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Terminal 6 is the fourth big terminal project at New York City's international airport that will create a "modernized global gateway," said Gov. Kathy Hochul.

The Office of Recovery Programs Contact Center helps municipalities with American Rescue Plan Act funding questions.

Moody's and S&P also warn of the potential for further downgrades; UC Health has begun to implement financial turnaround strategies amid operating losses.

The idea for a national infrastructure bank has resurfaced in Congress, with advocates saying it will attract private equity and pension funds to fill a gap that federal money can't address.

Law firm Greenberg Traurig expects to grow its public finance footprint in Texas with the addition of five lawyers.

Economists' quarterly forecast estimates lawmakers will have nearly $696 million more to spend than anticipated and taxpayers will receive $3.9 billion through the state's kicker rebate.

A spate of derailments is a unique issue for the Washington Metropolitan Area Transit Authority amid the challenges all transit agencies face post-COVID.

Cleveland Fed President Loretta Mester said a bigger-than-expected rise in the central bank's preferred inflation gauge shows the need to keep raising interest rates.

Mohamed El-Erian says the financial markets are starting to doubt whether the Federal Reserve can bring inflation down to its 2% target.

The federal government has set aside $12 billion to help rebuild Puerto Rico's grid. If used effectively to rebuild a greener and more resilient grid, this federal lifeline can be a substantial downpayment toward affordable, reliable, cleaner energy for Puerto Ricans.

Natural gas is generally expected to face a bleak future as governments focus increasingly on carbon reduction.

Daily report for February 24, 2023

A key consideration in the upgrade was the state's recent actions in both addressing longstanding obligation repayments and rapidly repaying obligations taken on during the pandemic-induced recession, S&P said.

The Arkansas LEARNS bill would create "education freedom" accounts to help cover private school expenses.

An improving tone was apparent in the municipal market midweek — after a topsy-turvy ride last week when the market saw a close to 50-basis point adjustment to the front end of the triple-A municipal yield curve.

Earlier in the pandemic, bond values showed a greater divergence among local government issuers tracked, but that has reverted to pre-pandemic levels, although work-from-home and other uncertainties still take a toll.

The bill in Massachusetts bill would establish a "baby bond" program to create a trust account for children born into a low-income households.

While the FAFAA backed the board's discovery timeline, bondholders argue the board is trying to "run out the clock."

The San Francisco Bay Area Rapid Transit District relied on fare revenue before the pandemic. Ridership has lagged since COVID, and so have revenues.

The White House is narrowing its search for a nominee to become the next Federal Reserve vice chair, intending to swiftly replace Lael Brainard, who became President Joe Biden's top economic adviser this week.