as the degree of virus spread.

Daily report for March 13, 2020.

Thomas Bruder, Lauren Trialonas and Jennifer Cosper were named principals in the firm’s Public & Infrastructure Finance practice.

Other Midwest legislatures are canceling sessions or weighing early spring breaks to slow the spread of COVID-19.

Career veterans call fallout from COVID-19 concerns on the municipal market worse than that of 9/11 and the 2008 financial crisis combined.

With a state budget deadline on the horizon, NY Gov. Andrew Cuomo is requesting revised revenue estimates that factor in the economic realities of fast-spreading virus.

As COVID-19 impacts the U.S. economy, muni market participants want to bring back tax-exempt advance refunding, raise the cap on bank-qualified debt, among others.

The 2017 Tax Cuts and Jobs Act continues to influence the composition of the municipal bond market.

As business and leisure travelers stay at home rather than risk infection, events small and large are cancelled, and business slows so sharply it shows that the longest U.S. economic expansion since the 1850s may finally hit the wall.

The stock market plunge amid the COVID-19 pandemic increases the risk of a revenue shock for California and other states that depend on capital gains taxes.

The PPI fell 0.6% in February, the biggest decline in over five years. The core rate fell 0.3%

“Anybody who’s having an event between now and May is considering what to do about it,” said Mike Nicholas, CEO of the Bond Dealers of America.

Michael Zezas, managing director of research at Morgan Stanley, notes that muni yields have not fallen as quickly as the Treasury equivalents and recession risk climbs the longer the coronavirus persists. Layer on top of those items the incipient oil competition and quite a storm is brewing. Even liquidity is becoming "disorderly." John Hallacy hosts.

Daily report for March 12, 2020.