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Cost cutting is underway at central Florida's Orlando International Airport due to a steep decline in flights and passengers amid the coronavirus outbreak.
The Fed allowing use of munis as collateral in its MMLF program won't fix all the problems caused by COVID-19 and may add issues.
The annual accounting and finance event in Las Vegas has been delayed until an unspecified time "later this year" due to the ongoing coronavirus outbreak.
Senior leaders at the No. 1 IBD meet daily about the pandemic as large enterprises set their own continuity plans into motion with an eye toward ensuring operations.
Some market professionals were quick to say that the step would not be sufficient to soften the blows hammering the wider muni market.
The SEC answered questions regarding COVID-19 disclosure in a webinar Thursday and said there would not be relief for issuers' late annual financial filings.
The central bank said its program to support money market mutual funds will also serve as a backstop for state and local governments.
The majority of the economic disruption will occur in fiscal 2020, but the revenue impacts will extend into the first half of fiscal 2021, says Moody's Analytics Dan White.
The Ohio Democrat argued that the public wouldn't be able to meaningfully provide feedback on rules given the stressful circumstances related to the outbreak.