Economy

A $211 million, 35-year low-interest federal loan is the final piece of the funding plan for a Delaware toll road

New Jersey Gov. Chris Christie met Tuesday with federal transportation officials about funding for a long-stalled Hudson River rail tunnel that would connect his state to New York City.

Car rental taxes collected for stadium bonds must be refunded after their use was found to violate the Arizona constitution, a Maricopa County Superior Court Judge Christopher Whitten has ruled.

The new fiscal control board that oversees Greater Boston’s mass transit system is tightening its oversight of commuter rail subcontractor Keolis.

Moody's Investors Service has revised its outlook on Wisconsin-based Mercy Alliance's A2 rating to negative from stable due to execution risks with the system's January merger with Rockford Health System.

Gas prices fell in Washington State despite a 7 cent per gallon increase in the state gasoline tax, AAA said.

Standard & Poor's announced Friday that it is withdrawing its rating on Palm Drive Health Care District, Calif. after repeated attempts to get necessary information from the issuer failed.

The Illinois Finance Authority advanced plans for nearly $1 billion in borrowing on behalf of not-for-profit schools and hospitals led by the University of Chicago.

Fitch Ratings said 2014 hospital medians showed surprisingly strong results, while capital spending in the sector hit the lowest point in six years.

Smaller seaports may find it difficult to fund the facilities needed to compete with rivals that can accommodate larger cargo ships.

The $11.6 billion set aside for a new freight-related highway projects is seen as important part of Senate's proposed six-year transportation bill.

Many underlying causes of MTA subway train delays are controllable, New York State Thomas DiNapoli said while triggering an angry response from the authority.

Baltimore officials want Maryland to share savings from a cancelled rail project to upgrade the city's bus system.

U.S. Sen. Charles Schumer, D-N.Y., is proposing the creation of a new nonprofit development corporation that would help jumpstart a stalled Hudson River rail tunnel between New York City and New Jersey.

Los Angeles and Ontario's settlement agreement involving Ontario International Airport is likely to provide for a more politically acceptable and stable ownership, but credit issues linger, according to a Fitch Ratings report.

James Ferrara will become interim president of New York City Transit when current chief Carmen Bianco retires, MTA chief Thomas Prendergast announced.

Philadelphia International Airport's revenue bonds were lowered to A from A-plus because of a "relatively weak liquidity position."

Oregon motorists seem eager to sign up for the state's new miles-traveled road fee system but Connecticut lawmakers are not interested.

Public finance veteran Richard Ravitch said part of the solution to New York's mass transit funding problem would be to "elect better politicians."