With its hotel and car rental tax support in tatters, the Harris County-Houston Sports Authority also received a negative outlook from Moody's.
The U.S. economy went into a defensive crouch as the coronavirus swept through the country.
ICI reported nearly $3 billion of outflows, which is foretelling that coronavirus-driven volatility still lingers even if the muni market has rallied by at least 60 basis points since early-April high yields.
Los Angeles County was entitled to $1.7 billion but will lose $696 million that goes back to the state capital in Sacramento.
Coronavirus takes its toll on business and sales activity around the states and across the nation.
A Florida utility continues to pursue a lawsuit against a public power agency with a stake in the Plant Vogtle project.
The FAA announcement came several hours before the Treasury Department said it has reached loan and grant agreements with major passenger air carriers.
The two active municipal bond insurers insured $4.83 billion in the first quarter of 2020, an uptick from the $3.62 billion of wrapped deals done in the first three months of 2019. The year-over-year increase in the sector is noteworthy given that the primary market was shuttered for weeks in March due to the coronroavirus pandemic.
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The U.S. economy went into a defensive crouch as the coronavirus swept through the country.
April 15 -
ICI reported nearly $3 billion of outflows, which is foretelling that coronavirus-driven volatility still lingers even if the muni market has rallied by at least 60 basis points since early-April high yields.
April 15 -
Los Angeles County was entitled to $1.7 billion but will lose $696 million that goes back to the state capital in Sacramento.
April 15 -
Coronavirus takes its toll on business and sales activity around the states and across the nation.
April 15 -
A Florida utility continues to pursue a lawsuit against a public power agency with a stake in the Plant Vogtle project.
April 15 -
The FAA announcement came several hours before the Treasury Department said it has reached loan and grant agreements with major passenger air carriers.
April 15 -
The two active municipal bond insurers insured $4.83 billion in the first quarter of 2020, an uptick from the $3.62 billion of wrapped deals done in the first three months of 2019. The year-over-year increase in the sector is noteworthy given that the primary market was shuttered for weeks in March due to the coronroavirus pandemic.
April 15