Economy

Kroll Bond Rating Agency provided its first rating for a Texas issuer and for an airport June 9, rating Dallas-Fort Worth International Airport AA-minus.

House GOP leaders push ahead with a plan to fund highway projects for a year with savings realized by limited Saturday mail deliveries.

Moody's Investors Service has downgraded Illinois-based Presence Health's rating one level to Baa2 due to ongoing operating pressures.

The Metropolitan Atlanta Rapid Transit Authority adopted a $885.7 million budget for fiscal 2015 and approved the sale of $287 million of bonds June 5.

Health-care cost savings in contracts between New York City and its municipal labor unions should be recurring and "bend the cost curve" by making the system operate more efficiently, said Carol Kellermann, president of the Citizens Budget Commission watchdog organization.

Macomb County, which is adjacent to Detroit, is considering issue $270 million of long term bonds to cover its retiree health care benefit liability.

New study links increased public corruption to high levels of state expenditures on highways and other construction projects.

Infrastructure in New York City and around the Northeast is crumbling. How to pay to fix it is a question without easy answers.

It's yes to 38 Studios debt and no to Sakonnet River Bridge tolls as Rhode Island House Finance Committee approved a revised $8.7 billion budget.

The leaders of the Senate Finance Committee on Thursday that they will hold a series of tax reform hearings this summer and will continue to look for innovative ways to fix the Highway Trust Fund other than using revenues from repatriation.

The Senate Appropriations Committee on Thursday approved a $51 billion transportation spending measure for fiscal 2015, as a subcommittee chair warned about the pending insolvency of the Highway Trust Fund.

Fitch revised the outlook to negative on Alabama's Birmingham Airport Authority bonds citing erosion in the enplanement base as debt service obligations begin to increase.

Colorado Gov. John Hickenlooper has vetoed a bill that imposed limits on public-private partnerships for transportation projects in the state.

S&P revised its outlook on Rhode Island Turnpike and Bridge Authority revenue bonds to negative from stable while affirming its A-minus rating on the bonds.

Colorado's Regional Transportation District has already broken ground on its new North Rail Line that will be financed with $431 million of debt going to market Thursday.

Recent improvements in airline profits are credit positive for airport bonds and may lead to increased capital investments, Well Fargo says.

Senate Appropriations subcommittee approved legislation that would keep federal highway funding at 2014 levels next year while increasing transit spending by $310 million.

San Francisco Mayor Ed Lee released his spending plan for the next two years, which includes a $500 million general obligation bond, and investing $94 million in affordable housing projects.

House GOP leaders propose cutting Saturday mail deliveries and use the savings to fund highway projects.

Sen. Chris Murphy, D-Conn., will propose a 12 cent per gallon increase in the federal gasoline tax to support highway and transit projects.