Economy

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.

Halting the work is expected to save customers nearly $7 billion in additional costs, the state-run agency known as Santee Cooper told bondholders.

Less than two years after filing for bankruptcy protection, the private operator of a section of SH 130 toll road near Austin has reorganized with new financing.

How far off could economic estimates be in Puerto Rico? The truth is that nobody knows.

South Carolina and Georgia nuclear reactor owners inked deals supporting the projects, though they’re still deciding whether to complete them.

All Aboard Florida foes urged USDOT to use “extreme caution” reviewing a loan for the train project.

The Long Island Power Authority has scheduled a new $369 million debt refinancing and separate $350 million bond deal for this fall as part of its ongoing effort to generate savings in a lower interest rate environment.

New York Power Authority chief financial officer Bob Lurie visits The Bond Buyer to discuss the state's focus on alternative energy projects and his career path. Hosted by Andrew Coen.

The agreement allows owners of two new reactors at Plant Vogtle to take over construction.

The $4 billion reconstruction of the Delta Air Lines terminal at LaGuardia Airport will be the airline's financial responsibility.

Gov. Jerry Brown's administration disputed the prognosis about California's fiscal position.