Economy

The Federal Open Market Committee lowered the fed funds rate target to between zero and ¼% in an emergency meeting on Sunday, but while analysts say the move was needed, they feel it will take more to offset the effects of COVID-19.

Nuveen, Friedlander, BofA offer some recommendations on COVID-19 credit and sector impact.

The agreement would end current and future litigation by class members over the South Carolina utility’s failed nuclear project.

Gov. John Bel Edwards kicked off Louisiana's legislative session by asking lawmakers to share accurate details about the coronavirus with constituents.

S&P Global Ratings is postponing a March 31 forum on public housing bonds due to concerns about the outbreak of COVID-19.

The Metropolitan Pier and Exposition Authority updated its latest offering statement to warn of the risk posed to its bottom line as did two systems with upcoming deals.

Sources say action on the SEC's proposed exemptive order has slowed, though it could garner attention at next week's conference.

Dan Scholl, head of municipal fixed income at Wilmington Trust, views munis as inefficient and retail oriented. However, he maintains credit has never been better. In managing $5 billion of assets in high-grade SMAs, he finds value in housing, healthcare and IDBs. John Hallacy hosts.

Express lanes are the latest target for the anti-toll lawmakers tolls who last year tried to tie the hands of the Miami-Dade County Expressway Authority.

The National Museum of American Jewish History in Philadelphia filed for Chapter 11 this week, burdened by debt sold to construct its building.

More than $1 billion of taxable and tax-exempt issuance is planned.

As transportation referendums loom, a case study shows the dos and don'ts of organizing a campaign.

Policymakers may not wait until their mid-month meeting and could act with other central banks.

The longtime muni lobbyist is now BDA's vice president of policy and research, after having played a less formal role over the past year.

SCE&G, and former SCANA executives, violated securities laws while overseeing the defunct V.C. Summer project, the SEC said.

Moody's Investors Service revised the outlook on Hurley Medical Center's Ba1 rating to positive from stable ahead of a $52 million sale.

Judge John Cooper told the Florida Department of Transportation to increase Garcon Point Bridge tolls after FDOT failed to follow his order to do so in December.

GDP, jobless claims, pending homes sales rise while durable goods orders decline.

Metropolitan Transportation Authority Chairman Patrick Foye blames Washington for "recalcitrance" over the Manhattan tolling plan.

Covenant's issuing tax-exempt debt to retire some variable-rate, term loan bank debt and taxable bonds to fund construction of a rehabilitation facility.