Economy

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.

The nation’s largest municipal bond conduit issuer is expanding a program that funds upgrades with future energy savings.

While New York MTA's proposed 2.4% bump in its five-year capital program involved no new funds, it generated spirited debate on several fronts.

U.S. Sen. Marco Rubio has raised questions about Brightline's plan sell up to $1.75 billion in tax-exempt bonds to help pay for the construction of its passenger rail service connecting South Florida to Orlando.

FirstEnergy Corp. has reached a settlement with bond holders of pollution control notes issued by its bankrupt subsidiary FirstEnergy Solutions.

Vernon succeeded in its second stab at passing a utility tax that ends a practice of using a utility fund to close city deficits.

Components of the MTA's bus-overhaul initiative could pave the way for congestion pricing, which New York's state legislature essentially sidestepped this year.

New single-family home sales pace saw a significant rise in the month, increasing by 4.0% to 694,000.

Manufacturing growth in the central Atlantic region “slowed in April.”

Home prices rose 6.3% on an annual basis in February, not seasonally adjusted, according to the S&P CoreLogic Case-Shiller U.S. National Home Price Index, released Tuesday.