The Latest

Business activity in New York contracted in June, as tariffs and a slight softening in the labor market took a toll on conditions.

Nearly $300 million of municipal debt sold 12 years ago to expand Central New York's Destiny USA shopping mall were dropped to junk-level Ba2 by Moody's Investors Service.

The FY 2020 budget adds $250 million in new reserves to the executive budget Mayor Bill de Blasio presented in April.

The water district in Washington County, Utah, is driving a plan estimated at up to $1.8 billion to bring water 140 miles from Lake Powell.

Former Fed Vice Chairman Stanley Fischer predicted President Trump won’t renominate Jerome Powell as central bank chair, undercutting the Fed’s autonomy.

Another big week lies in store for the municipal bond market, with a variety of big name issuers ready to sell bonds.

Solicitor General Fadwa Hammoud and special prosecutor Kym Worthy said they will expand the investigation based on new evidence.

Moody's is bullish on the state's budget and capital bills, less so on gambling expansion and recreational marijuana

Bids opened Thursday for construction of a new downtown Terre Haute Convention Center appear to be below an overall project estimate.

Alabama’s highest-ever education budget and Louisiana’s largest increase in a decade are both credit positive, Moody’s says.