As the U.S. airline industry continues to shrink, dozens of small and midsize cities are scrambling to try to maintain their economic lifelines. » Read More
Pension and health care burdens. Crumbling roadways. There's no end to big city budget woes, but some quirky tactics within municipal books.
Even struggling metros are having success in attracting investment. In the process, they are creating a virtuous cycle of creativity.
Baltimore's needs billions to fix its aging water infrastructure. The trickle down effect for residents: rising bills to clean up the system.
CNBC's Scott Cohn reports from the Patapsco Wastewater Treatment Plant in Baltimore, Maryland, where the city has budgeted $3 billion over the next several years to fix the system.
Senior correspondent Scott Cohn on how Baltimore's troubled water system might cause "America's Comeback City" some major setbacks.
Aiming to generate growth and jobs, small- and mid-sized companies in more metro areas are making bigger bets on the global economy.
These sunshine cities have focused their efforts on developing new industry niches to strengthen their local economies and promote future growth.
Senior correspondent Scott Cohn on how the SEC is urging more regulation in the municipal bond market.
Detroit's bankruptcy, and rumblings about tax overhaul, have fueled a big sell off in the municipal bond market. What's next?
The ebbing economic tide from the Great Recession revealed some of the worst swindles in municipal finance in decades.
CNBC's Scott Cohn reports Chicago, IL, along with being the murder capital of America, also has one of the worst pension situations in the country.
Senior correspondent Scott Cohn on how pension shortfalls have dealt a blow to America's cities.
A CNBC.com analysis of large state and local municipal pension plans finds they face an array of financial burdens as workforces near retirement.
No city has as serious a pension issue as Chicago, reports CNBC's Scott Cohn. Nationwide, the municipal pension debt ranges from $800 billion-$4 trillion, he adds.
Federal and state funding cutbacks are challenging Main Street. The future of America is at stake since cities contribute more than 90 percent to GDP.
WWE spokesman Brad Klein told CNBC that the statement "We are currently monitoring the situation" still stands. The event is scheduled to take place in less than two weeks in Riyadh.
Saudi Arabia, the world's largest oil exporter, has become a source of market uncertainty just as the U.S. is about to curb Iran's oil exports.
SurveyMonkey, a maker of survey software, debuted on the public market less than a month ago. Rival Qualtrics filed its IPO prospectus on Friday and showed that it's bigger and growing faster than SurveyMonkey.
"We're sitting here with a Goldilocks economy, and nobody wants it to be damaged by the increase in interest rates," says The Conference Board's Steve Odland.
Since Donald Trump won the presidency, he has presided over one of the most tumultuous political environments in recent memory as well as the best economy the country has seen in years.
The U.K.'s banking system is prepared to handle a much worse outcome from Brexit than is likely to happen, Bank of England Governor Mark Carney says.