Coronavirus

New York City's dynamics include closing an estimated $9 billion revenue gap due to COVID-19 and the volatile matter of police funding.

The municipal market saw a $40 billion-plus month for the second time this year, as issuers flooded the market with bond sales during the month of June.

Federal Reserve Chair Jerome Powell stressed the importance of keeping the coronavirus contagion contained as the U.S. economy bounces back from its deepest contraction in decades.

A steadier market gave Wisconsin the opportunity to move last week on a long-stalled refunding that notably offered a forward delivery piece.

Citing market turmoil from the pandemic, a California conduit issuer gave the Virgin Trains USA project a five-month extension to sell $3.25 billion of debt.

Pending home sales appear to be reversing the coronavirus-related downturn.

Dallas-Fort Worth International Airport has $875 million of tax-exempt refunding deals coming up and a $`1.1 billion taxable refunding in the wings.

A Fed takeover of municipal lending is a weighty policy decision fraught with dangers that should not be inadvertently or capriciously back-doored into existence during a pandemic.

Already stung by a 2020 revenue hit of nearly $300 million this year, Cook County sees more budget pain related to the pandemic ahead

Municipal bonds finished mostly steady on Friday ahead of a $7.2 billion holiday week new issue calendar.

An infrastructure plan is a likelihood, in some form, since members of both parties favor it.

Proceeds will finance and refinance projects based on the benefits of ensuring inclusive and equitable quality education, officials say.

As some states see new coronavirus lockdowns, municipals maintain stalwart position.

Federal relief and the resumption of elective surgeries helped bolster hospital margins in May, according to a Kaufman Hall report.

Two Federal Reserve presidents say it's gotten harder to predict what will happen with the economy.

Rep. French Hill, R-Ark., said the SEC's temporary relief for MAs to facilitate some private placement deals without registering as a broker-dealer should not have been created through exemptive relief.

At least nine states have enacted across-the-board budget cuts in response to the sudden revenue shortfalls caused by the economic shutdown resulting from stay-at-home orders.

While reducing the FY21 spending plan to $87 billion, New York's mayor said he needs $1 billion in labor concessions or the city could lay off up to 22,000 workers.

The lawmakers argued in a letter to the Federal Reserve that suspending dividend payouts would be the "prudent course of action," allowing banks to build their capital cushions and continue lending during the coronavirus pandemic.

The state's flagship university returns to the market after S&P Global Ratings improved its rating outlook and Moody's Investors Service lowered it.