Coronavirus

State Departments of Transportation said $50 billion would provide states the ability to meet existing debt obligations.

Municipal market participants are confused, to say the least, about the Federal Reserve and its ability to buy long-term municipal securities. And there’s a good reason for the puzzlement.

More federal rescue moves are necessary for the nation’s largest mass transit system, according to the advocacy group Reinvent Albany.

Lee Igel, a professor at New York University's Tisch Institute for Global Sport, examines the ripple-effect economic impact, tangible and psychological, of sports cancellations due to the coronavirus. Paul Burton hosts.

Lawmakers granted Kevin Stitt authority to shift money where it's needed amid a coronavirus-driven fiscal crisis.

Only a skeleton service will remain for essential workers who need to leave home to do their jobs.

With Fed purchases on short end, more deals are showing up on the calendar and this week may become the testing ground for reopening the primary as participants gauge volatility and rates.

The central bank is creating a facility to provide financing to banks participating in the Small Business Administration’s Paycheck Protection Program.

Public finance advocates are focused on the reinstatement of advance refunding and higher limits on bank-qualified issuance.

Dale Folwell is recovering from the virus at home after spending five days in a North Carolina hospital.

With Atlantic City casinos closed, Fitch Ratings revised the outlook to negative from stable on Casino Reinvestment Development Authority bonds.

The corporate bond business appears to enjoy greater liquidity than tax-exempts, said Lee Deviney, executive director of the Texas Public Finance Authority.

Gov. Ned Lamont said the federal rescue package will provide some flexibility even as state deficits mount.

The coronavirus has ravaged nerves worldwide and spread its gloom into the financial sector. The U.S. municipal bond market is slipping into park from neutral as most issuers and underwriters await a better day.

While some types of revenue bonds may be less adversely affected than other types of revenue bonds, the entire market could see significant stress as the pandemic continues.

While some economists expect a V-shaped recovery, others say it will not be as sharp as the decline, and it could be years before output rises to pre-coronavirus levels.

S&P Global Ratings moved its outlook on Illinois' BBB-minus to negative from stable on "worsening economic conditions," an action that also impacted sales tax, convention center and sport facilities' bonds.

Lori Lightfoot's confident statements about the city's fiscal resilience aren't wholeheartedly shared by the muni buy-side as the coronavirus hurts the economy.

There will be more queasiness ahead of any calm in municipals as adjustments to the coronavirus-induced climate continue to test the market’s resolve.

Lawmakers approved a 2021 fiscal plan with mechanisms for spending reductions throughout the year because of economic headwinds caused by the COVID-19 pandemic.