Economy

Scott Wiener plans to introduce a bill later this week outlining a plan to take over the bankrupt investor-owned utility.

Private sector involvement will fuel timely completion of a large-scale overhaul of John F. Kennedy International Airport, according to head of the multibillion-dollar modernization project.

With manufacturing showing expansion for the first time in six months, a new issue threatens the sector.

An economic slowdown was expected in 2019, and the data prove the prediction was correct. Now softening consumer spending could portend the need for the Federal Reserve to ease policy at some point.

The board of the Jacksonville-owned utility fired its former manager for cause, then resigned en masse; an interim manager is at the helm.

The FOMC post-meeting statement was much like the previous one, with just a minor tweak, as the fed funds target was kept at a range of 1.50% to 1.75%.

Gov. Ralph Northam and the Virginia Legislature's new Democratic majority want higher gas taxes and new bond financing plans to support road and rail projects.

Bond Dealers of America sent the SEC a long list of requests to limit municipal advisors' roles in private placements.

Consumers remain confident, as the consumer confidence index rose to 131.6 in January from an upwardly revised 128.2 in December, the Conference Board reported Tuesday.

Just when everyone thought there would be little drama at this week’s Federal Open Market Committee meeting, the coronavirus has infected the broader markets. Experts still say monetary policy will be immune for now.

Taxable healthcare deals from NYU, and Escambia County, Fla., to price in market seeing yields fall amid virus fears.

A new hospital and network of community health centers are part of the $1.1 billion capital proposal from the four fiscally strained South Side hospitals.

Gavin Newsom's filing urges the judge overseeing the utility's Chapter 11 not to approve bankruptcy exit financing commitments.

Andy Byford’s departure as MTA New York City Transit president rekindled questions about governance at one of the world’s largest mass transit agencies.

A grand jury is probing the Jacksonville-owned utility as well as a community-based group and a special City Council investigative committee.

Andy Byford's resignation ends a two-year run marked by innovation and controversy.

If Judy Shelton, who advocates for lower rates, wins confirmation to the Federal Reserve Board of Governors, President Trump may have his choice to replace Chairman Jerome Powell.

Gov. Henry McMaster wants to sell the state-owned utility after its nuclear project debacle; a report to lawmakers on bids for Santee Cooper has been delayed.

Whether new dedicated revenue for the MTA or its higher total debt holds more sway in the capital markets remains an open question.

The Colorado-based Tri-State Generating and Transmission Association said it would retire its coal-fired power plants within 10 years.