Economy

The city's Department of Water and Power, which saw spreads widen after last year's deadly wildfires, upsized a revenue bond deal amid strong investor interest.

After Ken Paxton's opinion said giving preferences based on sex or race is unconstitutional, his office set a new certification requirement for bond issuers.

The Coast Guard endorsed an elevated fixed span to replace the Interstate 5 lift bridge linking Oregon and Washington over the Columbia River.

The deal will come to market despite the troubles of some other student housing bonds in Florida.

Dallas Area Rapid Transit's moratorium on new debt issuance comes as voters in five of its 13 member cities will decide whether to withdraw from the agency.

Greg Goldberg jumped over from RBC Capital Markets to help Raymond James expand its public finance housing practice.

Republican Ken Paxton said his first-of-its-kind legal opinion aims to dismantle diversity, equity, and inclusion practices in the Lone Star State.

"I was disappointed that it didn't go further," said Peg Henry, who launched a municipal securities legal consulting and expert witness services business last year.

Moody's cited the enterprise's exceptional cash position and strong debt service coverage.

Foothill-Eastern Transportation Corridor Agency, one of two toll systems operated by The Transportation Corridor Agencies, received a ratings boost to A3.

Panelists diverged sharply on the outlook for 2026 at the Executives' Club of Chicago's Annual Economic Outlook panel, held at a hotel in Chicago's Loop.

With the latest injunction in favor of Revolution Wind, the Trump administration's war on alternative energy is seeming more and more quixotic.

New Jersey Transit CEO Kris Kolluri will keep his role under Gov.-elect Mikie Sherrill, and add a second position overseeing the state's two major toll roads. 

University Park joined four other cities in placing measures on the May 2 ballot asking voters to decide whether to withdraw from Dallas Area Rapid Transit.

Cindy Nichol, Sacramento International Airport's director, became chair of an international airport association.

The state's Local Government Commission approved the borrowing Tuesday.

Federal Reserve Bank of Richmond President Tom Barkin said economic uncertainty should ease in the coming year as businesses gain confidence in sustained demand and adapt to the new policy environment.

The Maine Municipal Bond Bank is bringing back its transportation revenue bond program, with a few changes to bolster the bonds' credit. 

Oregon transportation bond payments protected even if tax repeal succeeds, rating agencies say.

Fitch Ratings downgraded Nebraska's Regional West Health Services by two notches, lowering its long-term issuer default rating to CCC from B-minus.