Economy

Wells Fargo Securities hired four public finance veterans for key roles in its government and institutional banking group as it expands its housing and higher education teams.

A disconnect exists between actual spending and the high confidence levels seen in consumer surveys, Federal Reserve Bank of Atlanta President Raphael Bostic said in an interview published Thursday.

A new study could plant the seeds for rail transit across the Bayonne Bridge, though it would require cooperation between the New York region's two major transportation agencies.

Cook County's leader says state and federal issues weigh heavily on budget planning.

Manufacturing activity in the Federal Reserve Bank of Kansas City's region "expanded at a slower pace with solid expectations for future activity" in June, according to the bank's monthly manufacturing survey, released Thursday.

Joseph Lhota will return to New York’s Metropolitan Transportation Authority as its board chairman.

Existing home sales gained 1.1% to a seasonally adjusted 5.62 million-unit rate in May from a revised 2.5% decline to a 5.56 million sales pace the previous month, the National Association of Realtors announced Wednesday.

Gov. Andrew Cuomo advanced legislation to give New York State majority control of the Metropolitan Transportation Authority.

A remark by Gov. Andrew Cuomo could reinvigorate discussion about New York City congestion pricing.

Federal Reserve Vice Chairman Stanley Fischer said a long period of low interest rates may have contributed to “high and rising” home prices in several countries, cautioning against forgetting the lessons of the 2007-09 housing crisis.

Chicago enters the market with $825 million of new money and refunding O'Hare airport revenue bonds.

Despite potential changes on the horizon, public power ratings are showing improvement, according to Fitch Ratings.

New York’s MTA plans to come to market next week with a competitive $700 million BAN sale.

New York Gov. Andrew Cuomo celebrated the opening of a new concourse at Penn Station.

Indiana will assume direct control over a troubled P3 under preliminary settlement agreements.

The Massachusetts Bay Transportation Authority will conduct a study to identify commuter rail needs and improvements.

Jonathan Peters, a finance professor at the College of Staten Island and research fellow at CCNY's University Transportation Research Center, delves into aging infrastructure, cost overruns and interagency bickering that affect such projects as Gateway, Second Avenue subway and East Side access. Hosted by Paul Burton and Andrew Coen.

Builders’ confidence in the market for new single-family homes slipped as the National Association of Home Builders' housing market index fell to 67 in June from a downwardly revised 69 in May.

The Empire State Manufacturing Survey showed "business activity rebounded strongly in New York State," the Federal Reserve Bank of New York reported Thursday.

The Port of Oakland has earned an upgrade from Moody's Investors Service.