Economy

The unused allocations stand at $150.3 million for governmental bodies and $179.36 million for cooperative electric companies.

Boulder, Colo. hopes to succeed where many other local governments have failed.

Newport News' Industrial Development Authority on Friday approved issuing $50 million of revenue bonds on behalf of Riverside Healthcare Association so that the hospital group can fund $130 million of renovations and new projects at its facilities in Newport News and Gloucester and Essex counties.

Since 2013, the Tupelo, Miss., and Lee County school districts have made major additions and improvements to their school campuses. Besides the obvious benefits of those construction projects to the school districts, the improvements have pumped nearly $40 million total into the local economy and employed hundreds of local residents.

New York City's comptroller called for a $3.5 billion bond measure to fund mass transit improvements.

More than two years after creating a CEO position, the Port Authority hasn't hired one.

Uncertainty surrounding U.S. government policy may be holding back economic growth because of its negative impact on business investment, Federal Reserve Vice Chairman Stanley Fischer said.

Traffic and revenue on new managed lanes in Dallas fell below expectations in their first year.

Ohio transit funding got a boost from a veto override.

The Long Island Rail Road is still working out alternatives to Penn Station construction this summer.

The U.S. services sector expanded in June, the Institute for Supply Management reported Wednesday.

The value of new factory orders fell by 0.8% in May, larger than the 0.6% decline expected, data released by the Commerce Department Wednesday morning showed.

“New York City purchasing managers indicated they expect to close 2017 with increased business activity,” the Institute for Supply Management-New York’s Report on Business index, released Wednesday, indicated.

Construction spending was flat in May, data released by the Commerce Department Monday morning showed.

The overall economy grew for the ninety-seventh straight time, the Institute for Supply Management reported Monday.

The Indiana Finance Authority approved its takeover of a struggling highway public-private partnership.

Troubleshooter Joe Lhota, back as chair of New York's MTA, has no shortage of challenges.

The seasonally adjusted Milwaukee Report on Business remained in a range in June.

Cuts to Ohio's Medicaid program may delay Gov. John Kasich's signature on the state budget.

Aetna is moving its corporate headquarters to Manhattan, New York City Mayor Bill de Blasio announced on Thursday. The health insurance company will move from Hartford, Conn., to its new headquarters at 61 9th Avenue by the end of 2018.