Economy

Moody's cited narrowing financial flexibility and declining debt service.

The deal offers a better recovery than earlier deals but no principal payment for 12 years.

Legislation authorizing $1.5 billion of revenue bonds, along with fee and tax hikes, could return for a second try in 2026.

Nearly a trillion dollars worth of state and local government assets are now being held in Local Government Investment Pools.

The New York Power Authority created a new in-state conduit issuer to maximize savings and benefits for New Yorkers on a prepaid electricity deal.

The railroad corporation's bond financing used a creative risk transfer approach to replace a crumbling cruise ship dock and terminal building.

Ten winners across five regions and five additional categories will be celebrated Dec. 2 in New York City, where one will be crowned the overall Deal of the Year.

The Florida county is in the midst of executing a $9 billion capital improvement plan.

The Port of Long Beach cargo volumes are ahead of last year for the first 10 months, though October saw a dip in traffic.

The industry for years has lobbied Congress and the Treasury Department to make the changes, but the issue has taken on more urgency amid a data center boom that promises to transform the U.S. energy landscape

Fresno, California, received a boost to positive from stable on its senior lien airport revenue bonds.

Illinois' General Assembly passed a bill that provides both governance reforms sought by lawmakers and funding to avert a Chicago transit fiscal cliff.

The bankruptcy judge suggested Jackson Hospital and Clinic may be closed if it doesn't propose a plan of adjustment before the end of the calendar year.

The MSRB plans to issue the request for comment regarding MSRB Rule D-15 "within the next week or so."

The Southeast Pennsylvania Transportation Authority is facing federal deadlines after a series of fires. 

The utility responded that it is not eligible to declare bankruptcy.

By delaying the bill signing, Oregon Gov. Tina Kotek shortens time opponents have to gather signatures for a measure to overturn the transportation bill.

Fitch Ratings cited the hospital's growing revenue and other factors in lifting the issuer's outlook.

R. Wade Norris has joined the Washington, D.C., office of Dinsmore & Shoal as a partner to shore up operations in the firm's work in multifamily finance and public private partnerships.

Metra announced fare hikes in its 2026 budget, part of a broader regional policy requiring the Chicago Transit Authority, Metra and Pace to raise fares.