Economy

While an Oklahoma regulatory official said the bond sale's results for ratepayers was “simply horrifying,” the rapid increase in U.S. Treasury and municipal interest rates since the start of the year were directly correlated.

“We have to be able to build things better and faster in this country and you don’t have to be a Democrat or a Republican to agree with that."

Inflationary-driven challenges pose a drag on hospitals’ fiscal recovery from the pandemic with short-, mid-, and long-term action needed.

The West Lake Corridor and Double Track projects are billed as transformative projects to bolster local economic development by enhancing links to Chicago.

Many local governments are taking this opportunity to partner with neighbors to help strengthen and build more ambitious projects across regions.

A heat wave blasting Texas and other states is unlikely to lead to days-long blackouts as 2021's Winter Storm Uri did, the rating agency said.

The hospital is banking on increased federal reimbursement funds next year when the new Rural Emergency Hospital designation for eligible Medicare providers takes effect.

A new study found that following the recent law in Texas law barring muni underwiriting by banks discriminating against the oil and gas industry, municipalities face higher borrowing costs after many players exited the market.

Ownership issues seem to be worked out, more or less, but reopening the refinery remains in doubt.

While the number of deals slipped, the amount of revenues involved in announced transaction hit a peak.

Transportation Secretary Pete Buttigieg announced $1 billion in federal grants to 85 airports, including LAX.

The MSRB’s proposed changes to its fee structure fails to address the discrepancy between fees generated from dealers and municipal advisors in addition to a lack of transparency in its budgeting process.

The CFO will be joining Dallas Area Rapid Transit starting July 18.

The board also approved a rollover of bond anticipation notes because it doesn't have access to the bond market.

Construction material costs, which often rise faster than the consumer price index, have surged over the last year while a shortage of skilled construction workers has plagued the industry.

The proposed gas tax holiday would hold the Highway Trust Fund harmless with a $10 billion subsidy.

S&P raised the outlook to positive for St. Louis Lambert's general credit and Chicago O'Hare's customer facility charge credit.

The double-A rated Santa Clara Valley Transportation Authority has operated under a cloud for decades, according to Assemblymember Marc Berman.

The Federal Reserve has started a hiking cycle that's expected to continue with half-point increases in June and July, Marvin Loh, senior macro strategist at State Street Global Markets, will assess the June Federal Open Market Committee meeting and tell what he expects the panel to do in the future.

This week's $61.8 million Wisconsin Health and Educational Facilities Authority deal folds two new subsidiaries into the obligated group.