Economy

New Jersey Transit needs a sustainable revenue stream and better strategic management, the audit said.

In this year alone, the city awarded more than $3.7 billion to minority and women-owned business enterprises.

Rice Financial Products Co. has expanded its presence in the municipal bond marketplace with four new hires in New York City.

Northwestern Memorial Healthcare's long-stalled acquisition of Centegra was finalized last month.

The Toledo, Ohio-based healthcare operator will sell $1.5 billion of bonds next week, of which $1.2 billion will be taxable.

Common Good estimates the delays are adding $1.7 billion annually in lost opportunity costs and additional construction costs to the larger Gateway Development project, which includes a new Portal North Bridge in New Jersey.

Baylor Scott & White's planned merger with Houston-based Memorial Hermann would combine $5 billion in debt.

The New York City Comptroller is encouraging greater diversity among investment managers hired by the city’s pension funds.

The Clark Public Utilities District says improvements are needed for future customer growth.

John F. Kennedy International Airport gets its day in the redevelopment sun with the announcement of a $13 billion plan.

State Auditor Elaine Howle said the state's housing department's oversight of bond expenditures is inconsistent.

Included in the FAA reauthorization package is $1.68 billion in supplemental disaster funding that would help cover the cost of recovery and rebuilding from Hurricane Florence last month.

About $125 million of the new money bonds are fixed-rate, $50 million will be floating-rate notes, and $75 million are variable-rate demand bonds.

Municipal bond market participants offered their views on how California will confront housing, education and transportation challenges.

Citi is slated to price the $1.56 billion New Jersey Transportation Trust Fund Authority revenue bond deal Wednesday.

Public finance guru Richard Ravitch dissects the landscape for states and cities and weighs in on New York's transit mess. Paul Burton hosts.

The ratings of four Southeast public power agencies were lowered due to uncertainty about future costs to build the new reactors.

Gary Hall, who became the new MSRB chair on Monday, says he has a "reverence" for the muni market.

Salt Lake City will bring $875 million of revenue bonds this month for its airport.

Illinois-based OSF Healthcare System will refund $470 of debt this week and next.