Robert Kelchen, a higher education finance professor at Seton Hall University, discusses near-term challenges facing U.S. colleges as they grapple with revenue hits from the COVID-19 pandemic. Andrew Coen hosts.

Some investors expressed concern over the market‘s muted reaction to the country’s depth of effects over the current crises.

Treasurer John Schroder, a Republican, has battled with Louisiana's Democratic governor over the funds for the past two years. He has said he will appeal.

Maine is planning a $119.4 million bond sale this week to improve roads, broadband, senior housing and public colleges.

Cities and counties of fewer than 500,000 are seeing a fraction of the reimbursements for coronavirus spending that their larger counterparts received.

Tightening spreads and low yields ended the month as demand for municipal bonds is expected to overwhelm $6 billion in volume heading to the primary.

Consumer spending plunged while the Chicago Business Barometer fell in May.

Bond volume was 4.2% lower than it was a year ago but increased from March and April’s low totals.