Economy

Moody's cited the enterprise's exceptional cash position and strong debt service coverage.

Foothill-Eastern Transportation Corridor Agency, one of two toll systems operated by The Transportation Corridor Agencies, received a ratings boost to A3.

Panelists diverged sharply on the outlook for 2026 at the Executives' Club of Chicago's Annual Economic Outlook panel, held at a hotel in Chicago's Loop.

With the latest injunction in favor of Revolution Wind, the Trump administration's war on alternative energy is seeming more and more quixotic.

New Jersey Transit CEO Kris Kolluri will keep his role under Gov.-elect Mikie Sherrill, and add a second position overseeing the state's two major toll roads. 

University Park joined four other cities in placing measures on the May 2 ballot asking voters to decide whether to withdraw from Dallas Area Rapid Transit.

Cindy Nichol, Sacramento International Airport's director, became chair of an international airport association.

The state's Local Government Commission approved the borrowing Tuesday.

Federal Reserve Bank of Richmond President Tom Barkin said economic uncertainty should ease in the coming year as businesses gain confidence in sustained demand and adapt to the new policy environment.

The Maine Municipal Bond Bank is bringing back its transportation revenue bond program, with a few changes to bolster the bonds' credit. 

Oregon transportation bond payments protected even if tax repeal succeeds, rating agencies say.

Fitch Ratings downgraded Nebraska's Regional West Health Services by two notches, lowering its long-term issuer default rating to CCC from B-minus.

A lawyer for the bondholders said a majority support the proposed treatment of the $61 million of outstanding bonds.

A federal judge set oral arguments for Jan. 28 in the legal fight over the Metropolitan Transportation Authority's congestion pricing tolls in Manhattan.

Analyst remain positive about the economic outlook next year, although some have reservations and volatility is possible.

Moody's Ratings upgraded the Chicago Transit Authority to Aa3 from A1 Friday, and upgraded the Chicago-area Regional Transportation Authority to Aa2 from Aa3.

The Northeast's offshore wind projects are battling to keep building again after the Trump adminstration cited national security to pause five leases.

State tax policy is playing a role in the location of data centers which have turned into a lightning rod attracting debt financing, local opposition, and federal involvement.

The governor announced $2.1 billion for road and bridge maintenance and flood repairs, financed with bonds backed by revenue measures in last year's budget.

U.S. electricity consumption has shifted from limited to rising growth due to the proliferation of data centers, which poses challenges for public power.