The fate of the Bay State’s $8 billion plan to turn the MBTA around and shore up transportation infrastructure depends somewhat on the federal government choosing not to be “foolish” or “dumb” when it comes to allocating federal highway grants, according to the governor. Healey was in Somerville on Thursday to tour the MBTA Boston
WASHINGTON (AP) — The U.S. economy grew last quarter at a healthy 3% annual pace, fueled by strong consumer spending and business investment, the government said Thursday in an upgrade of its initial assessment. The Commerce Department had previously estimated that the nation’s gross domestic product — the total output of goods and services —
A tracking system for opioid settlement dollars allocated by the West Virginia First Foundation is on its way, though it’s still unclear when it will launch, according to State Auditor J.B. McCuskey. To date, no money has been distributed by the First Foundation, which was created last year as a private nonprofit to oversee the
(Bloomberg) — China’s housing slump deepened in May and triggered new calls for the government to pump cash and credit into the economy, while industrial output — which has kept growth on track — fell short of forecasts. Most Read from Bloomberg Among a slew of data published on Monday, analysts latched onto the bad
Douglas Rissing / Getty Images/iStockphoto The U.S. government’s spending habits have reached a new record, and it’s currently more than $34.5 trillion in debt. But owing money is nothing new — it’s a part of the country’s historical narrative. The U.S. has been in debt since its inception, borrowing $75 million from domestic investors and
LINCOLN — In the waning days of the Nebraska Legislature’s 2024 session, lawmakers are grappling with dwindling time and not enough funds for pet projects they’d like to see funded. Jim Macy, director of the Nebraska Department of Environment and Energy, testifies before the Legislature’s Appropriations Committee. March 13, 2023. (Paul Hammel/Nebraska Examiner) Lawmakers have about $20