Coronavirus

The mass transit agency is staring at a prolonged fiscal calamity with further federal support at a standstill and its $51.5 billion capital program in jeopardy.

Student housing projects financed through public-private partnerships face a far more lethal blow if the coronavirus pandemic prevents college campuses from opening this fall.

With states opening back up, economists look at the recovery and how another wave of coronavirus would affect the economy.

As officials in the tourism-dependent county prepare for a resurgence of tourism as attractions reopen, they are also dealing with a surge of COVID-19 cases.

Municipal market participants assume there will be more volatility in the market in the months to come and that the federal government may need to up the ante on some of its current programs.

Uneasiness about the markets and the RPF process during coronavirus pushed the transit authority's oversight board to retain the commuter rail operator.

The National League of Cities and other groups such as Moody’s Analytics are warning that a nationwide economic recovery will be at risk of stalling if Congress fails to provide more aid.

Bond analyst Joseph Krist examines the types of debt most vulnerable to the coronavirus hit. He also discusses the Federal Reserve's Municipal Lending Facility. Recorded June 10. Paul Burton hosts.

The governor largely agreed to abandon the steep cuts he proposed in his revised budget,.

The ratings on the Louisville, Kentucky's KFC Yum! Center bonds were lowered to BBB-plus by S&P because of expected operational difficulties.

The program enables public colleges to enter into P3s but experts said the program is likely on hold because of COVID-19 uncertainties.

Most consolidated rent-a-car facility debt is structured with solid debt service reserves, a cushion for investors after the coronavirus halted travel.

The Economic Development Bank for Puerto Rico estimate for economic activity for fiscal 2019 overall, though, was raised.

San Francisco's ratings, economy challenged by coronavirus

The supplemental spending bill is unorthodox in normal times yet an increasingly common tactic among states during the coronavirus pandemic.

Federal Reserve Vice Chairman Richard Clarida said the U.S. central bank is prepared to take additional steps to support the economy through the damage caused by the coronavirus.

A second wave of coronavirus cases in the fall will probably push the U.S. unemployment rate higher again, Federal Reserve Bank of Minneapolis President Neel Kashkari said on Twitter.

The House's Invest In America Act is part of a larger infrastructure package that includes sought-after bond provisions.

With low inflation and high unemployment, the Boston Fed president said the economy will likely need more monetary and fiscal policy support.

Saddled with debt and its revenues now pummeled by the coronavirus, the agency faces a possible lawsuit over the austerity-related toll collector layoffs.