Economy

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.

A court decision on Illinois Medicaid bill payments could come on the last day of a special session.

The developer of a Florida passenger train service may forgo private activity bonds.

CHARLESTON, W.Va. -- Gov. Jim Justice Tuesday signed a bill that would create a single-fee E-ZPass program and set the date to vote on highway bonds.

Service sector activity “improved at a more moderate pace in June,” according to the Federal Reserve Bank of Richmond service-sector activity survey, released Tuesday.

Manufacturing in the central Atlantic region “improved in June,” according to the monthly business activity survey conducted by the Federal Reserve Bank of Richmond, as the manufacturing index climbed to 7 in June from 1 in May.

Lawyers for Medicaid recipients will ask a judge to order Illinois to pay nearly $1.1 billion more a month.

A California court handed a partial win to both sides in litigation between water providers.

New York City lost fewer jobs and recovered faster than the rest of the country from the Great Recession, according to a first-of-its-kind study released Monday by New York City Comptroller Scott Stringer.

Texas factory activity, as measured by the production index, “increased in June,” according to the monthly Texas Manufacturing Outlook Survey conducted by the Federal Reserve Bank of Dallas, released Monday.

Florida’s utilities expect to take on more debt to develop alternative water sources, Fitch Ratings says.