Coronavirus

Arlington, Texas, has weathered the pandemic with its ratings intact as it awaits the return of tourists and sports fans.

Lottery revenues, used to cover a chunk of the state's pension payment, will fall about $163 million short.

Major deals that produced record savings have enhanced the firm's credentials among municipal bond senior managers in Texas.

The next stimulus package will help municipalities and those who are struggling the most, but won't be as generous as the first package, economists predict.

The bond lawyer group's No. 1 suggestion is to loosen the rules governing state and local government borrowing for working capital.

A 16-year-old bond case reemerged to play a central role in Republican efforts to halt Gov. Phil Murphy’s $9.9 billion borrowing plan.

The Puerto Rico oversight board warned that without restructuring, PREPA faces about $4.5 billion of legacy debt service obligations in the next five years.

Dallas-Fort Worth International Airport's second major refunding saw results similar to the first, paving the way to a $1.1 billion deal next week.

A Republican-led Senate and White House proposal that was circulating among lobbyists earlier this week indicated the major benefit for local governments would be new language providing greater flexibility for Coronavirus Relief Fund grants.

Market participants say issuer coronavirus disclosures have stagnated due to tax season and issuer fears of future legal ramifications.

The revenue forecast for Virginia’s new spending plan is expected to be revised due to economic impacts caused by the pandemic.

Cyberattacks are increasingly likely as more government employees work from home due to the coronavirus pandemic, analysts said.

Hospitals margins could sink to unsustainable negative levels in the last half of the year, according to forecasts.

Even with more federal rescue aid, which is hardly a given, the Metropolitan Transportation Authority may have to resort to deficit borrowing.

Chuck Peck, head of public finance investment banking at Wells Fargo, discusses how COVID-19 has changed the municipal bond market. Aaron Weitzman hosts.

With prospects of federal aid waning, an $8 billion revenue gap will leave the the state government and Gov. Andrew Cuomo few attractive options.

The National League of Cities is focused on college towns as part of its effort to persuade the Senate to provide $500 billion to local governments.

The Detroit City Council agreed to put Mayor Mike Duggan's revised $250 milliot bond proposal on the November ballot after nixing his original plan last year.

The commission approved the borrowing amid projections of a $153 million budget shortfall for fiscal 2020 due to COVID-19.

The pandemic has magnified the woes of New York City’s public hospital system — long a problem unit — the comptroller said.