The Westin Lombard hotel and conference center in Chicago's suburbs dipped into debt reserves to cover operations after closing in response to the pandemic.

With its amusement parks and stadiums shut down the city, which is prepping a bond refunding, is bracing for an $18 million hit to tax revenues.

State lawmakers will return to Columbia for a two-day session that will also determine what to do with embattled state-owned utility Santee Cooper.

The Fed’s rates send a signal to the municipal market that it wants it to survive on its own.

An indefinite closure of New York retail businesses during the COVID-19 pandemic added credit pressure on revenue bonds issued for the state’s largest mall.

The COVID-19 pandemic got in the way of Salt Lake City International Airport's plans to issue bonds for the second phase of its $4.3 billion expansion.

High-grade trading Friday showed the disparate credit picture that investors are facing; they now need to dig deeper into municipal financials and the backstops on certain bonds.

Depending on recovery, state's deficit could soar to $126 billion.