Munis

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.

More will be clear once the state gets a full tally of receipts from the July 15 tax deadline, but a rocky road lies ahead in any case.

Federal authorities arrested Ohio House Speaker Larry Householder on charges he took bribes to support legislation that benefited bankrupt FirstEnergy.

Municipals were stronger on the short- and intermediate ends as long maturities held firm in quiet trading on Wednesday.

South Carolina-owned Santee Cooper must pay $200 million to ratepayers and impose a four-year rate freeze to end a suit over a failed nuclear reactor project.

UMB plans to focus on higher education with its initial thrust into advisory services.

Fitch downgraded the Ohio-based system to BBB-minus, leaving its rating at the lowest investment grade, matching ProMedica's Moody's rating.

Fewer fliers due to the coronavirus pandemic sparked a second downgrade to Port Authority of New York and New Jersey-issued bonds sold for Kennedy Airport.

Nassau County Executive Laura Curran's plan to offset a coronavirus-related deficit faces stiff opposition from the Republican-controlled legislature.

The study provides the first rigorous quantitative evidence supporting the widely held belief that the municipal bond industry benefits from the classification.

VRDO reset rates in California consistently were too high to be justified, a new filing contends.

The $3.7 billion measure would do more than just fix and replace schools. It could remedy an historic injustice, officials say.

Due to coronavirus and the resulting lockdowns and office closures, ridership on the commuter rail line linking San Francisco and San Jose is down about 95%.

The week ahead will see a variety of muni bond issues — from down South to up North, from green bonds to social bonds. Taxables are well represented.

A COVID-19-driven decline in lottery revenue led Oregon postpone a $302 million bond sale because the deal wouldn't meet an additional bonds test.

Several groups are arguing their case to keep their seats on a smaller board.

The Los Angeles lawyer founded her own firm and ran it for two decades before Polsinelli acquired it in 2011 to enter California. She retires in October.

New York issuers jump in for retail and Texas Transportation also makes an appearance as attractive low yields lure more issuers in. However, some participants say caution is warranted as the coronavirus spread widens in the South and West.

New York Federal Reserve President John Williams said the transition away from Libor “continues to be of paramount importance.”