Economy

A nonprofit corporation will use the taxable and tax-exempt bonds to buy or refinance 28 skilled nursing facilities in Oklahoma and Texas.

The American Securities Association sent a letter to the SEC regarding the regulator's proposed exemptive order for muni advisors, calling it an "ill-advised effort."

The temporary inversion of parts of the yield curve “are concerning” but since they’re based on coronavirus fears, the economy should keep growing and will not necessitate cuts to the fed funds rate target, analysts say.

The failed attempt to sell Florida’s largest municipal utility and its contract to buy nuclear-generated electricity from a Georgia plant will be examined.

A key New Jersey link to the long-stalled Gateway Tunnel project under the Hudson River into Manhattan cleared a major barrier for federal funding Monday and now awaits clearance from the White House.

Nick Sifuentes of the Tri-State Transportation Campaign explores the challenges of New York MTA as well as NJTransit and the Penn Station expansion. Paul Burton and Andrew Coen host.

The Nassau Interim Finance Authority has taken control of finances for the public benefit corporation that runs a struggling county hospital facing persistent operating deficits.

A stabilized financial position despite traffic drops drove a rating boost for the Delaware River Port Authority.

House Bill 653 would prohibit a municipal electric utility from using its revenues to finance general governmental functions.

On Sunday Puerto Rico's governor said she would oppose rate increases to support the authority's debt restructuring.

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.