Paul Burton

New York City projects a $439 million surplus in fiscal 2017, according to state Comptroller Thomas DiNapoli.

Elected officials from New York called on the Federal Transit Administration to fund the $6 billion second phase of the Second Avenue subway.

Risks to New York's budget could trigger outyear gaps exceeding $3 billion in fiscal 2018 through 2020, said city Comptroller Scott Stringer.

Connecticut's pension commission OK'd a deal between Gov. Dannel Malloy and a bargaining coalition that lowered the state pension system's assumed rate of return from 8% to 6.9%.

Fiscal management will be critical for New York City amid uncertainty in Washington, Mayor Bill de Blasio's budget chief, Dean Fuleihan, told City Council members.

Gov. Andrew Cuomo’s hurry-up offense for completing New York’s Second Avenue subway triggers questions about the MTA’s priorities.

The MBTA's oversight board approved up to $277 million for 120 additional subway cars for its beleaguered Red Line in Greater Boston.

New York MTA intends to sell $1.3 billion of bonds in January including a $100 million remarketing, said finance manager Patrick McCoy.

Facing pressure from Gov. Andrew Cuomo, officials from New York’s Metropolitan Transportation Authority are targeting an opening of the long-delayed Second Avenue subway line by the end of the month.

A bill to allow online lottery gambling in Massachusetts has better odds of passing next year, said state Treasurer Deborah Goldberg.

Deficit-plagued Connecticut is being asked for $250 million to fix up Hartford’s money-losing, four-decade old downtown arena.

Fixes for aging infrastructure are essential for the Massachusetts economy, Gov. Charlie Baker told investors in Boston.

The Connecticut Housing Finance Authority received an A-minus from national environmental organization Global Green USA for its energy efficiency.

Massachusetts should protect and boost its reserves to preserve its bond ratings, state Treasurer Deborah Goldberg told lawmakers in Boston.

Amid rising yields and budget strife, Pennsylvania intends to competitively sell $613 million of general obligation bonds.

The state treasurers of Connecticut and Illinois cautiously praised Wells Fargo after the scandal-ridden bank's board of directors on Dec. 1 amended its bylaws to require and independent board chairman.

In the latest capital markets hit to Connecticut, S&P Global Ratings revised its outlook on the state to negative from stable.

Youth hostel operators are pushing New York to lift restrictions on lodging regulations, saying the city is squandering up to $500 million in annual tourism and tax revenue.

New York City intends to sell $1 billion of fixed-rate general obligation bonds the week of Dec. 5.

Connecticut and Illinois state treasurers, in partnership with shareholder activists, called for a change in Wells Fargo’s corporate bylaws to ensure an independent non-executive board chair.