Economy

The bank deregulatory bill passed by Congress on Tuesday would also make fewer banks systemically important and close a legal loophole that had allowed banks to defraud Puerto Rico investors.

Lawmakers in the 27-member Florida delegation in the House are divided about whether more private-activity bonds should be used for Brightline's 235-mile passenger rail line.

Nick Sifuentes, executive director of the Tri-State Transportation Campaign, examines the headaches and potential of New York regional transit. Paul Burton and Andrew Coen host.

A judge had previously ruled that the airport should void a retail contract, putting its revenues at risk.

The privatization plan is in a holding pattern with new County Executive George Latimer calling for his own aviation blueprint.

Bell, a public finance investment banker, founded the Charles A. Bell Securities Corp.

In the first tranche of its $800 million sale, West Virginia says residents will get an opportunity to invest in the state.

Facing a May 31 deadline to issue the $1.15 billion of PABs, All Aboard Florida asked the federal transportation agency for extra time to sell the debt.

The lawsuit says the state's plan to pay off oil producers by issuing bonds violates the state constitution.

Public transit agencies have a $90 billion backlog of maintenance, repair and modernization projects.

Two rating agencies put Presence Health's low-investment grade ratings on watch for upgrades.

The Puerto Rico Economic Empowerment Act of 2018 would implement some of the recommendations made by a congressional task force as well as provisions left out of disaster relief legislation, according to the two Republican senators who offered it.

State authorization for design-build use on a Brooklyn-Queens Expressway work is a door-opener, New York City transportation Commissioner Polly Trottenberg said.

Manufacturers report continued growth in May, but the Federal Reserve Bank of Philadelphia Report on Business respondents reported increasing costs.

The U.S. infrastructure system looks remarkably backwards to many international eyes, and threatens the economy in the long run, experts said on Wednesday.

The bonds are the latest of a series to restructure debt by the utility and its partner Bonneville Power Administration.

Transportation lobbyists and researchers discussing surface transportation finance during an Infrastructure Week webcast were unanimous in saying that Congress should lift the general prohibition on tolling interstate highways.

Builders’ confidence in the market for new single-family homes grew again as the National Association of Home Builders' housing market index climbed to 70 in May from a downwardly revised 68 in April, first reported as 69.

Prices paid remain elevated, while business activity improved, the Empire State Manufacturing Survey, released Monday by the Federal Reserve Bank of New York, suggested.

Healthcare giant Catholic Health Initiatives now has a stable outlook on its Baa1 rating from Moody's Investors Service.