Economy

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.

Adventist Health West agreed to pay $112 million in Fremont-Rideout Health Group bond debt as part of a merger.

Allegheny County Executive Rich Fitzgerald wants to raise nearly $114.5 million through issuing bonds to pay for the county's capital budget.

A $1.4 billion sale from New York Transportation Development Corp., for Delta’s redevelopment at LaGuardia Airport is the bellwether deal of a near $8 billion week of new issuance. This will mark the first time in six years that Delta has issued in the tax exempt market and will be the second largest airline special facility bond ever completed in the municipal market.

Marin General Hospital hopes to issue just under $159 million in revenue bonds next month to help pay for its new hospital wing and parking garage, and to retire debt.

Home resales rose by 1.1% in March to an annual rate of 5.60 million, ahead of expectations for a second straight 5.54 million pace.

The deal absorbs the debt of newly acquired systems, and SSM says it will "materially" lower interest.

With uncertainty surrounding federal infrastructure funding, Tennessee’s capital city is placing a largely locally funded, bond-financed program before voters.

Uncertainty around the Delta water tunnel project underscores the challenges faced by the state’s utilities.

U.S. new-home construction rose by more than forecast in March on a rebound in multifamily starts, giving a boost to first-quarter economic growth, government figures showed Tuesday.

Muni market groups told the MSRB that its latest FAQs about municipal advisors need to more clearly integrate existing guidance from both the board and the SEC to avoid creating confusion.

The Seneca Nation of Indians demand a cut of toll revenue for a nearly three-mile stretch of road built on tribal land 60 years ago.