Economy

President Obama appointed Beverly Scott, former general manager of the Massachusetts Bay Transportation Authority, to the National Transportation Safety Board.

President Obama signed Congress's latest transportation funding extension while criticizing lawmakers for the short-term HTF fix.

Port Authority of New York and New Jersey Chairman John Degnan says federal backing is needed in order to advance a stalled Hudson River tunnel project from Amtrak that is being pushed by U.S. Transportation Secretary Anthony Foxx.

The Central Puget Sound Regional Transit Authority in Washington State is planning to sell nearly $1 billion of green bonds Aug. 4 to pay for its mass transit system and for possible refunding purposes.

Numerous protestors plan to object to a Florida agency's approval of $1.75 billion of private activity bonds for a passenger train project.

Requests for $500 million of federal TIGER grants available in fiscal 2015 total $9.8 billion, Transportation Secretary Anthony Foxx said.

Honolulu Mayor Kirk Caldwell announced that he has hired transit expert and consultant Michael Burns to oversee Oahu’s $6 billion elevated rail project.

Standard & Poor's placed Palm Drive Health Care District, Calif.'s revenue debt on negative watch due to lack of timely information.

Moody’s Investors Service upgrade Dayton, Ohio-based Kettering Health, saying the eight-hospital system has seen a strong financial performance in the last two years.

The Chicago Transit Authority enters the market next week with a $176 million issue to refund some of its federal grant-backed debt for savings.

Senators avoided an Aug. 1 shutdown of highway projects by passing the House’s three-month HTF extension.

Connecticut bond panel approval of $546 million in GO bonds, including a block of Gov. Dannel Malloy’s priority transportation, raises questions about debt load.

Lawmakers in Sacramento are trying to solve a very big and expensive puzzle: how to fund California’s estimated $5.7 billion annual infrastructure funding gap.

Chicago Mayor Rahm Emanuel submitted bonding ordinances to authorize up to $2 billion of O’Hare airport borrowing as well as $675 million of general obligation and wastewater debt.

The developer of the All Aboard Florida private passenger train system plans to quickly issue $1.75 billion of private activity bonds after approval of the deal.

The $8 billion, three-month extension of the Highway Trust Fund avoids a project shutdown in August.

Credits of the U.S. publicly owned airport sector and the crucial role of airport management are undervalued by the major ratings agencies despite their blemish-proof record, Kroll Bond Rating Agency said in a new report.

MTA Chairman Thomas Prendergast called on New York Mayor Bill de Blasio to quintuple the city's capital plan contribution to $3.2 billion.

House plans to leave for a long recess Wednesday after voting on a 90-day extension of federal highway funding.

Dallas sees strong demand for $109 million of bonds for a badly needed parking garage as the city deals with an airline battle for gates at the remodeled airport.