Paul Burton

Rhode Island Treasurer Seth Magaziner's new investment strategy will trim the state's exposure to hedge funds by more than half.

New York MTA intends to market five subseries of floating rate securities totaling $242 million and also refund $500 million of transportation revenue bonds in October.

New York MTA has put business with Wells Fargo Securities and approval as a senior manager for bond transactions on hold pending its review of the bank’s practices, following revelations that Wells Fargo bank employees secretly created accounts without clients’ approval

A school funding case adds another layer of financial uncertainty for the beleaguered state government.

The New York City Housing Development Corp. board approved the appointment of Eric Enderlin as president.

Hartford’s four-notch downgrade by S&P to BBB was dramatic, given the markets’ longstanding awareness of the fiscal woes in Connecticut’s capital city.

New York City Comptroller Scott Stringer proposes tripling the city's earned-income tax credit contribution from 5% to 15% the federal tax credit.

New York Gov. Andrew Cuomo announced capital investments to improve two key stations on the Long Island Rail Road's 40-mile spine between Jamaica and Ronkonkoma.

Moody's revises Boston University's outlook to positive from stable while affirming the school's A1 rating.

The settlement by former baseball pitcher Curt Schilling and other 38 Studios executives with Rhode Island could push lone defendant First Southwest to the table.

Pawtucket, R.I., received a two-notch upgrade to A3 from Moody’s, which cited the 71,000-population city’s “improved and stabilized financial position.”

A city agency unanimously approved the New York Yankees’ stadium bond refunding of roughly $1 billion.

Hartford Mayor Luke Bronin timed his latest dire financial picture about his city’s government with a call for a regional approach to problem solving in Connecticut’s cities.

The New York Yankees expect to price a $1.2 billion stadium bond refunding in mid-October.

Four investment management firms received awards from New York City Comptroller Scott Stringer for diversity initiatives on behalf of city pension funds.

Municipal bonds played a key role in New York City’s rebound from the Sept. 11, 2001, terrorist attacks on the World Trade Center.

Admitting its budget imbalance problem is Connecticut's first step to reversing bond rating downgrades, said state Comptroller Kevin Lembo.

Industry professionals 15 years later share memories of the terrorist attack on New York and how it still shapes their perspectives.

Rhode Island will use $400 million under its RhodeWorks infrastructure initiative to rebuild and replace bridges at a crumbling Providence interchange.

Surety provider Arch Insurance will take over costs and oversee construction of a stalled minor-league ballpark in Hartford, Conn., Mayor Luke Bronin announced.