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.
Traders from across the U.S. are banding together to accuse J. P. Morgan Chase of manipulating precious metals markets for years.
Billionaire founder Richard Branson tempered his expectation for when his first flight to the edge of space will happen, hours after his space tourism company Virgin Galactic launched its first commercial astronauts on Thursday.
US auto sales have fallen pretty dramatically from their peak set in 2016, and rising interest rates may be in part to blame.
"I don't think it's worth providing $3 billion and setting a precedent" for other companies to pick the city's pockets, state Sen. Michael Gianaris says.
Duke University's look at where 212 CFOs stand showed that 48.6 percent think the next negative growth period is less than 12 months away.
U.S. economic growth will defy expectations again in 2019 thanks to a business investment boom and President Donald Trump's trade strategy, White House economic advisor Kevin Hassett said Wednesday.