The Latest

Yvette Shields
April 16, 2020 11:26 AM

The city faces the loss of $348 million of revenue because of the economic shutdown, threatening the balanced budgets it needs to avoid state intervention.

6 Min Read
Broken chains
J.W. Verret
April 16, 2020 11:07 AM

Lawmakers delayed the new accounting standard as part of the stimulus package, but they shouldn't let bankers persuade them to eliminate it outright.

4 Min Read
GASB logo at headquarters in Norwalk, Connecticut
Sean McCabe
April 16, 2020 10:49 AM

The Governmental Accounting Standards Board is proposing to delay the effective dates of provisions for all Statements and Implementation Guides by one year.

1 Min Read
Michael Moeser
April 16, 2020 10:36 AM

As millions of U.S. consumers are beginning to see stimulus checks electronically deposited into their bank accounts as part of the CARES Act, many companies are wondering how Americans will spend these funds.

1 Min Read
John Reosti
April 16, 2020 10:18 AM

The Small Business Administration stopped approving loans when the Paycheck Protection Program hit its cap.

5 Min Read
Dean Boyer
April 16, 2020 9:18 AM

Businesses need strong predictive analytics to prepare for the way back.

3 Min Read
John Adams
April 16, 2020 12:01 AM

IT projects are under scrutiny due to the coronavirus, not only in terms of budgets but also how fast firms can deploy automation for tasks such as business payments for companies that have turned to remote work.

3 Min Read
Kate Berry
April 15, 2020 9:30 PM

The agency is still moving forward on key regulations dealing with payday lending and mortgage underwriting despite new demands posed by the crisis.

5 Min Read
A contractor wearing a protective mask works on an automated people mover under construction in the central terminal area at Los Angeles International Airport (LAX) in Los Angeles, California, U.S., on Thursday, April 9, 2020. Passenger traffic has fallen about 95% compared with a year ago, according to the Transportation Security Administration. Photographer: Patrick T. Fallon/Bloomberg
By Jason Grotto
April 15, 2020 6:29 PM

Almost 1.2 million applications have been made since the launch of the program on April 3.

2 Min Read
Rich Saskal
April 15, 2020 5:59 PM

With coronavirus decimating the state's dominant industry of tourism, Moody's dropped Hawaii's rating outlook to negative.

1 Min Read