Economy

The deal is made up of $741 million in general airport revenue bonds and $313 million backed by customer facilities charges on car rentals.

The nonprofit electricity wholesaler is refunding bonds issued in 2009 and 2015 that are tied to the Prairie State Energy Campus.

The risk of damage from wildfires is generally more severe than the significant economic and social costs of a shutoff, Moody's says.

An agreement forged by New Jersey Transit for a new county and state-funded North Brunswick train station may signal a new partnership model for the agency.

Dealer groups believe that some sections of the proposed amended guidance such as complex financing and disclosure standards would add complexity to the rule.

The board overseeing the Jacksonville-owned municipal electric, water, and sewer utility plans to decide by March if JEA should be be privatized.

Politicians are reacting to public frustration about wildfires and planned electricity outages.

Consumer confidence remained high even after a dip this month, and a rate cut by the Federal Reserve could send it higher.

Kim Slaughter, a national senior transportation consultant at HNTB, examines the importance of managing mass transit customer expectations. Andrew Coen and Paul Burton host.

The authority is slated to issue $41.9 million of revenue refunding bonds in a competitive deal Thursday.

Nearly two in three finance officers in large cities predict a recession in the next year or two.

Reads of the economy show continued weakening, which will allow the Federal Open Market Committee to cut the fed funds rate target 25 basis points to a range of 1.5% to 1.75%.

The California Infrastructure and Economic Development Bank agreed to issue $3.25 billion for the proposed line linking Vegas and Victorville, California.

Cleveland Clinic's bond refunding follows a nearly $1 billion offering the system priced in April as it integrates recent Florida acquisitions.

Critics fear the contracting provision is so draconian it could backfire on the Metropolitan Transportation Authority's $51.5 billion program.

The plan would rebuild the power system with a web of "micro grids," funded in part with federal and private money.

One plan would convert the investor-owned utility into a customer-owned cooperative, while local governments and agencies look at municipalizing PG&E assets.

September durable goods orders fell more than expected, while orders for non-defense capital goods excluding aircraft also dropped, suggesting production won't rebound this year.

ProMedica Health System was downgraded to Baa3 by Moody's Investors Service, which assigned a negative outlook.

Most of the proceeds will refinance direct placement debt with bonds sold in the public markets.