Mar 16, 2020

What the Fed is up to

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Markets are falling again this morning, even with a big move to boost the U.S. economy in the face of COVID-19. What do municipalities' rainy day funds look like right now? Severe drops in public transit ridership.

Stories From this episode

COVID-19

With COVID-19 slowing local economies, cities and towns may need to tap rainy day funds

Mar 16, 2020
Municipalities may find their tax revenues declining.
After years of a strong economy, how are cities' and towns' rainy day funds doing?
Mario Tama/Getty Images
COVID-19

COVID-19 could stress mass transit budgets

Mar 16, 2020
The San Francisco Bay Area’s transit system says it’s losing $500,000 a day in lost fares.
Ridership is down during the coronavirus.
Johannes Eisele/AFP via Getty Images

Music from the episode

Overtime Nipsey Hussle

The team

Nicole Childers Executive Producer
Victoria Craig Producer, BBC
Jonathan Frewin Producer, BBC
Daniel Shin Producer
Brian Allison Engineer
Alex Schroeder Digital producer
Meredith Garretson Producer
Rose Conlon Producer
Michael Lipkin Producer

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