ALBANY, N.Y.— There's new leadership at the New York Thruway Authority but no new answers for the state lawmakers who asked Thursday about how the state plans to pay for the Tappan Zee Bridge replacement. The $3.9 billion bridge now under construction is set to replace the aging Hudson River crossing between Westchester and Rockland counties.» Read More
Debating whether "shovel ready' infrastructure spending creates jobs, with Steve Moore, "Return to Prosperity" author, and Mort Zuckerman, New York Daily News publisher.
There are a lot of doomsday scenarios about China’s economy floating around these days and oddly, a number of them are focusing on infrastructure spending and rising local debt rather than the real threat of rampant inflation.
There are some interesting changes among the ranks of America’s Top—and bottom—States for Business. Accordingly, we’ve adjusted the categories. Here is the updated methodology:
Georgia, Florida, Illinois, Ohio and Pennsylvania can all make a good case for most-improved status, but, as usual, it depends on what metric you value the most.
The Old Dominion State returns as America’s Top State for Business in 2011, and we’re starting to detect a pattern here.
Following two years on top in 2008, and 2010, Texas is back at No. 2
CNBC's Scott Cohn reveals North Carolina scored high points for workforce, infrastructure, and low taxes, making it a perennial contender for top state.
We hope our fifth annual report on the states is the most comprehensive. We certainly have the highest quality data with the vast resources of the 2010 U.S. Census augmenting our exclusive recipe.
The end of Europe's love affair with nuclear energy provides fertile ground for the development of other renewable sources of power, according to the head of European infrastructure at private equity house Kohlberg Kravis Roberts (KKR), which has just completed a major deal in the sector.
When states make their pitches to companies, those pitches invariably include selling points that will somehow be paid for by taxpayers. Business incentives, quality education, strong infrastructure—none of that is free.
Housing construction is such a driver of the Chinese economy that if a real estate bubble were to burst the resulting shock could see economic growth fall to the low single digits. The FT reports.
It all turns on the criteria that make up the ten categories in our point system and this year has brought some interesting changes. Here's the rundown.
If recent land auctions across China are anything to go by, then Beijing’s efforts to cool the country’s sizzling residential property market are finally beginning to work after a year of moral suasion and threats to local governments, banks and developers. The FT reports.
The question now is how much economic growth may slow, before the authorities shift from controlling inflation to revving the growth engine. The NYT reports.
The Chinese government’s growth strategy has been to invest in highways, subways and bridges. Infrastructure spending, rising incomes, and a lack of leverage are contributing to stable future growth.
There are some jobs that pay six figures that you might not expect. Here are 15 surprising examples of jobs that pay $100,000 or more.
Global infrastructure projects are up and so are Caterpillar sales, Chief Executive Doug Oberhelman told CNBC Wednesday.
CNBC's Michelle Caruso-Cabrera takes a look at Brazil's efforts to build a stadium for the 2014 World Cup, and expand its infrastructure before the 2016 Olympics.
Nothing inspires more passion in Brazil than soccer. But the nation is dramatically behind schedule in putting in place the infrastructure required for when 600,000 visitors descend on the country.
CNBC's Michelle Caruso-Cabrera with a unique look at the way Brazilians deal with traffic jams.