Economy

Republican presidential nominee Donald Trump proposes more than $500 billion of new federal infrastructure investments.

A compromise agreement to put a tax hike on the November ballot that would help fund a $4.7 billion mass transit funding package for Southeastern Michigan could be voted on Thursday.

States only have until Aug. 20 to designate highway corridors where electric vehicle charging stations can be built under a new administration program that will provide $4.5 billion of loan guarantees to public-private partnerships and other collaborative efforts to develop and deploy a network of such stations.

Intercity passenger, freight, and bullet train projects are eligible for a little-used program of federal low-interest loans and guarantees.

The University of Texas System will bring its triple-A credit to two bond deals worth a combined $609 million.

The Southeast Michigan Regional Transit Authority failed to secure enough votes to put a 20-year transportation millage on the Nov. 8 ballot in a vote taken this week.

Miami-Dade County will price $365 million of tax exempt non-AMT refunding bonds and $377 million of taxable bonds on Wednesday.

Road, transit, and rail projects in 32 states share $500 million in latest round of competitive TIGER grants.

Wisconsin lawmakers warn that a looming $940 million road revenue gap may require a higher gasoline tax.

Four transportation agencies in California's three largest metropolitan areas have placed tax measures on November's ballot.

New York MTA expects to save roughly $152 million in interest from its planned $1 billion sale of Hudson Yards lease securitization bonds, said CFO Robert Foran.

Transit providers in 13 states will share $55 million in federal smog-busting bus grants.

The New Jersey State Senate is pressing ahead with a new gas tax bill to replenish the state's Transportation Trust Fund despite opposition from Gov. Chris Christie.

Americans favor funding transportation with an increase in the federal gasoline tax dedicated to maintenance.

The Federal Transit Administration granted Honolulu additional time for a recovery plan to deal with cost overruns on its elevated rail project.

Four Ohio Congressmen are concerned that the Internal Revenue Service and Treasury Department's proposed definition of a political subdivision could impede a $35 million terminal improvement project for one of the state's regional airports.

New York MTA intends to close the Canarsie Tunnel between Brooklyn and Manhattan for 18 months beginning in 2019 to repair Hurricane Sandy damage.

The authority that runs Detroit's main airport is on the hunt for a new leader following chief executive officer Thomas Naughton's decision to retire this fall.

Gas tax collections dedicated to highway projects are expected to drop as cars become more fuel-efficient.

Uncertainty over the future of the North American Free Trade Agreement has not stopped Texas from continuing to invest in freight routes across the Rio Grande.