Economy

California Gov. Gavin Newsom's executive order directs regulators to put rules in place to end the sale of gas- and diesel-powered passenger vehicles in 2035.

Gross domestic product surged in the third quarter's first read, but analysts suggest the rising number of coronavirus cases bodes ill for fourth quarter growth.

The transit agency — its revenues battered, its credit standing weakened and with no federal rescue aid in sight — looks to borrow its remaining $2.9 billion available through the Municipal Liquidity Facility.

South Carolina-owned utility Santee Cooper issued A-rated revenue and refunding bonds that achieved $134 million in net present value savings and drew $3.5 billion in orders from yield-starved investors.

With the economy offering positive and negative signs, economists have differing views on the recovery.

In an all new money deal, North Carolina plans to issue debt for its Build NC statewide transportation financing program.

Consumers cut back on purchasing plans, suggesting they see a tough fourth quarter, economists said.

The MSRB also said it was looking for volunteers for two advisory groups.

How effectively bus and train operators can serve commuters coming out of the coronavirus pandemic remains a big question.

Squire Patton Boggs partners Rodney Slater and Alethia Nancoo view the landscape from the ground and the skies with Northeast Regional Editor Paul Burton. Slater is a former U.S. transportation secretary. Nancoo’s practice focuses on public, private and project debt finance. (31 minutes)

State housing and economic development Secretary Mike Kennealy will lead the search for a successor at the commonwealth's finance and development agency.

A long-planned Maryland light rail system, which has encountered financial and legal obstacles, could make it tougher for large-scale P3 transit projects, according to analysts.

The Central Texas Regional Mobility Authority will sell $333 million of bonds and notes.

The economic news was mixed again Monday, with home sales unexpectedly dipping, while two reads of manufacturing showed expansion continued, but one suggested a slower rate of growth.

In the first episode of the five-part Arizent documentary series, we look at how disparities in net worth and mortgage discrimination impact Black home ownership — and why it's impossible to close the gaps without attacking systemic racism.

In the first episode of the five-part documentary series, we look at how disparities in net worth and mortgage discrimination impact Black home ownership — and why it's impossible to close the gaps without attacking systemic racism.

This five-part series is a comprehensive effort to explain the racial discrimination Black Americans face in our financial system.

Officials from New York's MTA and the Long Island village are working on a project to build in what is now a commuter train station parking lot.

Jobless claims fell to below 800,000, existing home sales soared, leading indicators rose more than expected and the Kansas City Fed manufacturing index also climbed in the latest reading.

Nuveen’s John Miller, the biggest backer of Fortress Investment Group Inc.’s Brightline passenger railroad in Florida, had been skeptical of plans to forge ahead swiftly with a multi-billion dollar venture to build a second line running between Southern California and Las Vegas.