Recovery will be more difficult because rates were low before the pandemic, Federal Reserve Bank of Boston President Eric Rosengren said.
Disney in late September said it would lay off 28,000 employees at California's Disneyland and Florida's Walt Disney World resorts.
Trump promised passage of a stimulus package after his presumed re-election, but later offered to sign separate pieces of the larger package that the White House walked away from.
Low oil prices and the pandemic slowed the Lone Star State's revenue stream.
Long Island county prepping $290 million offering while confronting a giant revenue shortfall.
Analysts say closer to 100% of issuers should be disclosing COVID-19 impacts, when in actuality, that number is much lower.
Fed Chair Jerome Powell said the government shouldn't worry about "overdoing it."
St. Louis heads into the market next week for a piece of its expansion financing while Indianapolis' project could receive final approval this week
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St. Louis heads into the market next week for a piece of its expansion financing while Indianapolis' project could receive final approval this week
October 6
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The transit authority, reeling from the effects of the coronavirus, takes another hit from Wall Street.
October 6
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Gov. Gretchen Whitmer signed a $63B fiscal 2021 budget into law last week that Moody's views as a credit positive for local governments.
October 5
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With its credit ratings intact after the economic blow from the pandemic, Dallas will go to market with $293 million of bonds.
October 5
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House Majority Leader Steny Hoyer, D-Md., told lawmakers to be prepared to return to Washington on 24 hours notice if a deal is reached.
October 2
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Moody's followed S&P in issuing a shot across the bow on coronavirus-driven threats to Illinois' ratings that are one cut away from junk.
October 2
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The Fixed Income Market Structure Advisory Committee will discuss the impacts of the pandemic on the muni market amid growing uncertainty.
October 2
