Local governments gain new bond capacity to offset COVID-19-related losses after Gov. Phil Murphy signed a bill revised after he vetoed the original measure.
Although there was moderate growth of activity in the economy, continued volatility and uncertainty gives some cause for concern about the overall outlook.
Chicago Mayor Lori Lightfoot's administration is weighing more debt refinancing, layoffs and tax hikes to fully close the budget gap
How will competing demand and supply shocks will influence inflation, the value of our currency and our prominence on the international stage?
Municipal bond volume kept rolling in August, producing the second-highest volume for the month in the past decade, marking the third consecutive month this year of greater-than $40 billion.
St. Louis and Indianapolis are both eyeing debt financings to expand their convention centers.
The refinancings will ease near-term debt service pressures as pledged tax revenue tumbles and convention center business remains halted with uncertain near-term prospects.
The pace of recovery will not only be fragmented, but will take a lot longer than originally thought, according to Raphael Bostic, Federal Reserve Bank of Atlanta president.
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The pace of recovery will not only be fragmented, but will take a lot longer than originally thought, according to Raphael Bostic, Federal Reserve Bank of Atlanta president.
August 31 -
About 30 million Americans risk being evicted in coming months because they can’t pay rent, one report says.
August 31 -
The university and its health system are experiencing the biggest shortfalls ever, president Thomas Katsouleas told Connecticut lawmakers.
August 31 -
The governor said the group will craft recommendations to build economic resiliency and curb costs to prepare for a post-coronavirus future.
August 31 -
Street space has become the new battlegrounds as municipalities, with fewer resources, look to reimagine themselves.
August 28 -
The Chicago Board of Education warns of tough spending decisions ahead if the federal government doesn't act on a new stimulus/relief package.
August 27 -
Municipal issuers in the Far West sold $38.7 billion in bonds during the first six months of 2020, 8.8% more than they did the year before.
August 27