Mastercard CEO Ajay Banga says he is certain that science, medicine and innovation will lead the world out of the coronavirus pandemic, but there is little indication of when that will happen.
S&P Global Ratings changed its outlook on Chicago's BBB-plus rating to negative citing financial strains caused by the pandemic.
Groups representing dealer firms and issuers both weighed in positively Monday evening after the Fed’s afternoon decision that it will expand its Municipal Liquidity Facility in both scope and duration.
Fitch Ratings lowered its outlook on Hawaii's AA-plus rating to negative from stable, following a similar action by Moody's earlier this month.
Like their traditional peers, charter schools in the Southwest see the writing on the wall when it comes to future funding in a coronavirus-driven recession.
Where and how residents buy their alcohol in the commonwealth's control state system has resurfaced as a budgetary, policy and public-health dynamic.
Nevada was one of the last states to recover from the Great Recession
The state's tough budget position was underscored by an agreement with noteholders to extend a $750 million maturity while paying them higher interest.
In a voluntary market notice, Florida outlines its actions to address the public health crisis caused by COVID-19.
Due to the U.K.’s coronavirus lockdown, many British people are socially isolated in their homes, and rely on friends to get their groceries for them. They face the problem of how to reimburse people for their expenses, since cash is no longer acceptable.














