Economy

Chances that the 42-year-old Navajo Generating Station could survive beyond 2019 have improved with President Trump's plan to subsidize coal.

Voters in the greater Portland area will decide in November whether to approve a measure to provide funding for affordable housing.

Members of the state Parkways Authority approved a bond resolution Thursday authorizing the sale of more than $300 million in bonds, to be funded by doubling tolls on the West Virginia Turnpike.

The New York City Housing Development Corp. intends to issue up to $838 million in in multi-family housing revenue bonds and provide $321 million in additional financing for affordable developments.

Senate and House Appropriations Committees appropriate more funds for certain transportation and housing programs after the president sought cuts to or elimination of the programs.

San Francisco’s former redevelopment agency is taking advantage of a 2015 law allowing it to bond for affordable housing.

The Kentucky county’s BB general obligation bond rating was withdrawn less than a month after S&P Global Ratings downgraded the bonds seven notches.

Revised criteria for not-for-profit hospitals combined with insurance-related losses to result in a downgrade for New York State’s largest healthcare provider.

The House Transportation and Infrastructure Committee Chairman is reportedly crafting infrastructure legislation that could be introduced as soon as this summer.

Maine Gov. Paul LePage has been ordered by a judge to begin implementation of voter-approved Medicaid expansion after missing the state’s April 3 deadline.

The plan would raise power costs, but analysts say municipal utilities and energy cooperatives can absorb the increases or pass them on to customers.

Its plan aims to create 3,900 homes in the greater Portland region.

The looming legalization of sports betting in New Jersey will provide only slight winnings to the Garden State and Atlantic City, according to analysts.

For three hours Monday, members of the state Parkways Authority hashed out details for the sale of more than $300 million of turnpike bonds, a plan the authority is expected to formally approve on Thursday.

After nearly three decades of waiting for federal funds, the Texas port will issue its own debt to expand its ship channel for larger tankers and cargo vessels.

GDP will be stronger this year than in 2017, but will dip in 2019, while inflation will also spike this year before moderating next year.

The New York economy continues to expand, even as revenues slumped in May.

Officials say a long-awaited transit project reached the finish line thanks to the federal transportation grant program.

Construction spending surged by 1.8% in April, well above the 0.8% gain expected, mainly due to a 4.5% jump in private residential construction.

According to the ISM's monthly report on business, the ISM index increased to 58.7 in May from 57.3 in April.