Tech competitors have converged on New Mexico to help the developing world——and maybe drought-stricken California.» Read More
CHICAGO, Nov 13- Farmland values in the central U.S. Plains held mostly steady in the July-September quarter compared to a year ago, with land prices and loan demand generally tracking commodity price trends, the Federal Reserve Bank of Kansas City said on Thursday. The bank's district includes Kansas, Nebraska, Oklahoma, western Missouri, eastern Colorado and...
Nov 1- Voters in several U.S. states will decide the fate of $44.7 billion in borrowing and other budget measures on Tuesday, with investors in the $3.7 trillion municipal bond market focused mainly on large offerings in California and New York. "Just two states, California and New York, are presenting voters with meaningful bond measures for approval," Peter Hayes,...
MOJAVE, Calif., Oct 31- A suborbital passenger spaceship being developed by Richard Branson's Virgin Galactic company crashed during a test flight on Friday near the Mojave Air and Space Port in California, killing one pilot and seriously injuring the other, officials said. The crash of the vehicle, undergoing its first powered test flight since January over the...
The recent drop in oil prices may soon take a big bite out of tax revenues in states that are big energy producers.
*China Q3 growth slowest since 2009 but less weak vs forecast. Treasuries prices fell on Tuesday as less worrisome data on China and a report on the European Central Bank possibly moving to buy regional corporate bonds allayed some concerns about the global economy and reduced safe-haven bids for low-risk government debt. The ECB story catapulted us down from...
A federal amendment expired, paving the way for Dallas Love Field to offer flights again and setting the stage for an airfare war.
The Permian Basin of west Texas and southeast New Mexico is seeing an exploration renaissance, according to Oilprice.com.
States are still seeing low levels of job growth despite the recovery. A weak housing and manufacturing sector has stymied employment.
Colorado is trying to outbid rival states like Florida and New Mexico for a bigger slice of the commercial aerospace industry pie.
The Land of Enchantment’s low costs might be charming, but the regulatory climate is not. Compared to its neighbors, the state’s economy is lagging.
As drought bakes nearly half the country, an expert says we may have to return to the days of WWII to ease the pain.
Shares of La Quinta fell as much as 2 percent in their trading debut on Wednesday, though they later rebounded and rose slightly.
Daniel Loeb's hedge fund will be losing Rhode Island as a client after the state's pension fund found his Third Point too risky.
Wider efforts to rebuild America's deeply depressed cities can't succeed until public safety is restored.
Even struggling metros are having success in attracting investment. In the process, they are creating a virtuous cycle of creativity.
These sunshine cities have focused their efforts on developing new industry niches to strengthen their local economies and promote future growth.
The ebbing economic tide from the Great Recession revealed some of the worst swindles in municipal finance in decades.
Detroit's bankruptcy, and rumblings about tax overhaul, have fueled a big sell off in the municipal bond market. What's next?
Visit any American city and it doesn't take a whole lot of imagination to see where its greatness came from—however faded it may seem to be.
Chattanooga has made a comeback over the last 5 years thanks to investing in high-speed broadband. In the process, it has wooed $4 billion in foreign investment.