Economy

Some of the solutions contemplated to bring the investor-owned utility out of bankruptcy involve tapping the municipal bond market.

Carolyn Pokorny, who helped prosecute "El Chapo" Guzman and other drug lords, is taking on waste and fraud as the New York transit agency's inspector general.

Veronique "Ronnie" Hakim, a top official at New York's Metropolitan Transportation Authority, is resigning as managing director by the end of February.

Moody's Investors Service dropped Fairfield Medical Center to Ba2 from Baa3.

The commission's $300 million sale for bridge work will be its first new money issue since 2010 as it struggles to fund its road and bridge network.

GDP will grow 0.9% in the fourth quarter and 1.2% in the first quarter of 2020 before rebounding, economists at BNP Paribas predict.

While blowing off steam about the entrenched, investor-owned utility is popular, executing such a major change would be complicated.

This is the second letter BDA has sent to the SEC in the last couple of months opposing any kind of relief for muni advisors involved in private placements.

LIPA plans to price $485 million of electric system general revenue bonds this week.

Fall River Mayor Jasiel Correia II pleaded not guilty in Boston to charges of extorting state-licensed marijuana vendors for six-figure bribery amounts.

The governor declared the $2.1 billion Mobile River project "dead” after it a local planning organization voted it down.

State and local governments are providing more transit funding than they have before, offsetting some of the ridership woes.

Budget pressure amid plans for capital investments drove a downgrade to a hospital affiliated with the Mount Sinai Health System.

Municipal utility MEAG is preparing to issue $725 million of bonds to finance a portion of its share of work at Plant Vogtle.

“A highly sophisticated frequent issuer may not need the same disclosures as a less sophisticated infrequent issuer,” the trade association for underwriters told the SEC.

The Fitch Ratings outlook on the BBB San Joaquin Hills Transportation Corridor Agency is now positive.

China's recently announced suspension of U.S. agricultural imports escalated trade-related risks to U.S. agriculture, said Fitch Ratings.

Funds were restricted to states with populations of less than 100 people per square-mile.

Even with a board vote just five weeks away, the proposed five-year capital program for New York’s Metropolitan Transportation Authority is a big unknown.

Court filings cite Santee Cooper internal communications that differ markedly from public disclosures about a nuclear power project that went on to fail.