Coronavirus

A historic charter award defines a new beginning for digital banking, Varo Money becomes the first consumer fintech in US history to gain full regulatory approval to become a national bank

In their first bond election of the COVID-19 crisis, Oklahoma voters rejected several proposals, including $120 million in the city of Norman.

States are currently projecting revenue declines of 12% to as high as 40% in the current fiscal year.

A Government Finance Officers Association-led working group put out recommendations this week on timely and pandemic-related disclosure.

Municipal bond issuers in the Southeast sold $27.7 billion of debt, down 7% year-over-year as the region saw fewer big transportation and prepay gas deals.

New York City's comptroller wants the mayor to pull the executive order he issued in March, when the city needed to quickly purchase ventilators and other coroavirus-related equipment.

Federal Reserve Bank of Kansas City President Esther George, who has been among the most hawkish Fed policy makers, doesn’t oppose some overshooting of the central bank’s 2% inflation target and sees more risk of price pressures being too weak than too strong.

Michigan now pegs its three year coronavirus-related revenue losses at $5 billion but cautions that much remains unknown heading into 2021.

New Jersey Gov. Phil Murphy pitched a revised $32.4 billion nine-month 2021 fiscal year budget that hinges on billions of borrowing and newly enacted taxes to confront a coronavirus-induced revenue gap.

The region's municipal bond issuers borrowed $40.4 billion during the first half of the year as record low rates more than tripled refunding activity.

Trump's bare-bones campaign agenda released Aug. 23 promises to “build the world’s greatest infrastructure system.”

Nine major toll roads could generate more than $76 billion to help states deal with coronavirus pandemic costs.

Kevin McClure, an associate professor of higher education at UNC Wilmington, discusses how college residence hall projects funded through public-private partnerships face significant headwinds stemming from enrollment challenges caused by the COVID-19 pandemic. Andrew Coen hosts. (23 min)

The CTA heads into the market with an amended budget and warnings about the coronavirus pandemic's impact on its budget without a new infusion of federal aid.

Challenges containing the COVID-19 pandemic on college campuses have forced an increasing number of schools into online learning this fall, leading to revenue headwinds for the higher education sector.

This week's $800 million deal is the first of $3.5 billion to be sold by the end of 2023 allowing Michigan to beef up its road and bridge infrastructure.

The elite university is selling $300 million of taxable debt this week.

If a relief bill with state and local government aid is not passed by the end of September, some say it could be folded into continuing resolutions, which fund the government past its Sept. 30 deadline.

Recent inflation data suggests an expected pickup in inflation, but economists see a different picture.

Online-only charters could take some market share and revenue from districts and brick and mortar charters because of the shift to virtual learning.