Coronavirus

John Adams
March 27, 2020 12:01 AM

Transit systems are suffering a dramatic loss in ridership, and must find a way to welcome back riders after the coronavirus pandemic ends, since many commuters will have canceled their monthly passes.

4 Min Read
Ann Marsh
By Ann Marsh
March 26, 2020 6:15 PM

Too many advisors push clients “to do things, rather than listening and empathizing and inspiring them,” says the founder of the Kinder Institute for Life Planning.

7 Min Read
John Reosti
March 26, 2020 3:37 PM

No online lenders are approved for the agency's traditional programs, but they could make loans under the COVID-19 stimulus package if they get special approval.

3 Min Read
FASB, GASB and FAF logos on the wall at headquarters in Norwalk, Connecticut
Michael Cohn
March 26, 2020 3:10 PM

The $2.2 trillion package passed by the Senate includes a provision that would allow banks the temporary option to postpone compliance with the credit losses standard.

6 Min Read
March 26, 2020 2:49 PM

"Like all businesses, we are operating in a period of uncertainty which may last several months," Virgin Trains/Brightline President Patrick Goddard said.

4 Min Read
LAUSD Superintendent Austin Beutner
March 26, 2020 2:32 PM

The Los Angeles and San Diego school districts warned that extraordinary costs mean their budgets may not balance.

7 Min Read
GASB logo at headquarters in Norwalk, Connecticut
Michael Cohn
March 26, 2020 2:15 PM

The Governmental Accounting Standards Board is considering delaying the effective dates of its standards and implementation guides because of the novel coronavirus pandemic.

1 Min Read
John Adams
March 26, 2020 2:02 PM

Payments technology is a relative bright spot as coronavirus’ economic fears hit venture capital, since an emergency can be a catalyst for early-stage innovation designed to ease digital commerce.

3 Min Read
“As consumers seek temporary relief from lenders, the pandemic is impacting the operations of financial companies that are eager to help their customers during this unprecedented time,” CFPB Director Kathy Kraninger said.
Kate Berry
March 26, 2020 1:47 PM

The reprieve from mortgage data collection was among several changes to the agency’s supervisory and enforcement procedures to help firms responding to the COVID-19 pandemic.

2 Min Read
Andrew Coen
March 26, 2020 1:12 PM

A shutdown of large public gatherings due to virus's pandemic cost the Manhattan cultural organization its investment grade rating.

3 Min Read