The municipal market's volume registered its fourth consecutive month of greater-than-$40 billion and the largest on record total for the month of September.
The nation's largest not-for-profit healthcare system by acute care revenues is evaluating a fourth quarter sale.
The U.S. labor market is slowing after an initial strong rebound from the coronavirus-induced downturn and policymakers will be challenged to engineer a full recovery in employment, Federal Reserve Bank of Richmond President Thomas Barkin said.
Bond restructurings are expected to save Virginia's public colleges and universities $300 million by deferring debt service payments for two years.
A larger green bond market will help the municipal market and state and local governments.
In a federal complaint, they accuse the fund manager of increasing risky bets while the market was imploding from the coronavirus pandemic.
Atlanta airport bonds and a Puerto Rico housing issuer were some new offerings of note on Tuesday.
New Jersey's $32.7 billion budget for its shortened nine-month fiscal 2021 includes the state's largest reserve levels in more than a decade as a backstop for revenue hits that may result from a possible second wave of coronavirus.
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New Jersey's $32.7 billion budget for its shortened nine-month fiscal 2021 includes the state's largest reserve levels in more than a decade as a backstop for revenue hits that may result from a possible second wave of coronavirus.
September 29
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“What purpose do reserves serve if we don't utilize them in times when you have a problem?” one alderman asked.
September 29
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The package includes $436 billion for state and local governments, $225 billion for education, $32 billion for transit emergency relief, and $13.5 billion for airports.
September 29
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East Providence Mayor Bob DaSilva and Planning Director Bill Fazioli tout the Rhode Island city's initiatives, including brownfield site conversions. Paul Burton hosts. (18 minutes)
September 29
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Even with revised estimates amid the pandemic, year-over-year revenue collections in Florida were down 4.6% in August compared with 2019.
September 28
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The North Texas Tollway Authority's $758.3 million refunding will provides short-term principal relief after the coronavirus caused lost toll revenue.
September 28
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Chicago's $1.2 billion airport refunding will smooth out fiscal operations through next year amid a massive decline in airline travel.
September 28
