Economy

Moody's Investors Service downgraded one public electric utility and assigned negative outlooks to three after reviewing potential wildfire liability exposure.

Respondents to the Federal Reserve Bank of Kansas City's monthly manufacturing survey reported moderate acceleration of growth in March.

Pending home sales declined 1.0% to an index reading of 101.9 in February, after a revised 4.3% gain to 102.9 in January, according to a report released Thursday by the National Association of Realtors.

Rising passenger totals at Bradley International Airport prompted a bond sale to fund a consolidated car rental facility.

As Congress prepares work on an infrastructure package, the transportation secretary endorsed private funding through pensions and endowment funds.

Its $1.5 billion unrated deal will be sold to qualified institutional buyers to finance Florida’s privately owned passenger train project.

Manufacturing and services growth in the central Atlantic region in March was weaker than in February.

U.S. new-home groundbreakings fell in February by the most in eight months on a drop in single-family homes, suggesting buyers and builders remain wary despite higher wages and a drop in mortgage rates.

A Chicago area broker-dealer agreed to pay a $25,000 to settle FINRA charges that it relied on alternative trading systems and failed to maintain its own risk-management controls.

Texas factory activity growth, as measured by the production index, “continued to expand in March,” but at a slower pace than in February.

Investors will see municipal bonds of all stripes and shapes hit the market this week, with high-grades and high-yields competing with tax-exempt and taxable, all pricing into a declining yield environment amid recession worries.

The first installment on a $650 million highway borrowing plan, including major projects in New Orleans and Baton Rouge, won easy approval Thursday from the State Bond Commission.

Atlanta officials are facing another potential challenge to how the city has conducted business at Hartsfield-Jackson International Airport, even as they try to tamp down a state push to take over the airport.

Plans call for four Metro-North Railroad stations along an underused rail line in the East Bronx, with an eye toward real-estate value capture.

The pace of existing home sales jumped by 11.8% to a 5.51 million annual rate in February, well above the 5.10 million rate expected.

Federal transportation officials authorized another $950 million in private activity bonds for Brightline, also known as Virgin Trains USA.

Bond Buyer northeast regional editor Paul Burton scopes out New York Mayor Bill de Blasio's resilience plan for Lower Manhattan. Andrew Coen hosts.

The company that bought Vernon's power plant is suing the city in a case over whose fault it is that the plant operated below full capacity.

Manufacturers report activity “improved” in March.

Republican Gov. Kay Ivey signed the Rebuild Alabama Act into law, increasing state gas taxes for the first time in 26 years.