President Donald Trump announced early Friday that he and First Lady Melania Trump had tested positive for COVID-19, shortly after one of his closest aides, Hope Hicks, had fallen ill with the coronavirus.
Bond analysts and budget watchdogs say the move underscores the need for the de Blasio administration to look within for efficiencies, even if it receives more federal or state help.
The rating agency lowered GO and other credits, citing the effects of the coronavirus.
The Manhattan cultural organization's credit rating may not suffer after it cancelled its 2020-21 season because of employee cost savings from furloughs and contract adjustments, analysts said.
Legislation signed into law Thursday keeps the government open and federal transportation funding flowing.
Kim Olsan, senior vice president at FHN Financial talks with The Bond Buyer's Lynne Funk about trading the municipal market in the COVID era. Olsan trades the short- and intermediate but she has some thoughts about high-yield and taxables as well. (36 minutes)
New revenue from a graduated tax without an accompanying long-term plan to tackle the state's fiscal woes won't solve them, the Civic Committee of the Commercial Club of Chicago warns.
The municipal market's volume registered its fourth consecutive month of greater-than-$40 billion and the largest on record total for the month of September.
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The municipal market's volume registered its fourth consecutive month of greater-than-$40 billion and the largest on record total for the month of September.
September 30
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The nation's largest not-for-profit healthcare system by acute care revenues is evaluating a fourth quarter sale.
September 30
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The U.S. labor market is slowing after an initial strong rebound from the coronavirus-induced downturn and policymakers will be challenged to engineer a full recovery in employment, Federal Reserve Bank of Richmond President Thomas Barkin said.
September 30
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Bond restructurings are expected to save Virginia's public colleges and universities $300 million by deferring debt service payments for two years.
September 30
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A larger green bond market will help the municipal market and state and local governments.
September 30
Build America Mutual -
In a federal complaint, they accuse the fund manager of increasing risky bets while the market was imploding from the coronavirus pandemic.
September 30
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Atlanta airport bonds and a Puerto Rico housing issuer were some new offerings of note on Tuesday.
September 29
