Paul Burton

Clay Pell, the grandson of the late U.S. Sen. Claiborne Pell, is the latest Rhode Island gubernatorial candidate in an open-seat race.

Standard & Poor's raised its general obligation rating for Springfield, Mass., to AA-minus from A, with a stable outlook.

Remarketing $700 million of variable-rate debt last year has helped New York's MTA position itself in a volatile market, finance director Patrick McCoy said.

Massachusetts will advance its timetable by four years to 2036 for fully funding its pension system, under the budget Gov. Deval Patrick's administration has proposed.

New York Mayor Bill de Blasio implored state lawmakers to approve his universal pre-kindergarten proposal through a tax on the city's wealthiest citizens.

Audits of two MTA commuter lines found they failed to properly manage overtime paid by funds from federal stimulus funds, said a state comptroller's report.

New York's Metropolitan Transportation Authority will receive $886 million from the U.S. Department of Transportation to further its post-Hurricane Sandy Repairs.

The board of Pennsylvania's pension fund system recommended hiring Obermayer Rebmann Maxwell & Hippel to examine allegations against former CIO Anthony Clark.

Pennsylvania's intercept program that enforces the payment of school district bonds is a positive for investors, Janney Capital Markets said in a report.

Jameson Doig, author of a book about the history of the Port Authority of New York and New Jersey, said the agency has never experienced a controversy as huge as the Bridgegate scandal.

Gov. Deval Patrick submitted his final budget to Massachusetts lawmakers Wednesday, proposing a $36 billion spending plan for fiscal 2015 that would increase spending nearly 5%.

The Massachusetts pension reserves investment trust fund returned 15.2% in calendar 2013, marking an investment gain of $7.9 billion, according to the Pension Reserves Investment Management board.

The New York City Transitional Finance Authority sold $946 million of future tax secured fixed-rate subordinate bonds.

Two lynchpin bond sales under the Harrisburg, Pa., recovery plan priced within the expected range when receivership officials filed the plan in August, according to a status report.

Boston is weighing a push for Massachusetts casino host community status even though voters in one neighborhood rejected one proposal.

State officials filed an application Thursday in the Commonwealth Court of Pennsylvania to vacate the receivership for capital city Harrisburg.

Rhode Island Gov. Lincoln Chafee proposed a $275 million bond referendum in November and a $12.5 million payment of 38 Studios moral obligation debt.

Providence, R.I., which two years ago faced what Mayor Angel Taveras called a "Category 5 Fiscal Hurricane," reported a $1.6 million surplus for fiscal 2013.

Metro-North estimated damage from the deadly commuter train derailment in the Bronx at more than $9 million, said a preliminary report from a federal agency.

Harrisburg would exit receivership while remaining under state oversight under a plan by Pennsylvania officials.