Economy

The December 2020 supplemental aid package provided $9.8 billion directly to state departments of transportation, the only direct stimulus that DOTs received.

John Boyd, principal at The Boyd Company, chats with Chip Barnett about how the COVID-19 pandemic and hybrid work has altered the way companies look at cities and states when they think about locations for their headquarters. (20 minutes)

Toll roads, registration fees and mileage-based fees are seen as the most sustainable options for replacing declining fuel tax revenue, but feasibility issues and political pressures complicate the way ahead.

The authority will takes steps to raise $1 billion to address expected growth of expenses.

The temporary injunction halts all work on Pennsylvania's $2.2 billion Major Bridges program.

Some worry that governments will use new infrastructure funds for generic, shovel-ready projects, or even tax cuts, instead of collaborative plans that could transform regions.

The sector is a target-rich environment due to the large amount of sensitive data that healthcare entities maintain for patient care and operations.

California has received the most, at $9.7 billion, followed by New York. Transportation is the top spending category nationally followed by climate, energy and environment.

ProMedica's senior living division has suffered deep pandemic-related fiscal wounds while its hospitals' recovery was set back by the Omicron variant.

Toll roads could see a negative impact if elevated fuel prices linger for three years or longer, but mass transit would benefit, says S&P Global Ratings in a report.

If the deal closes, the two systems say they will evaluate existing debt structures and combine credits where possible and beneficial.

The recent Texas law led the Texas Department of Housing and Community Affairs to drop three underwriters from a recent deal late in the process.

China accounts for more than half of the port's two-way container trade.

Despite the pandemic, operating revenues increased 7.6% from 2019 to 2020 and 8.25% from 2020 to 2021.

The recovery is expected to continue this year and into next as the tourism industry looks to surpass 2019’s record-setting year.

Norman Mineta was a transformative force in transportation policy, capable of building bridges across the political aisle.

The U.S. economy will probably fall into a recession as the Federal Reserve combats multidecade-high inflation, Randal Quarles, the Fed’s former vice chair for supervision, said.

The federal government regulates vehicles, while states generally regulate drivers, an unofficial division that creates confusion.

The MSRB plans to issue a request for comment on its Rule G-14, in addition to publishing a summary of the comments on its request for information on ESG factors.

The West Virginia Democrat has been critical of Biden's goal of a speedy transition to electric vehicles, in part because of China's dominance of the battery market.