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The planned closure of the L subway line for 15 months shines a glare on New York City and transit agency officials.

Respondents to the Federal Reserve Bank of Kansas City's monthly manufacturing survey reported stronger activity and optimism in June.

Democrat Fiona Ma rung up more than twice as many votes as Republican Greg Conlon, who will face her in November.

The healthcare sector has been grappling with continuous change as service delivery and financial operations remain under pressure. Lisa Goldstein of Moody's discusses the sector's negative outlook and credit implications of federal policy uncertainty. John Hallacy is host.

Initial jobless claims rose by 9,000 to 227,000 in the June 23 week, moving only slightly ahead of the tight range seen in recent weeks.

First quarter GDP growth was revised lower to a 2.0% annual rate from the 2.2% pace in the second estimate.

The water and wastewater deals will finance upgrades of the two systems.

The release of Highland Park School District in Wayne County marks the first time since 2000 that no local entity is in the oversight program.

Low income New Yorkers face more delays and service disruptions in the subway commutes than their wealthier neighbors, according to a new study.

Google, the city's largest employer, would pay around $3.3 million under the plan

Gov. Phil Scott will allow a budget to take effect without his signature.

Municipal bonds were stronger on Wednesday as bond buyers saw big deals come from New York and California issuers.

Michigan State University's credit fundamentals will be the deciding factor when it sells bonds to fund the settlement, say market observers.

The new guidance is just the first of a planned three-part release, which will later cover social media use and the rule's content standards.

The opinion said Florida met its initial burden in proving that a cap on Georgia’s water withdrawals could be considered further.

Former U.S. Treasury Secretary Lawrence Summers said Federal Reserve interest-rate hikes that slow the nearly decade-long expansion are a greater risk to the economy than inflation.

Eric Papenfuse called for a hiring freeze and renewed scrutiny for all non-essential spending after the state budget did not give him the taxing flexibility he seeks.

Municipal bonds were stronger Wednesday as bond deals from New York and California were coming to market.

With interest rates expected to remain low by historical standards, Federal Reserve Bank of Boston President Eric Rosengren said Wednesday, the Fed should consider ways to keep short-term interest rates from hitting zero.

State-owned Santee Cooper wants the high court to affirm its authority to set rates and pay off bonds that financed its scrubbed nuclear reactor project.