Economy

The housing market continues to lead all sectors in recovery, althoough a manufacturing and two services surveys also showed signs of recovery.

Lisa Daglian, executive director of the Permanent Citizens Advisory Committee to the MTA, and MTA board member Andrew Albert say supporting mass transit is the best way to rejuvenate the economy in New York and nationally. Paul Burton hosts. (27 minutes)

The system took two rating hits over its rising debt levels and strained balance sheet metrics as it readies a $354 million borrowing.

Investment banker Suzanne Shank and professor Michael Barr to serve on its Board of Trustees.

Feeling the revenue hit from the coronavirus, the commission has received state approval for a second delay in $112.5 million quarterly transit payments.

The settlement in which Roosevelt & Cross, Inc. agreed to pay $1 million is part of a now more than two-year crackdown on "flipping" arrangements.

Details of the pending investigation are sketchy but the legislation improved the value of a then-bankrupt FirstEnergy subsidiary's municipal bonds.

Most panelists don't expect rates to budge in the three-year projection horizon.

With its ratings intact as it navigates the pandemic's impact, the large Illinois system is issuing new money and refunding bonds

The city's full-court press on investors includes a webinar to replace pre-COVID-19 investor luncheons and one-on-one calls ahead of the $1.24 billion deal.

With a need to replenish inventories, experts expect the manufacturing recovery to continue.

During the kickoff for the United for Infrastructure week, Sen. John Barrasso, R-Wyo., said he supported a one -year extension of current federal surface transportation funding.

The rating agency lowered the authority's transportation revenue bonds to A3 from A2, citing again the effects of the coronavirus.

Everyone agrees economic recovery is underway, with much debate as to its shape and how long it will take.

Groups say a year-long extension of the current surface transportation law would bolster market certainty in 2021.

Puerto Rico's governor promotes an insider to run the power authority.

The governor cited budget and social justice benefits from a measure to legalize cannabis, which officials say could bring in $600 million of new revenues.

Georgia Power said in its latest report for the Plant Vogtle project that more than 800 workers have contracted COVID-19, and most have recovered.

Regulators found Stifel effected 56 pairs of pre-arranged transactions and the firm did not have a supervisory system reasonably designed to catch that activity.