Economy

The transit authority, reeling from the effects of the coronavirus, takes another hit from Wall Street.

The proposed combination of the major not-for-profit healthcare players in Illinois, Michigan, and Wisconsin encountered opposition in Michigan.

Months after the pandemic caused a surge in initial claims, the numbers remain elevated.

The low interest rates that resulted from COVID-19 caused high levels of muni issuance and market activity, resulting in MSRB's fiscal year 2021 revenue significantly outperforming.

The company's upcoming $3.2 billion deal marks the largest sale of unrated debt in the muni market.

Legislation signed into law Thursday keeps the government open and federal transportation funding flowing.

The U.S. economy should continue to recover from the coronavirus-induced recession even if Congress puts off consideration of additional fiscal stimulus to 2021, Federal Reserve Bank of St. Louis President James Bullard said.

The nation's largest not-for-profit healthcare system by acute care revenues is evaluating a fourth quarter sale.

The U.S. labor market is slowing after an initial strong rebound from the coronavirus-induced downturn and policymakers will be challenged to engineer a full recovery in employment, Federal Reserve Bank of Richmond President Thomas Barkin said.

The end-of-month economic data was positive, with even GDP coming in above expectations.

Thirty-four more S&P 100 companies will publicly disclose the composition of their workforce by race, ethnicity and gender, NYC Comptroller Scott Stringer said Monday.

A blaze in the wine country north of San Francisco more than quadrupled in size overnight to 11,000 acres.

Chicago's $1.2 billion airport refunding will smooth out fiscal operations through next year amid a massive decline in airline travel.

A project to bring train service to LaGuardia Airport is closer to breaking ground despite the fiscal headwinds created by the COVID-19 pandemic.

The public-private partnership that had been constructing the light rail line and stations has shut down construction work.

Pledging the payroll mobility tax would get the authority a lower Municipal Liquidity Facility interest rate, board member Lawrence Schwartz said.

While most of the losses have been recovered on a monthly basis, the bigger picture is not as rosy.

A multi-part study by Cornell Consulting concludes that Florida should not build three major toll roads that are under consideration.

Eliseo Sampayo was fined $20,000, half of which will go to the Municipal Securities Rulemaking Board for violating its rules.