Paul Burton

Pennsylvania Treasurer Rob McCord, a Democrat, took aim at "Tom Corbett and his misguided agenda" in announcing his candidacy for governor.

New York City will enter a partnership with national purchase-order repository SmartProcure in an effort to reduce procurement costs, according to Comptroller John Liu.

The Army Corps of Engineers approved Massachusetts' preferred route for the South Coast commuter rail project, for which funding is still a challenge.

Moody's Investors Service revised the general obligation rating of Providence, R.I., to stable from negative, citing the city's structural balance and a pension overhaul agreement.

New York’s Metropolitan Transportation Authority Board increased the number and percentage of minority- and women-owned firms that will participate in MTA bond deals.

Pennsylvania lawmakers, citing Harrisburg's struggles, have rekindled an effort to ban municipalities from engaging in interest-rate swap transactions.

The Commonwealth Court of Pennsylvania on Thursday approved Harrisburg's financial recovery plan. Receiver William Lynch's team wants to price bonds related to the deal while market conditions are still favorable.

Harrisburg's outgoing mayor, Linda Thompson, implored her successor stay out of the bond market, even as Pennsylvania's capital begins to regain credibility in the capital markets.

Harrisburg, Pa., state-appointed receiver William Lynch is scheduled to present his financial recovery plan to the Commonwealth Court of Pennsylvania on Thursday.

The board of New York’s MTA approved a contract with Kawasaki Rail Car for up to $1.8 billion to design and build rail cars for LIRR and Metro-North Railroad.

Carmen Bianco's presidency of New York City Transit is now permanent, MTA Chairman Thomas Prendergast announced.

Moody's Investors Service placed the Baa1 rating of UMass Memorial Health Care on review for downgrade, affecting $299 million in rated debt outstanding.

Long Island Rail Road and local private-sector unions have reached an agreement designed to reduce labor costs on seven major construction projects by nearly 11%.

The sentencing of former UBS banker Mark Zaino, who pleaded guilty of municipal bond bid-rigging, was rescheduled to Oct. 24 in a New York federal court.

Harrisburg, Pa., receiver William Lynch and his team found politics and people more challenging than the daunting numbers when they developed a recovery plan to keep the city out of bankruptcy.

Massachusetts officials an $800 million competitive sale of revenue anticipation notes on Wednesday, down 30% from their recent annual cash-flow borrowings.

The proposed financial recovery plan for Harrisburg, Pa., lets major creditors off the hook, city Controller Dan Miller said in a letter to the City Council.

The Massachusetts Water Pollution Abatement Trust approved interest-free water infrastructure loans to Leominster, Sturbridge and North Attleborough.

Steven Heuer will start Monday as Pennsylvania’s director of the bureau of revenue capital and debt, the office of budget Secretary Charles Zogby announced.

Fee increases for uses of city-operated athletic facilities produced far less revenue than anticipated, according to the New York City Independent Budget Office.