Economy

The MTA's goal to monetize its vast property portfolio could bring 300 homes to Crown Heights. 

The U.S. Department of Transportation will release $1.05 billion that was set aside by the Biden administration for the long-awaited Blatnik Bridge project.

Virginia and Georgia topped the list of high performers and Alaska and California received the lowest marks in the Reason Foundation's analysis.

The AA-minus-rated bonds come to market as the hospital sector continues to navigate through rising expenses and other challenges.

With total costs for replacement soaring $15.2 billion, the $7.65 billion of core projects will be prioritized, Washington and Oregon governors said.

Minnesota Community Energy priced $803 million of prepaid gas bonds after a delay driven by volatility from the Iran war.

Caught in the crosshairs of Trump's war on wind power, Revolution Wind fought two legal battles to continue its construction.

A bill would make it easier for local governments in the area served by investor-owned PG&E to break off into public electricity utilities.

Oregon lawmakers balanced the state budget in an intense short session with debates over sports subsidies, transportation cuts and federal income tax conformity.

Mayo Clinic plans to issue $750 million of bonds in early to mid-April for projects in Rochester, Minnesota, Mayo CFO Dennis Dahlen told The Bond Buyer.

The offer was revealed in a disclosure statement and plan of reorganization in the Chapter 11 bankruptcy.

The New Jersey Turnpike Authority will build a bridge half the size it once planned, providing budgetary savings of $4 billion. 

The California High-Speed Rail Authority's draft business plan was met with a mixture of cautious optimism and sharp criticism.

Currently, the 15-member board consists of eight public representatives and seven regulated representatives.

The agency cited strong student demand as a factor of its uprade to the FIU's issuer default rating.

Brightline West told investors it is pursuing a $4 billion senior loan from a banking consortium and simultaneously working toward the $6 billion federal loan.

The Texas cities of Irving and Farmers Branch joined Plano in calling off May elections on withdrawing from Dallas Area Rapid Transit.

Plano is the first of six Dallas Area Rapid Transit member cities to cancel a May 2 election to drop out of the agency, while others could follow suit.

A California lawmaker introduced legislation that would require data centers that use excessive amounts of energy to pay a surcharge to avoid rate hikes on residents.

Gov. Gavin Newsom signed a bill authorizing $590 million of loans to keep public transit operators around San Francisco running amid post-pandemic conditions.