The Latest

Maura Healey's budget plan for fiscal 2025 features more money for the Commonwealth Transportation Fund, which would increase its bond capacity by $1.1 billion.

The prospect of three consecutive negative total return years and a GAO ruling giving congress the power to review the DoT's multimodal discretionary grant funding opportunity are two of the recent developments coming out of Washington, D.C.

The state faces slower job growth after gains in the previous three years outpaced the nation, according to the Dallas Federal Reserve's Texas economic outlook.

If the appeals court overrules parts of her decision, Judge Swain said she is "capable of adapting and reacting appropriately."

The muni market will see "continued strength," said Wesly Pate, senior portfolio manager at Income Research + Management, largely due to a a dearth of new-issue supply.

Mallen will take over CFO duties from Amy Potter, who has been serving a dual role as CFO and deputy chief executive officer since December 2022.

The sale of the bonds allowed ACTA to reshape its debt service profile and avoid projected debt service shortfalls by refunding into capital appreciation bonds and extending maturity dates.

A plan to build a new arena in Virginia accommodating two major league sports faces opposition both locally and from the teams' current home in Washington.

A new regulation requiring state and local transportation departments to reduce greenhouse gas emissions would limit spending flexibility, opponents say.

Oklahoma is on a roll, notching its third positive rating outlook since July with the latest move coming from Fitch Ratings.