When set against high-profile public finance projects like American Dream and Legacy Cares, Florida's Brightline marks a rare success for investors.

The application criteria for the grant programs handcuffs $5.5 billion in transportation spending to progressive priorities," said Texas GOP Sen. Ted Cruz.

This could be the first time the bond market has posted three consecutive negative total return years, according to John Hancock Investment Management Co-Chief Investment Strategist Matt Miskin.

States use tax proceeds in a way that appeals to voters because recreational marijuana is often legalized through a referendum process.

A state congressional committee voted down a proposal to replace the aging Calcasieu Bridge with a toll-road through a public-private-partnership. Now limited options remain to carry out the work, say some state officials.

New House Speaker Mike Johnson has laid out an aggressive calendar to avoid a government shutdown.

Gov. Gretchen Whitmer chose Jen Flood, her deputy chief of staff, to replace Chris Harkins who is leaving state government later this year.

The nearly two-year delay in setting up the per-mile charging fee pilot program means Congress will not be able to consider the feasibility of the fees as it crafts the next surface transportation law.

The Gulf of Maine offers "significant opportunities" for offshore wind energy development, federal authorities announced. That's good news for state officials hoping to tap the technology's potential to meet green energy goals.

The state's strong reserves contributed to brighter rating outlooks from Moody's Investors Service and, earlier this year, S&P Global Ratings.