COVID-19

In the first half of the year, private-sector jobs in the Big Apple surpassed pre-pandemic levels as payroll gains outperformed the national growth rate. However, Mayor Adams says there is one big problem that "will destroy New York City."

Municipalities are facing a deadline to obligate COVID-relief money.

Nonprofit assisted living and nursing home bonds continue to be under stress, with defaults and impairments on the rise.

More than 80% of Michigan's larger cities said they are using ARPA funds for capital improvements like buildings and parks.

The $350 billion of flexible relief funding sent directly to cities, towns and states under the American Rescue Plan Act will remain untouched under the new debt deal.

The CTA is looking for the state to boost operating funds to help solve a looming $400 million annual shortfall.

The key question for issuers will be how lawmakers decide which funds are protected and which are open to being rescinded.

"The funds made available to local governments in the American Rescue Plan Act have been a lifeline to our nation's communities," said National League of Cities CEO Clarence Anthony.

The House Republicans proposal to avoid a debt limit default relies on spending cuts and "capturing" unspent COVID aid.

As it tracks the spending of $4.6 trillion of pandemic funds, the GAO is also reviewing what some Republicans deem improper use of the funds by cities and states.

The Office of Recovery Programs Contact Center helps municipalities with American Rescue Plan Act funding questions.

Inflation continues to wreak havoc on new construction rental projects that are still in the pipeline.

The Eleventh Circuit Court of Appeals has issued an opinion that blocks Treasury from enforcing the "tax cut ban" against 13 states.

The complex restructured its debt through bankruptcy in 2018 but COVID-19 knocked its recovery off track.

Treasury's move is the latest by the federal government to enforce its Offset Provision that bars states from using ARPA funds for tax cuts.

A panel discussion hosted by the Volcker Alliance explored the future of American cities

Transportation sectors from airports to toll roads are expected to remain stable despite a likely recession and high inflation and interest rates, ratings analysts said.

Missouri's challenge to the law that prohibits pandemic aid funding being used for tax cuts won't get a hearing.

This dismissal won't affect the state's other lawsuit against the Biden administration's clawback of pandemic relief funds for state tax cuts

Daniella Levine Cava, Mayor of Miami-Dade County, Florida, talks with Chip Barnett about the county's robust economy as it recovers from the COVID-19 pandemic. She talks about how the seaport and airport are booming and looks at some challenges ahead such as environmental and housing issues. Taped live in Miami on Dec. 7. (10 minutes)