Economy

A $1.6 billion note deal from the New York State Thruway Authority this week will roll over an issue sold in 2013 as part of a financing for the $4 billion Mario Cuomo Bridge.

Risky assets are reacting more strongly to hawkish monetary shocks from the Federal Reserve in recent years, according to Goldman Sachs Group Inc. The reason, ironically, is that the Fed is losing its forecasting edge.

The Chicago Fed National Activity Index for March narrowed to negative 0.15 from a downwardly revised negative 0.31 in February.

U.S. new-home construction unexpectedly fell in March, decelerating to the slowest pace since May 2017.

The hospital system will sell $250 million of bonds using the Michigan Finance Authority as conduit.

Reaching beyond numbers, Health + Hospitals President Mitchell Katz is striving to overhaul a long-problematic $8 billion city unit.

Jonnel Doris, director of the NYC Mayor’s Office of Minority and Women-Owned Business Enterprises, talks with Chip Barnett about program milestones, procurement goals and the importance of small firms and immigrant owned businesses.

Manufacturers report activity has “continued to grow” in April.

The New York and New Jersey bi-state agency in announced that electronic tolls will roll out on two more bridges this year.

On deck for the meeting scheduled for next week, the MSRB's Board of Directors will discuss pennying, upcoming EMMA enhancements and financial disclosure timeliness by issuers.

Westinghouse, the former contractor for the utility’s failed nuclear reactor project, filed a lawsuit to recover property it says the state-owned utility is withholding.

The airport authority in Ohio is using capital facility charges to back bonds for the facility.

The New England law firm added the former Massachusetts gubernatorial candidate as it seeks to boost its regional public finance footprint.

The Port Authority needs inland distribution facilities located on rail lines to handle its growing volume.

Kathy Wylde, president of the Partnership for New York City, analyzes the impact of the Metropolitan Transportation Authority's 2020-2024 capital investment strategy. Paul Burton hosts.

The National Association of Home Builders' housing market index rose to 63 in April from 62 in March.

U.S. factory production stalled in March as motor-vehicle output declined, adding to signs of headwinds for manufacturing and economic growth around the world.

Business activity “grew modestly in New York State,” while the outlook fell to its lowest level in three years.

A planned new medical center for New Jersey’s Inspira Health Network on track for completion late this year drove a two-notch upgrade.

Cleveland Clinic will be pricing $930 million of bonds and roughly half of the structure will be variable rate debt that the clinic hopes will lower its costs.