Economy

Democratic control of the House of Representatives may lower the barrier to sustainable transportation funding, said Bond Buyer conference participants.

The Federal Transit Administration has not yet awarded $760 million of the $2.62 billion Congress set aside for transit grants in fiscal 2018 almost two months after the end of the budget year.

The Conway City Council approved employee bonuses, equipment purchases and hospital improvement bonds on Tuesday.

Pending home sales fell 2.6% to an index reading of 102.1 in October, after a revised 0.7% rise to 104.8 in September.

SIFMA and BDA responded to the MSRB's request for comment on muni indices and benchmarks, and transparency was a major theme.

The deal clears one legal obstacle to the upcoming issuance of PABs, although two other challengers plan to pursue a federal lawsuit.

Sales of new U.S. homes fell in October to the weakest pace since March 2016 as rising borrowing costs and elevated prices keep buyers out of the market.

Manufacturing growth in the central Atlantic region “grew moderately in November.”

The state plans to price $190 million of general obligation highway capital improvement bonds.

Operators of Texas nursing homes will make another attempt to boost reimbursement rates in the 2019 Legislature as the state's "silver tsunami" gains momentum.

Texas factory activity growth, as measured by the production index, “continued to expand in November, albeit at a markedly slower pace.”

The firm, recapitalized in April, is building out its municipal market presence.

The Chicago Fed National Activity Index for October rose to 0.24 from a downwardly revised 0.14 in September.

Existing home sales were up 1.4% to a seasonally adjusted 5.22 million-unit rate in October from an unrevised 3.4% decline to a 5.15 million sales pace the previous month.

Once a high-profile story of fiscal mismanagement, D.C. is now providing an example other large cities are exploring for themselves.

Chicago expects to add more than $9 billion in O'Hare debt in the coming years to upgrade the airport's terminals.

The U.S. labor market doesn’t have much more room to tighten, according to a study from the Federal Reserve Bank of San Francisco

U.S. new-home construction picked up in October on a rebound in apartments and other multifamily housing.

A planned elimination of variable-rate debt exposure and termination of outstanding swaps lifted the bi-state transportation agency's rating outlook.

Gov.-elect Laura Kelly will enjoy rising revenues and prospects for Medicaid expansion but still faces a GOP-dominated legislature.