Economy

The Trump administration canceled $929 million of funding that had been appropriated for California high-speed rail.

Austin Energy expects to reduce the cost of power from an East Texas biomass plant by buying the Nacogdoches facility.

Iowa's PEFA gas deal and North Carolina GARVEEs lead the way.

The amended rules require dealers to disclose markups and markdowns as a total dollar amount and as a percentage of the prevailing market price to retail investors.

Financial markets ignored surprisingly strong data and stayed focused on tariffs and developments in talks with China.

Worse-than-expected economic data released on Wednesday may signal softer growth — and greater demand for bonds.

Though some dealers endured a technological headache, the year-old rules have improved transparency without disrupting trading, the MSRB said.

Dallas-Fort Worth International Airport expects to save money with the refunding deal as it advances plans for a new terminal and refurbished runways.

Moody's Investors Service lowered the Miami-Dade County Expressway Authority’s ratings to A2 from A1 in response to state legislation.

The Austin City Council voted Thursday to issue $470 million in debt to purchase an East Texas biomass power plant that has only one customer, the city itself.

Fitch Ratings cut the Miami-Dade County Expressway Authority’s bonds to A-minus from A after lawmakers passed a bill to cut tolls and dissolve the authority.

The port's initiative is a credit-positive approach to the risk of online attacks, according to Moody's Investors Service.

President Trump’s tariff threats may trigger a flight to quality to the benefit of the municipal bond market.

Carl McCall, a former New York State comptroller and Democratic candidate for governor, reflects on what molded his many years of public service starting with enduring the challenges of growing up in a segregated Boston neighborhood to the recent experience of chairing the State University of New York Board of Trustees. Andrew Coen hosts.

Issuers of the Clean Energy Bonds would have the option of offering the bond as a tax credit bond, or as a direct-pay bond, where the Treasury Department reimburses the bond issuer at a rate of up to 70% of the interest cost, according to a summary of the bill.

The Pennsylvania Turnpike Commission won a lawsuit by truckers over tolling, but still faces questions about how it will manage its $11.8 billion debt load.

S&P lowered the Miami-Dade County Expressway Authority’s bonds and assigned a negative outlook. State lawmakers proceeded to pass a bill abolishing the authority.

As the company moves to exit Chapter 11, it wants Ohio and Pennsylvania to force ratepayers to subsidize its unprofitable nuclear power plants.

Kyle Javes will fill a new post at Piper Jaffray as the firm seeks to expand in specialty sectors.

The veteran-majority owned firm has hired its first banker — Chicago-based Frank Paul.