Paul Burton

Rhode Island’s government has developed programs to revive its manufacturing industries with an eye toward improving the state’s economy.

Lt. Gov. Nancy Wyman's vote breaks a tie as Connecticut lawmakers pass bill that lowers the assumed rate of return on pensions and restructures payments.

New York City's agreement with its police union reduces uncertainty as amid the city's annual budget process, said S&P.

Darryl Irick is acting president of the MTA's New York City Transit unit, interim executive director Ronnie Hakim announced.

Financial advisor Hilltop Securities Inc. – formerly First Southwest – has agreed to pay $16 million to settle the lawsuit Rhode Island Commerce Corp. brought in the wake of the failed 38 Studios deal.

New York Mayor Bill de Blasio and Patrolmen's Benevolent Association president Patrick Lynch announced a tentative contract agreement.

Veronique “Ronnie” Hakim will be the interim executive director of New York’s MTA and Fernando Ferrer its interim chairman, said Gov. Andrew Cuomo.

Former Harrisburg, Pa., Mayor Steve Reed received two years of supervised probation after pleading guilty to 20 counts of receiving stolen property.

New York Mayor Bill de Blasio wants state authority to use a design-build system for infrastructure procurements, amid headwinds from opponents that include labor unions.

New York’s Metropolitan Transportation Authority board switched tracks and shielded single-fare riders from the latest round of biennial fare and toll increases.

Amid ‘deep uncertainty’ in Washington, New York Mayor Bill de Blasio released his $84.7 billion fiscal 2018 preliminary budget.

New York MTA retired $945 million of debt from its core portfolio last year through normal amortization, said deputy finance director Olga Chernat.

Connecticut's agreement with labor unions to change various pension funding assumptions has a mildly positive credit effect on the state, said S&P.

New York’s Metropolitan Transportation Authority expects to issue more environmental green bonds in 2017, a finance official told board members.

Stephen Reed, Harrisburg, Pa., mayor from 1982 to 2009, pleaded guilty to stealing city-purchased artifacts.

Massachusetts Gov. Charlie Baker's budget will include $91 million in additional Chapter 70 education funding to municipalities and $40 million extra in unrestricted local aid.

Rhode Island Gov. Gina Raimondo proposed a $9.3 billion budget that calls for two years of free tuition at public colleges for in-state students.

The New York City Council approved a bill that requires the watchdog Independent Budget Office to review city-issued economic development tax breaks.

Capital Hartford is veering out of control toward bankruptcy and needs help from a state already wobbly, said a Manhattan Institute report on Connecticut’s poorest cities.

The MTA’s tentative deal with New York transit employees provides some certainty while ignoring spiraling health-care and pension costs untouched, say muni bond observers.