Economy

Builders’ confidence in the market for new single-family homes fell in December as affordability issues remain.

Business activity “continued to expand, though growth was noticeably slower than in recent months,” the December Empire State Manufacturing Survey suggested.

Moody's underscored the sense of uncertainty facing the Metropolitan Transportation Authority by dropping its outlook to negative.

A bankruptcy judge still has to review the sales agreement between Verity Health System and Santa Clara County.

Applications doubled from 2017, growing to 851 from all 50 states and also U.S. territories.

The private passenger train project in Florida also faces new litigation from longtime adversary Indian River County.

The downgrade affects $114 million of debt issued for Good Samaritan Hospital, owned by Knox County, Indiana.

“We have starved our state of a fundamental economic investment and job creator,” said Chicago Mayor Rahm Emanuel.

The wholesale public power authority will refund outstanding debt, refinance commercial paper, and fund nuclear fuel for reactors 1 and 2 at Plant Vogtle.

Hasan Ikhrato joins the San Diego Association of Governments, which has been without an executive director since Gary Gallegos stepped down amid scandal in 2017.

The Illinois State Toll Highway Authority will bring about $430 million of refunding debt to market.

Doñé will take a key advisory role in the nation's fourth-largest pension system.

New York's Metropolitan Transportation Authority board intends to vote on its $16.7 billion operating budget as outyear deficits and other challenges hover.

Fitch Ratings said the BB-minus rating on Brightline’s $600 million of private activity bonds was removed because the project has changed strategic focus.

Officials in Mayor Bill de Blasio’s administration trumpet New York City’s healthcare savings program. Budget watchdogs don't buy it.

A think tank is urging residents to support selling the state-owned utility saying that would relieve ratepayers of paying billions in debt.

The Metropolitan Transportation Authority faces a plate of challenges as crowded as its trains at New York rush hour.

The New York economy slipped in November, with current conditions falling to its lowest level since June.

Federal Reserve Chairman Jerome Powell said that while the central bank has made progress toward a “strong economy” with rising wages, many lower-income workers have been left behind.

The St. Louis-based, multi-state Catholic health system is selling $175 million of taxable paper Tuesday.