Economy

President Trump announced sanctions on Iran, but with no signals about other retaliation, the markets appear convinced of no further escalation of hostilities.

Despite opposition to tolls, Louisiana completed its P3 agreement with Plenary Infrastructure to build the Belle Chasse Bridge and Tunnel Replacement Project.

Two rating agencies lowered their outlook for University Hospitals to stable from positive.

New York's governor wants the state to lead efforts for increased capacity at Manhattan's busy transit hub.

California's I-Bank will be the conduit on the second set of bonds to finance construction of the Academy Museum of Motion Pictures.

JEA terminated former managing director Aaron Zahn without cause; the city attorney’s office is investigating if Zahn should be fired for cause.

New York’s Metropolitan Transportation Authority tops the calendar in the first full week of 2020 with about $2.5 billion of bonds and notes.

While the impending signing of a phase one trade deal with China should help the manufacturing sector rebound, Boeing’s decision to halt manufacturing of its 737 MAX will be a short-term negative for the ISM index.

While members of the Federal Open Market Committee believe monetary policy is in a good place, several factors have the power to change that.

The Jacksonville, Florida-owned utility’s managing director and chief financial officer were both fired amid turmoil over a privatization process, which was canceled.

Residents in Riverside filed a lawsuit seeking to end the city’s practice of transferring water utility revenue.

The authority approaches next week’s planned $2.5 billion of issuance buoyed by clearance of its five year, $51.5 billion capital program.

President Trump’s New Year’s Eve announcement that he will sign a phase one trade deal with China will offer some stability to those hurt most by the trade war and should allow the Federal Reserve to keep monetary policy accommodative, according to analysts.

Kurt Krummenacker, senior vice president at Moody's, talks about important developments in the active airport sector of the muni bond market. John Hallacy hosts.

New state funds mean the authority heads into 2020 with a stronger fiscal hand to manage capital and operating needs for at least the next five years.

The governor said that the government must now move toward a long-term solution to WAPA's problems.

Illinois residents will experience stop-and-go deja vu next year, with many construction projects continuing from years past.

As surface transportation funding is set to expire later in 2020, a new reauthorization could help push muni bond initiatives next year.

The markets will build on 2019’s gains next year, as they withstood “trade tensions, impeachment, and geopolitical uncertainties” with the economy posting a record 11th year of expansion, according to economists.

Jay Goldstone was considered instrumental in San Diego’s re-entry to the bond markets following the city’s pensions scandal in the mid-aughts.