Economy

A bankrupt Texas issuer hasn't missed a bond payment, in contrast to the default of an issuer that hasn't filed.

Health and Educational Building Corp. chief Robert Donovan cited a wave of refinancings.

The South Carolina agency says the rate increases are unneeded even with $7.7 billion of bonds to support.

Moody's dropped Mercy Hospital to B1, affecting $71 million of debt.

A P3 for the Interstate 93 welcome centers is a success, state officials say.

Inflation will not grow as much as previously forecast, according to the latest projections in the Federal Reserve Bank of Philadelphia's survey of professional forecasters.

About $7.7 billion of debt is at stake as South Carolina's governor talks with investor-owned utilities about selling the public power agency.

Federal Reserve Bank of New York President William Dudley offered a positive outlook for the U.S. economy, job market and inflation on Thursday, saying better conditions would help support the most vulnerable Americans.

SANDAG has faced controversy over missed revenue projections and a failed bond measure.

Year's end is the new target to launch the first segment of the Brightline train service.

Officials from the New York Metropolitan Transportation Authority testified about the agency’s recently released subway action plan at a hearing Tuesday before the New York City Council’s transportation committee.

The rating boost from Moody’s Investors Service came ahead of a $250 million bond sale.

The subway crisis could change the political landscape, New York's mayor says.

Small businesses were more optimistic, as hiring activity increased, according to the National Federation of Independent Business' monthly Small Business Optimism index.

Port Houston has lost one of its three triple-A ratings due to legal and technical issues, but business prospects remain strong, port officials say.

Monetary policy is near appropriate levels, Federal Reserve Bank of St. Louis President James Bullard repeated Monday.

The agency said it can wind down the project; lawmakers to weigh prohibiting rate increases.

With no asset to show for more than $4 billion of debt, Santee Cooper’s bonds were downgraded by S&P.

After issuing $4.2 billion of bonds to finance two new nuclear reactors, Santee Cooper said the project was no longer affordable.

Public finance guru Richard Ravitch analyzes the New York region’s transit crisis and compares it with the problems he faced when he oversaw the MTA in the late 1970s. Hosted by Paul Burton.