The Latest

Mayor Lori Lightfoot tapped aviation finance chief Reshma Soni for comptroller and elevated debt manager Jack Brofman to deputy CFO.

Fitch Ratings on Monday assigned a BBB rating to $264 million of private activity bonds to fund an extension to Virginia’s 95 Express Lanes.

The U.S. Energy Information Administration estimates there are 990,000 electric vehicles on the road this year and that number will grow to 1.5 million next year and 2.17 million in 2021.

The market will look for clues about monetary policy when Fed Chair Jerome Powell testifies before Congressional panels this week.

Consumers see inflation rising 2.7% in the next three years and expect the Fed to cut rates, according to the Federal Reserve Bank of New York’s June Survey of Consumer Expectations.

Mount Vernon Mayor Richard Thomas pleaded guilty to stealing $13,000 in campaign funds and failing to disclose a $4,000 payment from his campaign committee.

New York’s five-year capital plan may contain long-term risks from the state's increased reliance on borrowing, according to State Comptroller Thomas DiNapoli.

Facing its third hurricane season since Harvey devastated the coastal region, Texas is investing billions of dollars to protect vulnerable cities and counties from flooding.

The deal refunds bonds issued for projects at its Whiting, Indiana, refinery.

Poor returns piled another $2 billion onto Chicago's pension tab, but it won't add to the already $280 million contribution spike looming next year, according to its new CAFR.