Economy

Transportation Secretary James Trogdon says Dale Folwell's allegations of overspending are unsupported.

The Financial Industry Regulatory announced the action Wednesday, saying it stemmed from the firms' supervisory failures.

Gov. Phil Murphy’s administration is exploring a large bond sale to fund equipment upgrades for the commuter rail and bus system.

The merger has closed to create Siebert Williams Shank, the top ranked women- and minority-owned investment bank in the U.S.

Rachel Haot, executive director of the Transit Innovation Partnership, explains how tech enhancements can improve mass transit in the New York City region. Paul Burton hosts.

All but a $60 million tax-exempt new money piece of UTA's $511.5 million revenue bond deal is taxable.

Ahead of the deal, Moody's revised its outlook on the hospital system's Aa3 rating to positive from stable.

St. Louis wants a deal that improves the airport while generating net cash proceeds to the city.

The federal government has been operating on a stopgap budget since the Oct. 1 start of the fiscal year but President Trump has declined to give any assurance he will agree to another one past Nov. 21.

Proposition CC would loosen the strings of the 1992 TABOR Amendment by letting the state government retain more money for education and transportation.

Unless there’s a change in the economy, Federal Reserve Bank of Minnesota President Neel Kashkari expects the fed funds rate target will remain on hold “for a while.”

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.