Economy

The court affirmed its earlier decision, which means bondholders have a claim on the full $8.5 billion due.

The incoming administration's opposition to congestion pricing has put renewed pressure on New York's governor. 

Lawyers are beginning to flesh out what the specifics of what a second Trump administration may look like, and what we can expect before Biden passes the baton.

The impact of both presidential candidates' fiscal promises around taxation and spending could have dramatic effects on the Federal Reserve's outlook for monetary policy, which has become more aggressive toward rooting out inflation.

The upgrade affects most but not all of MEAG's outstanding bonds.

The Philadelphia-based university straddles the higher education and healthcare sectors, but market demand suggests it's greater than the sum of its parts.

Observers say the decision may be a credit positive for the financially struggling utility

Large measures to authorize or support bonds are on the menu in several of the region's largest cities and suburbs.

The deal was the latest billion-dollar-plus transaction for one of the P3 airport terminal projects at John F. Kennedy International Airport.

The downgrade affects $2.1 billion in bond debt and extends to its utility debt.