The issue of lead in drinking water has haunted American cities for decades, particularly following the infamous crisis in Flint, Michigan. It was a grievous reminder of how systemic failures can lead to public health emergencies. Many Americans were shocked and outraged when it was discovered that lead pipes were leaching toxic metals into the
Politics
The Central Florida Tourism Oversight District, formerly known as the Reedy Creek Improvement District, is undergoing significant changes following Florida’s state intervention. This shift comes amidst a backdrop of local political strife and natural disasters that could influence the district’s financial stability and operational objectives. Originally designed to support the expansive Disney theme parks, the
In a climate that increasingly grapples with the intersection of business ethics and environmental concerns, Texas finds itself at the forefront of a contentious legal battle. A lawsuit has been initiated against a 2021 law that prohibits government contracts with financial institutions deemed to be “boycotting” the fossil fuel industry. The Texas state comptroller and
In a pivotal move for Salt Lake City, the city council recently approved a ground-breaking agreement that could see the issuance of up to $900 million in bonds directed towards the renovation of the Delta Center, home to the NBA’s Utah Jazz, and the revitalization of a downtown urban district. This megadeal has ignited discussions
Amtrak’s ambitious $6 billion effort to replace the aging Baltimore-Potomac Tunnel, crucial for enhancing passenger rail connectivity in the Northeast Corridor, has recently come under scrutiny. An audit from Amtrak’s inspector general highlights severe deficiencies in planning and management that could exacerbate delays and inflate costs. Such criticisms shine a light on systemic issues within
The recent strike by longshoremen at East and Gulf Coast ports, which lasted less than three days, has brought both immediate relief and long-term implications for the affected ports. While the strike’s conclusion may alleviate some immediate credit concerns, the significant salary increases negotiated in the new agreement could have longer-lasting effects on the financial
As the political landscape prepares for the aftermath of the elections, the House Committee on Transportation and Infrastructure finds itself at a pivotal crossroads. Although historically shying away from melodrama, the committee is on the cusp of a potential power struggle that could redefine its leadership hierarchy. The impending changes could significantly impact the sector,
In a recent move that underscores its commitment to fiscal responsibility, the Municipal Securities Rulemaking Board (MSRB) has sanctioned a budget of $48.8 million for the 2025 fiscal year. This marks a modest increase of 2.9% from the previous year’s budget, being the first budget since the Securities and Exchange Commission halted its rate card
In a critical move advocating for California’s public education system, the California School Boards Association (CSBA) has filed a lawsuit against the state, taking issue with a trailer bill that alters funding mechanisms established by Proposition 98. This proposition, which has governed educational budget allocations since its passage, mandates that a specific percentage of the
In the realm of macroeconomic policy, the Federal Reserve (Fed) primarily relies on two critical indicators: inflation and unemployment. These figures serve as barometers for economic health and guide the Fed’s monetary policy decisions. However, in a recent dialogue, Fed Chair Jerome Powell introduced an additional metric that deserves attention: personal savings. His insights into