Coming back from COVID, states in the Southeast are seeing their revenue streams perk up as economic activity resumes across the region.

The Federal Reserve has aggressively ratcheted up interest rates to tame inflation. But that swift turnaround after more than a decade of accommodative monetary policy could create new risks to the financial system.

Illinois closed the books June 30 on a "record-breaking" year for general fund revenues.

The budget package awaiting Gov. Gretchen Whitmer's signature leaves billions on the table, for now, with contentious negotiations looming over the shape of tax relief.

Public private partnerships offer a new financing model for Colorado, which is prohibited from issuing general obligation bonds for state capital needs.

High energy prices and low unemployment have aided Oklahoma’s economy.

Illinois headed into the new fiscal year with healthier metrics on multiple fronts but its last audit illustrates the long-term drag posed by the state's retirement burden.

PennDOT could appeal to the state supreme court, but if not, the Pennsylvania P3 law may need to be rewritten.

The Federal Reserve System is facing increasing demands from the Senate to revamp the process for granting master accounts, disclose more information to the public and pick more diverse leaders. That pressure makes executive searches at the Kansas City and Chicago Fed banks more complicated.

Gov. Phil Murphy signed off on the $50.6 billion spending package on Thursday, amid growing concerns of economic slowdown.

The next generation of Senate Banking Committee Republicans has signed on to the latest salvo by Patrick Toomey — who will soon leave Congress — against the Federal Reserve Bank of Kansas City. That means the master accounts issue will live on.

The taxpayer refunds captured the most attention, but the final budget also includes a multi-year $47 billion infrastructure package.

The U.S. Conference of Mayors launched the P3 task force as cities prepare for an influx of federal infrastructure aid.

The finances of the controversial project remain unclear, but the favorable Texas Supreme Court ruling means the project has a chance of advancing.

Most large states are using pandemic aid for revenue replacement and this will be an issue in the future, an academic says.

The state made "unprecedented additions" to its reserves, protecting its triple-A bond rating, said state Sen. Janet Howell, Finance and Appropriations Committee Chair.

Democratic senators led by Bob Menendez urged the Federal Reserve to take a more active role in the selection process of the heads of its regional banks so that more diverse candidates would be considered.

The finance team is already lined up for the first of multiple issuances of bonds to help launch the first phase of the $9.5 billion New Terminal One project.

The move to take back local control came a few months after new leadership took the helm at the airport.

More budget haggling is anticipated before Gov. Gavin Newsom signs the budget. The state's fiscal year begins on July 1.