Politics

Texas Attorney General Ken Paxton's office said it's reviewing whether 10 financial companies, including Bank of America and JPMorgan Chase, violate a state law that punishes firms for restricting their work with the oil-and-gas industry because of climate-change concerns.

The deal is expected to be executed Dec. 14, putting four government-run tollways under Albertis Infraestructuras SA, which already runs Puerto Rico toll roads.

The commonwealth revamped its P3 law last year in the wake of a court ruling striking down a tolled bridge program.

The state reported a $7.07 billion budget balance and $1.8 billion in its rainy day fund.

Endorsed by Donald Trump, Landry has fought against ESG precepts and has had several run-ins with the state Bond Commission over firearms and abortion issues.

Officials in Connecticut, Massachusetts and Rhode Island say a multi-state coalition will help address the challenges of the new wind energy industry.

In January 2022, mobile sports betting went live. With a 51% tax rate on gross gaming revenues, New York, Rhode Island and New Hampshire have the highest gaming taxes in the nation.

"Further declines could weaken New York's tax revenue from the securities industry and have repercussions for our state and city budgets," said New York State Comptroller Thomas DiNapoli.

The proposed spending plan includes the first chunk of money from the city's new casino, which will support underfunded police and fire pensions.

"Financial markets are tightening up and they are going to do some of the work for us," Federal Reserve Gov. Christopher Waller said in a conversation moderated by Paul Ryan.

Daly said the neutral interest rate — also known as R-star — may be higher now than it was before the pandemic

Despite recent improvements, "inflation remains well above the FOMC's 2% target. Domestic spending has continued at a strong pace, and the labor market remains tight," Bowman said Wednesday.

A rising number of states levy a tax or fee on electric vehicles, but a new Senate bill would enact the first federal tax.

"The inflation rate is still too high, the level of inflation remains high, but at least we're seeing progress on it," Mester said Friday during an interview with CNN International.

The two-day meeting in Atlanta kicked off what the mayors say will be a regular meeting to promote more public-private partnerships for infrastructure projects.

Revenue for the state's fiscal 2024-25 biennium that began Sept. 1 is projected to exceed the enacted budget by nearly $18.3 billion.

Several states enacted school voucher or tax credit laws this year, while Arizona officials grapple with rising costs in its universal program.

Economic and demographic trends working against revenues at U.S. higher education institutions are very evident in West Virginia at the start of the school year.

Public finance advocates are examining House speaker candidates to see which ones have local and state experience.

Investors and ratings analysts look beyond the bevy of local hospitality taxes backing MetPier's debt to the state sales tax that acts as the paper's ultimate security.