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IMF Cuts US Growth Forecast

The International Monetary Fund cut its forecast for U.S. growth this year, urging the Federal Reserve to lean toward modestly overshooting its inflation target in considering whether the economy can handle higher interest rates.

June 22, 2016

Freight Brokerage Company Loses Tax Case in Pennsylvania’s Highest Court

In light of a Pennsylvania Supreme Court case involving York City and a freight brokerage company, the city and local tax bureau are taking a look to make sure utility companies are paying the taxes they're supposed to.

June 22, 2016

Trump: Crumbling Infrastructure Can Be Fixed ‘Only By Me’

Presumptive Republican presidential nominee Donald Trump told supporters in New York on June 22 that he would be the only presidential candidate able to repair the country’s deteriorating infrastructure.

June 23, 2016

Massachusetts DOT Adds $500 Million to State’s Five-Year Transportation Plan

The Massachusetts Department of Transportation announced on June 20 that its board had approved the state’s updated five-year, $14.8 billion capital investment plan for transportation that included an extra $500 million.

June 21, 2016

Illinois DOT Nearing Construction Shutdown, Layoffs of Highway Workers

Illinois is on the verge of stopping all highway construction July 1 because of the ongoing budget impasse between Republican Gov. Bruce Rauner and the Democratic-controlled Legislature.

June 21, 2016

Landmark Rule Opens Skies to More Commercial Drones

The Obama administration is opening U.S. skies to more commercial drones with long-awaited regulations that the government hopes will spawn new industries for inspecting bridges, monitoring crops and taking aerial photography.

June 21, 2016

Colorado Natural Gas-Vehicle Tax Break Applauded by Industry Group

An advocacy group that wants more natural-gas vehicles on the road is praising a bill passed in Colorado, which Gov. John Hickenlooper recently signed.

June 21, 2016

US DOT’s Smart City Challenge Winner to Get Solar Equipment

The winner this month of the U.S. Department of Transportation’s Smart City Challenge will get $1.5 million worth of electric vehicle chargers and mobile solar generators, the department announced June 20.

June 20, 2016

Diesel Falls 0.5¢ to $2.426

The U.S. retail diesel average fell 0.5 cent to $2.426, the Department of Energy reported.

June 20, 2016

Capitol Agenda for the Week of June 21: Summer in the Capital City

Policymakers in the Washington, D.C., area kicked off the start of summer June 20 by checking out the conditions at the Arlington Memorial Bridge. Sen. Mark Warner (D-Va.), and Mayor Muriel Bowser were among the lawmakers who inspected the bridge’s “deterioration,” as they put it. Bowser indicated that D.C., Maryland, and Virginia have developed a solution to repair the bridge.

June 21, 2016