Infrastructure

The New York region's beleaguered transportation agency could need up to $92 billion for its next capital plan, said State Comptroller Thomas DiNapoli. 

Full Moon Capital will focus on mid- and smaller-sized specialty credits that are looking to grow.

It's the latest proposal for a type of national infrastructure financing structure in lieu of the municipal bond market.

Iowa has the largest number of poor bridges, followed by Pennsylvania and Illinois.

Subsidence has delayed completion of the new Belle Chasse Bridge, a project led by one of the developers of the $2.3 billion Calcasieu Bridge project.

The Dallas-Fort Worth region toll highway owner and operator aims to rake in savings from the deal as it expects to cash fund a $2 billion capital plan.

The bank was one of 225 credits Moody's placed on review for possible upgrade July 25 when it released a revised rating methodology.

The House bill supported by the coalition would allow municipal bond holders to transfer the securities to the bank in exchange for stock.

Property taxpayers want a state court to order the city to reduce its 2024 tax levy by $187 million earmarked for a now-downsized mass transit plan.

The Fed's expected September rate cut will "make market conditions more conducive to moving projects forward" said Dodge Construction Network's chief economist Richard Branch.