Economy

Magalie Austin takes over from Jonnell Doris, who was named commissioner for Small Business Services.

John Boyd Jr. of corporate site selection firm Boyd Co. discusses economic development scenarios, including the need for a "dramatic, New Deal-type" infrastructure bill. Paul Burton hosts.

The Federal Reserve chair says it may take a while, but the U.S. economy will get back where it was before the coronavirus pandemic.

The state-run authority’s oversight board unanimously approved a $935 million contract for a public-private partnership with Cubic Transportation Systems.

Our second monthly survey found a smooth transition to remote work and digital customer access channels — but technology issues still arose. The pandemic has highlighted the importance of having a strong digital presence across all retail sectors, including financial services.

The offering of special tax obligation bonds comes as the state begins a four-phase reopening in its next response to the coronavirus.

Congress should direct more COVID-19 relief dollars to higher ridership systems, think tank Regional Plan Association said.

SIFMA released two new model documents to reflect the senior managing underwriter’s role to make standard disclosures as well as its own dealer transaction specific disclosures to keep up with changes to the MSRB's fair dealing rule.

While their regions, sizes and funding streams vary, several mass transit systems underscored the dire need for additional federal funding.

Philip Howard, chairman of Common Good, discusses the need for such an agency to cut through red tape as the country rebounds from the coronavirus pandemic. Paul Burton hosts.

Moody's revised its outlook on the Chicago Transit Authority and Regional Transportation Authority to negative as COVID-19 threatens their revenue streams.

State lawmakers will return to Columbia for a two-day session that will also determine what to do with embattled state-owned utility Santee Cooper.

Projections for U.S. unemployment hitting 20% or higher may be too severe, according to a paper released Thursday by the Federal Reserve Bank of Cleveland.

New report says hospitals lost a total of $1.44 billion a day between March and mid-April.

Federal Reserve Bank of San Francisco President Mary Daly said she expects the U.S. economy to shrink this year with a recovery only getting under way next year.

Federal Reserve Bank of Minneapolis President Neel Kashkari says the coronavirus will inflict “devastating” levels of U.S. unemployment and economic recovery will be long and gradual.

The House is expected to release a stimulus package in the next few days.

The Fitch downgrade to A-plus from AA-minus affects nearly $2 billion in debt.

Bringing bond denominations down to $1,000 would capture goodwill from New York residents and transit riders, said Mitchell Moss of New York University.

The impact of COVID-19 is still ripping through the economy as the Institute for Supply Management-New York index fell to a new low of 4.3 in April and factory orders slumped 10.3% in March.