No new negotiations are on the horizon as Washington lawmakers prepare to take a one-week hiatus from their lame-duck next week for Thanksgiving.
Jobless claims rose and existing home sales surged, underscoring the uneven and sporadic nature of the COVID-19 pandemic recovery.
MTA officials revealed dark budget-and-service cut scenarios and Mayor Bill de Blasio closed in-person public schools, actions likely to ripple through the city's economy.
The bill would increase the federal share cost of disaster relief for the COVID-19 pandemic to 100% from 75%. It is unlikely to pass in the Senate.
Two vaccines seem effective and nearly ready for use, spurring talk of a return to normal.
The strong demand amid a dearth of new municipal issuance by states and a reach for yield also allowed New Jersey to skip a planned taxable portion and officials announced it would not need to access the Fed's Municipal Liquidity Facility.
October retail sales rose less than forecast, and with a new wave of rising infections, analysts worry that lost jobs and increased restrictions could hurt sales going forward.
The state's backlog of unpaid bills will grow to $35 billion by 2026 if it doesn't make any structural budget fixes, according to a new forecast.
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The state's backlog of unpaid bills will grow to $35 billion by 2026 if it doesn't make any structural budget fixes, according to a new forecast.
November 17
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The authority is altering many of its operations and organizations, including exploring public-private partnerships and renewable energy resources.
November 17
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Such moves could reduce costs by up to $180 million in present-value savings, Joe Torsella said.
November 17 -
The state has been coping with the economic fallout of COVID-19 and a burgeoning second wave that is expected to challenge the commonwealth’s finances and burden its healthcare system.
November 17
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Municipals were steady to stronger ahead of $11.5 billion of supply as requests for new municipal bond identifiers surged almost 40% last month.
November 16
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A federal judge has set a Feb. 10 deadline for the Oversight Board to file “an informative motion presenting a term sheet disclosing the material economic and structural features of an amended plan of adjustment.”
November 16
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Local governments are facing calls for tax relief as the pandemic slows the economy and they implement property tax reform legislation.
November 16
