Markets

The Empire State Manufacturing Survey showed "business activity rebounded strongly in New York State," the Federal Reserve Bank of New York reported Thursday.

The Port of Oakland has earned an upgrade from Moody's Investors Service.

The American Dream development in New Jersey, which broke ground in 2004, will have to wait a bit longer for financing as a $1.1 billion sale of unrated tax-exempt bonds to complete the project was delayed.

KeyBanc Capital Markets, the corporate and investment banking arm of KeyCorp announced today the appointment of Corey Whitbeck and Robert Campbell to its high yield sales team in Albany, New York, further expanding the firm’s capital markets group.

A $1.1 billion tax-exempt revenue bond deal for New Jersey's American Dream retail/entertainment complex did not price as scheduled.

The Chicago Transit Authority and Regional Transportation Authority are latest rating victims of Illinois political gridlock.

Those waiting for the bonds that will finance the long-awaited American Dream development in New Jersey will have to wait a bit longer as the big sale was delayed.

The value of business inventories fell 0.2% in April, as expected by analysts and predicted by an MNI calculation, while business sales were flat, a Commerce Department report Wednesday showed.

Municipal bond traders will see the bonds that will finance the long-awaited New Jersey megamall American Dream hit the market on Wednesday in an unrated sale that has garnered a lot of attention.

Retail sales in May came in below the month's modest expectations Wednesday, with a 0.3% decline, with nine major categories either flat or down.