Industries

State Departments of Transportation said $50 billion would provide states the ability to meet existing debt obligations.

More federal rescue moves are necessary for the nation’s largest mass transit system, according to the advocacy group Reinvent Albany.

Only a skeleton service will remain for essential workers who need to leave home to do their jobs.

Urban areas will get $22.7 billion in formula funds and $2.2 billion will go to rural areas.

Incoming data continued to show massive hits from the efforts to stem the spread of COVID-19, with jobless claims doubling and the New York manufacturing sector hitting all-time lows in activity.

Fitch Ratings placed Alaska's AA-minus issuer default rating on Rating Watch Negative.

Wednesday’s economic data were not as bad as projected, but included just the beginning of the effects of the coronavirus on the economy.

Consumer confidence dropped in March as the economy shut down to prevent the spread of the coronavirus, but economists expected a larger decline.

The state treasurer’s office began purchasing eligible VRDOs from participating Ohio health care systems and other critically important institutions.

"Like all businesses, we are operating in a period of uncertainty which may last several months," Virgin Trains/Brightline President Patrick Goddard said.

Initial jobless claims surged, as expected, hitting an all-time high of a seasonally adjusted 3.283 million in the week ended March 21, as the impacts of the coronavirus-driven closures showed in the numbers, the Labor Department said. The previous high for claims was 695,000 in October 1982.

A judge preliminarily approved a deal to end three lawsuits, but the South Carolina-owned utility still faces federal securities fraud litigation.

Disclosure in a series of pending and recently priced Midwest healthcare deals underscore the rapidly evolving impact of COVID-19.

New home sales were up 14.3% from a year ago, despite a 4.4% decline in February to a seasonally adjusted annual rate of 765,000, the Commerce Department reported Tuesday.

They asked for a combined $4.4 billion.

Gerrard Bushell, executive chair of the New Terminal One Development Project at John F. Kennedy International Airport, discusses how the $7 billion public-private partnership is progressing under the leadership of New York Gov. Andrew Cuomo. Hosted by Andrew Coen.

Smaller hospital systems warn they are on fiscal life support as groups lobby for federal funds.

Two rating agencies placed a negative outlook U.S. toll roads, while others monitor risks as volumes decline as COVID-19 keeps drivers at home.

Cost cutting is underway at central Florida's Orlando International Airport due to a steep decline in flights and passengers amid the coronavirus outbreak.

The Medicaid Redesign Team would pare spending on state hospitals by nearly $400 million and projects $1.6 billion in savings overall.