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Mayor Eric Garcetti announced plans to furlough thousands of city employees because of coronavirus-driven shortfalls.
April 20 -
New York's mayor announced sharp cuts, a draw on reserves and a call for further assistance from Washington.
April 16 -
Michael Rowan, CFA, managing director of global public, project and infrastructure finance at Moody’s Investors Service, talks about how COVID-19 is affecting the rating process. John Hallacy hosts.
April 16 -
Moody's Investors Service revised the Pennsylvania regional health system to negative citing revenue risks from COVID-19.
April 8 -
Marshall Medical Center in Placerville was cut to BB-plus.
April 7 -
Arlene Bohner has been named Fitch's head of U.S. public finance and will report to Laura Porter.
March 24 -
Controversy over state borrowing levels and how to backstop COVID-19 measures surrounded a two-year, $4.7 billion bond authorization bill that Gov. Ned Lamont signed.
March 16 -
Cash-flow struggles amid sharp tuition revenue declines the past few years placed the Philadelphia private college on the verge of another credit downgrade one year after its rating was dropped into low investment grade territory.
March 5 -
Health care facilities have a high risk of cyberattacks compared to medium low risk for local governments and school districts, according to Moody’s
March 3 -
The city's sustained financial health is attracting private investment and enabling it to fund neighborhood infrastructure needs, Mayor Bill Peduto said.
February 26