The Federal Reserve is nowhere near to pulling back on its support for the pandemic-damaged U.S. economy, Chairman Jerome Powell signaled at his testimony before Congress on Tuesday.
The COVID-19 pandemic didn't delay the deal but it did influence the structuring of the new money and refunding deal.
Jonathan Bowles of Center for an Urban Future explores how New York City could benefit from a green public works program. He also calls for unlocking the potential of CUNY and improving the city's capital construction process. Paul Burton hosts (17 minutes).
Political uncertainty will elevate bond price volatility for those issuers more dependent on fiscal support. Still, the broader market will benefit from support for education, transportation, and healthcare sectors.
The rating agency called the commonwealth's proposed rainy day fund withdrawal moderate.
U.S. Treasury Secretary Janet Yellen and Federal Reserve Chair Jerome Powell appear wary of signs of froth in financial markets, even as they press ahead with economic stimulus measures that are elevating the euphoria.
Disneyland amusement park in Anaheim has been closed since March as California struggled to reduce its COVID-19 numbers.
Mainstreaming some emergency measures would provide the Department of Design and Construction more contracting flexibility, said first deputy commissioner Jamie Torres-Springer.
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Mainstreaming some emergency measures would provide the Department of Design and Construction more contracting flexibility, said first deputy commissioner Jamie Torres-Springer.
February 22
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Illinois Gov. J.B. Pritzker's budget proposal, rosier revenue estimates and the prospects of more federal aid are only short-term salve for the state's long-term fiscal strains.
February 19
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Lawmakers will vote next week on a relief package agreed to by the governor and legislative leadership.
February 19
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Federal Highway Administration officials have told the mass transit agency they would fast-track an environmental review process.
February 19 -
From the return of advanced refundings to a direct-pay bond option, Michael Decker and Brett Bolton highlight the work the Bond Dealers of America are focused on in 2021, and the challenges and ultimate resilience of the municipal market since the onslaught of COVID. Lynne Funk and Kyle Glazier host. (30 minutes)
February 18
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Indiana, Michigan and Ohio budget proposals benefit from a revenue picture that is more optimistic than feared earlier in the COVID-19 pandemic.
February 16
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School districts are likely to address learning loss with more spending on summer school, intensive tutoring, and afterschool programs.
February 12
