Industries

A new study indicates that the transition from coal to natural gas is resulting in deteriorating fiscal health in some communities and increases municipal bond yields.

A 2024 Illinois law changing sales tax distributions has ramifications for the fiscal cliff facing Chicago-area public transit agencies.

The Illinois Municipal Electric Agency agreed with 29 of its 32 members on new contracts that last until 2055, but the holdouts include two large customers.

A two-year process and a new financing vehicle were needed for the New York Power Authority to price the first prepay energy deal in the state. 

Streamlining federal permitting and partnering with state DOTs are among the priorities for the next surface transportation bill.

"It's time for this boondoggle to die," said Transportation Secretary Sean Duffy.

With big state incentives and tariff protection, a United Arab Emirates-based aluminum producer has pledged to build the first new U.S. smelter in decades.

Tim Ruby has joined Wells Fargo as its healthcare, higher education and not-for-profit division executive. He will be based in Chicago.

Some local governments have begun formal assessments about whether electric services to their communities should be municipalized or whether their existing franchise agreements can be updated in their favor.

The Public Service Commission said it will reconsider rates at its August meeting.