Economy

The ruling marks the first major defeat for OTA in lawsuits seeking to derail its plan for a $5 billion, bond-financed extension project.

Hospital fiscal wounds have mounted this year and the balance sheet damage is expected to extend into 2023 as labor pressures show little sign of easing.

The Securities and Exchange Commission's 2020 amendments to rule 15c2-11 on the publication of quotes by broker dealers won't be enforced until 2025.

Powell said smaller interest rate increases are likely ahead — and could start as early as next month.

The authority said it expects production problems and higher costs in the near future.

University of Chicago Medicine and City of Hope are borrowing through the IFA for acquisitions that expand their footprint

Former state transportation official Shailen Bhatt, if confirmed by the full Senate, would play a key role in the rollout of highway funds in the bipartisan infrastructure law.

A full review of the deal pushes its consideration by the Texas Bond Review Board into January.

Incoming Gov. Wes Moore's political support for Hogan's signature project is uncertain.

The financially distressed utility has less than two weeks to find a substitute supplier of 80% of its fuel.

"We continue to see very strong job numbers. Florida is in as good of a position as we could possibly be," said Jimmy Heckman of the state Department of Economic Opportunity.

The deal has until the end of Friday to clear the Texas Bond Review Board, whose members had no questions about the transaction when it was presented at a Thursday meeting.

The merger talks between South Dakota-based Sanford Health and Minnesota-based Fairview Health are the not-for-profit sector's latest consolidation attempt.

The DOT's federal financing pipeline has mushroomed in recent years, as has the type of projects being financed.

Puerto Rico's employment trends are better than its fellow territory's since the onset of the COVID-19 pandemic, say Federal Reserve Bank of New York analysts.

Republicans critical of the infrastructure law won't be able to stop the flow of federal funds, even if they win the House.

Fitch also affirmed the A rating on $800.3 million of senior lien seaport revenue bonds Miami-Dade County issued on behalf of its seaport department.

The suit, filed on behalf of community groups and area residents, alleges New York state officials skirted the law when negotiating a deal with developer Vornado Realty Trust in 2018.

S&P said the ProMedica's divestiture helps address operating losses but it's a longer road ahead to return to investment grade.

The San Benito Health Care District board declared a fiscal emergency, a first step to declaring Chapter 9 municipal bankruptcy under California law.