Economy

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.

The overall economy grew for the 112th straight time, the Institute for Supply Management reported Tuesday.

The state gas tax will rise by 4.3 cents per gallon on Oct. 1 to support the state's Transportation Trust Fund.

In the busy oil fields south of San Antonio, some big rig trucks sit empty.

The Port of Brownsville may use revenue bonds to dredge its ship channel rather than wait indefinitely for federal funding.

The New York mayor says he will seek federal funding for the $2.7 billion project.

The Florida Development Finance Corp. will issue $1.75 billion of bonds for the privately owned passenger train project.

The Maine Supreme Court dealt a blow to Gov. Paul LePage’s efforts to slow voter-approved Medicaid expansion.

Pending home sales slipped 0.7% to an index reading of 106.2 in July, after a revised 1.0% gain to 107.0 in June.

The Florida Development Finance Corp. will be asked to be the conduit issuer for $1.75 billion of PABs on behalf of the project's private owners.

Firms reported difficulty finding skilled workers, as manufacturing expansion continued.