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The cash-strapped state’s public-private partnership will pay for a fixed-span bridge to replace an aging lift bridge and tunnel in Belle Chasse.

Judy Shelton, a conservative economist whom the Trump administration is considering for a vacancy on the Federal Reserve, said the central bank should avoid restraining growth while the U.S. is engaged in a trade war with China.

The Portland Diamond Project will get up to six more months to study a Northwest Portland marine cargo terminal as a potential baseball stadium site before it has to commit.

The markets have priced in a Federal Reserve rate cut this year, with the likelihood of a September reduction rising to 62% on Wednesday from a 50-50 shot on Tuesday and about a 91% of a 25 basis point cut by yearend.

The authority says the site will help investors access credit fundamentals.

Representatives of minority- and women-owned small banks from around the country met to discuss how to expand business opportunities.

Luke Dobbins of the Bank of Cherokee County, Oklahoma, explains why a Native-American owned bank is helped by MWBE University.

Paul Mak of Banco Popular says it can be a challenge for some banks to make money in low- to moderate-income areas.

Alisha Fulcher of East West Bank says her bank looks forward to partnering with NYC and creating a bigger impact in the communities it serves.

A surplus this coming fiscal year will be used in following years for debt and pension payments, Executive Director Natalie Jaresko said.