Economy

A vote by California energy commissioners to require solar panels on new homes is credit negative for utilities, Moody's said.

New Jersey, Pennsylvania, and other states are hoping to capitalize on gaming legalized by the Supreme Court's decision on Monday.

Moody's sees minimal, but still credit positive, revenue effects for governments that tax legal cannabis.

The bonds will help complete a new hospital wing at Marin General Hospital.

State lawmakers compromised on legislation that provides $2.3 billion of bond authority for transportation and boosts funding for the state's lagging pension fund.

The financial health of Magnolia Regional Health Center, a 200-bed public hospital in northern Mississippi, has gone from fair to serious condition all because of an accounting rule.

The quarterly update showed growth slowed from 3.4% amid declining commercial leasing activity, and sluggish private sector job growth.

The municipal bond market will see another moderate new issue calendar this week, with about $4.9 billion of offerings going up for sale

The $914 million deal will help finance a $7.4 billion project to renovate and expand the airport.

Hopkins Airport plans to issue the airport revenue bonds later this year.

The Illinois hospital nonprofit faces a rating cut to junk if merger plans fall apart.

The South Carolina-owned agency’s A1 bond rating could be lowered due to threats from pending legislation and litigation, Moody’s said.

New Jersey Transit faces a December deadline to install positive train control.

The New York economy continues to expand.

The overall economy grew for the 108th straight time, the Institute for Supply Management reported Tuesday.

Texas factory activity, as measured by the production index, “rose markedly in April after posting slower growth in March.”

Pending home sales gained 0.4% to an index reading of 107.6 in March, from a downwardly revised 107.2 in February.

Respondents pointed to issues arising from tariffs and price increases for the decline.

Amid teacher protests, Colorado lawmakers have two weeks to clear a backlog of bills that include a $5 billion transportation bond authorization and a pension funding measure.

Respondents to the monthly manufacturing survey reported higher prices received, suggesting growing inflation, while respondents voiced concern about trade policy.