Coronavirus

Issuers say extending the deadline is helpful, but they still need more flexible funding such as the ability to use federal aid to replace lost revenue.

Without giving a reason, Florida’s bond-funded passenger rail developer severed ties with Virgin and said the train system’s name will revert to Brightline.

The move will enhance economic recovery from the coronavirus, the rating agency said.

On Tuesday, the Federal Reserve reduced interest rates in its Municipal Liquidity Facility by 50 basis points in each credit rating category.

They cited recent waves of COVID-19 in rural and farmland areas and the success of mass transit overseas at containing the spread.

The Federal Reserve reduced the interest rate spread on MLF tax-exempt notes by 50 basis points for each credit rating category.

Federal assistance in the next relief package is crucial for the largest statewide public transportation system’s financial health in 2021, the senator said.

California's second-largest district says it will apply stricter standards than the state's when in-person learning does resume.

The $141 million deal from Equitable School Revolving Fund and being run by RBC Capital Markets consists of national charter school revolving loan fund revenue bonds.

Producer prices final demand exceeded expectations by two-times over, while small business optimism shrunk.