Economy

California overcame a legal challenge to use bond authority to provide housing for homeless people suffering from mental illness.

The twin ports of Southern California, in Long Beach and Los Angeles, both reported record numbers this fall.

Bridge funding from a lame-duck Congress could help plug operating deficits and stave off doomsday measures, agency leaders insist.

Conduit issuer Trust for Cultural Resources for the City of New York will issue the $77 million green transaction.

Task forces studying three proposed toll road projects failed to conclude if there is a need for the new corridors or modifications of existing roads.

Strategists from both Wells Fargo Investment Institute and John Hancock have low expectations for inflation going forward.

A majority of economists surveyed by SIFMA expect a swoosh-shaped recovery, while 20% saw a W-shaped recovery, with a double-dip decline.

During an industry briefing Tuesday, SIFMA's Kenneth Bentsen, Jr., said no matter who leads the SEC next, SIFMA will argue for an end to a temporary exemptive order.

Facing resistance from the local investor-owned utility, the Colorado college town ended its bid to form a municipal utility and signed a new franchise deal.

The new orders announced by Gov. Gavin Newsom will be triggered on a regional basis if hospital intensive care unit capacity falls below 15%.

The bipartisan plan unveiled Tuesday by Senate and House lawmakers includes $160 billion for state and local governments, $82 billion for schools, $15 billion for transit agencies, and $4 billion for airports.

SCANA Corp. and South Carolina Electric & Gas Co. will pay a $25 million penalty for making false and misleading statements about the failed reactor project.

Oahu's 20-mile rail project could lose $250 million in federal funding if the Federal Transit Administration doesn't grant an extension.

Florida’s privately owned passenger train company, which halted service citing the coronavirus pandemic, is bringing $950 million of nonrated private activity bonds.

The data continue to offer a mixed picture, with manufacturing expanding, services hurting, and while construction spending rose more than expected, it followed a downward revision to the previous month's number.

SIFMA told a federal court that the SEC's process failed when it announced the temporary conditional exemption for muni advisors.

Pending home sales unexpectedly declined in October, the second consecutive month they dropped.

The Regional Transportation District will issue $340 million for Denver Transit Partners, the concessionaire of three Denver-area commuter rail lines for RTD.

Pennsylvania nonprofit health system’s aggressive expansion has left it with a massive debt load, although default not an issue.

The consumer confidence index suggested expectations have slipped, and the Richmond Fed's services survey also offered a dim view ahead.