Economy

Officials said the deal was undertaken to simplify the Valley Transportation Authority's debt portfolio.

Ten years ago, the financial avalanche that altered the municipal bond market gathered speed with the bankruptcy of Lehman Brothers.

The privately funded Brightline express rail system launched service last fall. The state recently approved tax-exempt status for $1.75 billion in bonds.

Two state senators are backing a proposal to toll low-occupancy vehicles in carpool lanes on highways that currently lack tolls.

The plan will see Indiana paid $1 billion in return for allowing a rate hike on the privately operated Indiana Toll Road.

MEAG wants a power purchase agreement enforced against JEA, which says the agreement must be vacated because it wasn’t properly approved.

Coalinga Regional Medical Center was felled by challenges common to many rural hospitals.

The Federal Reserve's Beige Book noted the economy expanded at a moderate pace for most districts, a small upgrade from the prior report.

North Carolina officials are trying to figure out how to unwind parts or all of a 2014 public-private partnership that is building managed toll lanes on a Charlotte-area highway.

The GLWA will sell $400 million of new money and refunding water and sewer revenue bonds next week.

Disruptions caused by a piece of metal that pierced the roof of a train underscore the need for major capital improvements, according to a state lawmaker.

Verity Health System reported about $459 million of long-term bond debt and $254 million in pension obligations on its most recent CAFR.

Demand for public-private partnerships in higher education is on the rise, particularly for student housing and parking, according to a report issued by Fitch Ratings.

Widespread use of the bid-wanted process as a price discovery tool could hurt market integrity, the MSRB believes.

As New Jersey considers legalizing recreational marijuana, cities want a piece of the revenue pie.

Maine Gov. Paul LePage is pushing the federal government to reverse the decisions of his state's voters and courts, and block a Medicaid expansion plan.

Dominick Mondi will remain president of the firm's capital markets division.

The first phase of the long-delayed Gateway project under the Hudson River is "shovel ready" and ready to take flight once the Trump administration provides the green light, according to New Jersey Gov. Phil Murphy.

The state will receive $1 billion from the Indiana Toll Road concessionaire over the next three years in return for higher tolls.

A major state bridge repair and replacement program was launched as the turnpike authority’s bond ratings were downgraded because of pension liabilities.