Economy

In the face of changes to health laws, nonprofit hospitals should focus on risk management, Moody's says.

New York Gov. Andrew Cuomo wants President Trump to provide "emergency" funds to repair Manhattan’s Penn Station.

Colorado Gov. John Hickenlooper won't call lawmakers back for a vote on $3.5 billion for highway bonds.

A bid to privatize the Westchester County, N.Y. airport may be grounded this year by local politics.

S&P Global Ratings named Ken Gacka to manage analysis of the not-for-profit healthcare sector.

The merger of two Twin Cities area not-for-profit hospital systems is expected to close June 1.

Public power agencies in Georgia and South Carolina face headwinds from the Westinghouse bankruptcy.

The June Federal Open Market Committee meeting should be live, Federal Reserve Bank of Philadelphia President Patrick Harker said.

California's senior senator vowed to oppose DOT nominees until Caltrain funding is released.

Authority says moves are part of a plan to improve service.

The pace of housing starts fell by 2.6% to a 1.172 million seasonally adjusted annual rate in April, well below expectations for a rebound to a 1.260 million pace, data reported by the Commerce Department Tuesday morning showed.

MetroHealth's low-investment-grade deal received plenty of orders with attractive yields offered.

Texas lawmakers rejected new P3s that would have brought billions of dollars of highway investments.

Builders’ confidence in the market for new single-family homes climbed as the National Association of Home Builders' housing market index grew to 70 in May from 68 in April.

The Empire State Manufacturing Survey showed "business activity leveled off in New York State," the Federal Reserve Bank of New York reported Monday, as the general business conditions index decreased to negative 1.0 in May from positive 5.2 in April.

Colorado Gov. John Hickenlooper may call lawmakers back to reconsider a transportation bill.

A Georgia hospital system's bankruptcy could give bondholders a big haircut.

A federal judge dismissed two lawsuits that attempted to block All Aboard Florida’s use of bonds.

Transportation Secretary Elaine Chao continues to block federal funds for a California rail project.

The federal government ran a $182.4 billion surplus in April, the Treasury Department reported Wednesday.