Economy

New York City Comptroller Scott Stringer said the Metropolitan Transportation Authority should cut commuter-rail fares within the boroughs to the cost of a subway MetroCard.

Builders’ confidence in the market for new single-family homes climbed in October.

Technology problems with the nation's first commuter rail P3 threaten to unravel the partnership and junk the bonds issued for the project.

Selling prices remained elevated, while business activity expanded at a faster pace in October.

Moody's Investors Service said Jacksonville's litigation to repudiate a power contract raises questions about its willingness to make good on obligations.

Added debt drove one-notch downgrade but long-term benefits seen.

Agencies across the country said the case filed by a Florida utility could expose them to "unprecedented" federal oversight of public power contracts.

Recently announced streamlining and rumored budget cuts and layoffs at SIFMA are causing market participants to worry about its commitment to municipal securities.

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.