Our opinion: Oversight of the state Canal Corp. has moved to the New York Power Authority. Although it runs a deficit, the canal system remains a valuable asset.
It’s a simple lesson in government economics – if you have an agency running a deficit and another racking up surpluses,
Two lawsuits aimed at preventing the start of a $1 billion mixed-use development in Glen Cove have been dismissed, paving the way for the project’s construction to begin.
A state Supreme Court judge on Thursday dismissed the lawsuits filed by a group of residents and the Village of Sea Cliff against the City of Glen Cove’s approvals of the Garvies Point project.
Fewer Americans than forecast filed applications for unemployment benefits last week, indicating the U.S. job market remains healthy.
Jobless claims fell by 4,000 to 262,000 in the week ended Aug.
Deteriorated passenger bridges at Albany airport to be replaced
By Jake Lahut
Albany International Airport will receive more than $3 million in federal funding to replace deteriorating passenger bridges that are used by 90 percent of its passengers to board aircraft.
Governor Andrew M. Cuomo today announced $13.7 million in grants to support eight critical municipal water infrastructure projects across the Southern Tier. These grants are part of the second round of NYS Water Grants funded through the state’s Water Infrastructure Improvement Act.
Grants Leverage $39.7 Million in Water Quality Investments
Governor Andrew M. Cuomo today announced $14.6 million in grants to support 12 critical municipal water infrastructure projects in Central New York. These grants are part of the second round of NYS Water Grants funded through the state’s Water Infrastructure Improvement Act.
Paul Davidson, USA TODAY 11:05 a.m. EDT August 5, 2016
The economy crushed expectations in July, generating 255,000 jobs. It was the second straight month of strong jobs gains and a lot better than the 180,000 expected.
By Tim O’Brien on July 27, 2016 at 2:51 PM
The state Department of Transportation unveiled today its draft list of road projects to get federal funding from 2017 through 2020.
Called the Statewide Transportation Improvement Program,
Editor’s note: The following is the second of two parts. Read the first part here.
Construction’s high suicide rates and the importance of prevention efforts are just beginning to reach the radar of industry leaders,
The Federal Reserve is close to hitting its targets for full employment and 2 percent inflation, the Fed’s No. 2 policymaker said on Sunday in comments that did not address when the U.S. central bank should next raise interest rates.
Anyone who has been a driver or passenger bumping along the state’s deteriorating roadways would hardly be surprised at New York’s poor ranking – 45th – in that category. Indeed, it might be difficult to find Western New Yorkers willing to agree the state should even be that high on the list.
For nearly a quarter-century, governors and mayors in New York have been stymied in their attempts to fix Pennsylvania Station, one of the busiest transit halls in the Western Hemisphere and one of the most crowded and confusing.
 Joseph Spector, Albany Bureau Chief
ALBANY – Uncollected tolls on the New York State Thruway spiked at its 58 toll plazas over the past five years — even as the superhighway slowly shifts to a cashless toll system that critics fear will lead to more lost revenue.
Economic Indicators Reuters
U.S. employment growth slowed more than expected in August after two straight months of robust gains and wage gains moderated, which could effectively rule out an interest rate increase from the Federal Reserve this month.
Compared with the earlier April version of ConstuctConnect’s put-in-place (PIP) investment outlook, grand total construction spending has been modified as follows: for 2016, from +9.0% to +5.9% (down); for 2017, from +8.5% to +6.9% (down);
Dark times for SolarCity could leave New York out in the cold
What happens if shareholders of Tesla balk at bailing out the company that Cuomo and Buffalo are counting on?
By Paul Alexander
New York government officials are gambling Buffalo’s long-hoped-for economic recovery on SolarCity,
Construction contractor groups blast rule but organized labor praises it
Federal agencies have released a final rule and a guidance document that require firms bidding on federal projects to disclose more information about their track record in complying with workplace safety,
By Jimmy Vielkind
ALBANY – Without fanfare, the state Department of Transportation has posted details of a five-year capital plan for roads and bridges, detailing hundreds of projects around the state that are slated for work in coming years.
Dive Brief:
The U.S. Occupational Safety and Health Administration has started the process for a potential — and some argue long overdue — Noise in Construction standard.
The potential standard was included on OSHA’s regulatory agenda published last month,
