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The state's experience shows how competition for funding has shifted away from traditional schools, S&P Global Ratings says in a new report.

As expected the Federal Open Market Committee left rates at a range of 1.5% to 1.75%, with no officials dissenting, and the updated forecasts call for rates to remain there through 2020.

Ron DeSantis appointed new Florida Development Finance Corp. board members; a bill has been introduced to place the issuer under the auspices of another state agency.

More than 50 groups and businesses formed the ‘No Roads to Ruin Coalition’ to begin a statewide campaign opposing the three highways.

The Federal Reserve’s banking regulation chief granted that Wall Street may have been right that the agency shares blame in September’s alarming strain in money markets.

Debbie Mayfield cites an increasing number of fatalities where Virgin Trains operates between Miami and West Palm Beach.

Federal Reserve Board Gov. Lael Brainard presented her alternative to quantitative asset purchases.

Federal Reserve Chairman Jerome Powell struck an upbeat tone in gauging the ability of policy makers to extend the record U.S. economic expansion, while signaling interest rates would probably remain on hold.

The Division of the Budget said escalating Medicaid costs are the main reason for the projected shortfall.

NYC's November plan is up $1.6 billion, or 1.7%, from the June budget.

The repeal will help states and cities move forward with bonding and future projects, especially as spring construction season is around the corner.

Bank of America Chief Executive Officer Brian Moynihan said the U.S. has no need for negative interest rates because its economy is strong, unlike other regions that have employed the tricky strategy.

Miami-Dade County Expressway Authority board meetings and procurements are on hold as it fights a state law to abolish the authority.

Gov. Ron DeSantis’ recommended a $91.4 billion budget for fiscal 2021 that includes borrowing for more than just transportation needs.

President Donald Trump invited Federal Reserve Board Chair Jerome Powell to meet at the White House with him and Treasury Secretary Steve Mnuchin, with few details released.

But survey of 550 MWBE firms finds minority- and women-owned firms still face barriers to competition.

Montreal businessman Anthony McCord will arrive next month as New York Metropolitan Transportation Authority's chief transformation officer to address the authority's myriad operational and capital funding challenges.

Fed Chair Jerome Powell doesn't see signs of recession in “the star economy,” while the St. Louis Fed's Bullard warns of a sharper-than-expected slowdown.

The most telling part of Fed Chair Jerome Powell's appearance before the Joint Economic Committee was when he refused to commit to the fed funds rate staying where it is for the next year.

Economic Club of New York attendees questioned the president's claims of an economic boom as well his efforts to spur the Federal Reserve into cutting interest rates faster.