Coronavirus Impact
Coronavirus Impact

Federal grants for the 10 transit systems with the highest ridership will cover their funding shortfalls an average of 5.4 to 8.3 months, according to a new estimate.

April 28
3 Min Read
Jerome Powell

The Federal Open Market Committee meeting that began Tuesday will be unique because rates remain at the zero lower bound and the Fed has taken many actions to ensure smooth markets since the economic shutdown to contain the coronavirus.

April 28
2 Min Read

S&P Global Ratings changed its outlook on Chicago's BBB-plus rating to negative citing financial strains caused by the pandemic.

April 28
7 Min Read
Les Richmond

The ultimate impact of the bear market on pension risks is likely to vary widely among issuers, making granular analysis more important and valuable.

April 28
5 Min Read
BB-podcast-new-mic

William Glasgall of the Volcker Alliance explores deficits, budget cuts, rainy-day funds and borrowing options amid the COVID-19 pandemic. Paul Burton hosts.

April 28
1 Min Read

Groups representing dealer firms and issuers both weighed in positively Monday evening after the Fed’s afternoon decision that it will expand its Municipal Liquidity Facility in both scope and duration.

April 28
4 Min Read

Moody's Investors Service said public utilities may see declining coverage ratios as they suspend disconnects and offer discounts.

April 27
3 Min Read

The system's offering statement presents a detailed picture of the pandemic's impact so far.

April 27
6 Min Read
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