Of $10 billion allocated in the CARES Act, public airports can use $7.4 billion for any lawful purpose, including the payment of debt service.
NABL suggested that the federal government be allowed to purchase new issues of tax-exempt bonds.
AA-rated Las Vegas saw its outlook revised to negative by S&P Global Ratings with casinos shuttered and visitors absent.
While experts predict rates will not stay at zero lower bound as long as after the financial crisis, they don’t see a hike for years.
The Internal Revenue Service is postponing the date for filing gift tax and generation-skipping transfer tax returns and making payments until July 15 because of the novel coronavirus pandemic.
We are on new ground with the coronavirus pandemic, and we need to adapt as much and as quickly as possible.
The bi-state transportation agency's executive director, Rick Cotton, recovered from virus than three weeks after testing positive.
As social distancing related to the coronavirus complicates work for appraisers, real estate agents and construction lenders, professionals turn to technology and, in some cases, ask consumers to pitch in.
Bond-financed student housing was already facing headwinds when the COVID-19 crisis sent most tenants home.
The gig economy flourished in part for its ability to get timely payments to workers. Uber and Lyft, for example, offer express payments to drivers who need to use those funds to refill their gas tanks before picking up the next rider. But these payment innovations mean very little when there isn't sufficient money flowing into the system.