Paul Burton

After a session that ended past midnight, Rhode Island's House resumed debate over an $8.2 billion state budget that includes $2.5 million for 38 Studios debt.

Massachusetts legislative leaders compromised on a transportation bill that would generate $500 million through cigarette and gas tax hikes, and some turnpike toll restoration.

The New York City Housing Development Corp. will issue $462 million in multi-family housing revenue bonds after its board of directors approved the move.

Susan Kupferman, senior advisor to the chairman of New York's Metropolitan Transportation Authority, died Wednesday morning at age 54 after a long illness.

A retirement panel reviewed a pension overhaul bill as Pennsylvania lawmakers juggled the budget, transportation funding and liquor privatization.

New York City Comptroller John Liu said his office would audit contracts with Navigant after a state commission questioned the firm's dealings with LIPA.

Three new advanced manufacturing centers at community colleges across Connecticut will receive $7.3 million for facility and equipment upgrades that the state's Bond Commission approved.

Another candidate has entered the race for mayor in financially teetering Harrisburg, Pa. Air Force veteran Nate Curtis, 25, will run as an independent against Democratic nominee Eric Papenfuse, fellow independent Nevin Mindlin, and possibly city Controller Dan Miller on the Republican side.

New York City's revised $70 billion budget will include $250 million for storm resiliency and $58 million to the Housing Authority to offset federal sequester cuts.

The New York State Senate confirmed Gov. Andrew Cuomo's appointment of Thomas Prendergast to serve as chairman and chief executive of the Metropolitan Transportation Authority

Mayor Michael Bloomberg's $20 billion storm-resistance plan for New York City consumes 430 pages. The list of questions about it runs pretty long, too.

The New York City Municipal Water Finance Authority's $344 million sale of second resolution this week included $145 million of retail orders.

Rhode Island's top House Republican Brian Newberry argued in a letter to colleagues that the state should not pay back the 38 Studios bonds, despite Moody's threat of a GO downgrade.

Pennsylvania's Senate Finance Committee in a 6-5 vote on Wednesday moved a pension-change bill considerably weaker than what Gov. Tom Corbett proposed.

Two state lawmakers from Staten Island want the Metropolitan Transportation Authority to reconsider its decision to use 15,000 tons of steel fabricated in China for repairs to the Verrazano-Narrows Bridge.

Continuing financial obligations will make Pennsylvania Turnpike debt unsustainable and tolls crushing for motorists and businesses, according to the state's auditor general.

One day after Moody's threatened to downgrade Rhode Island, a House finance panel approved an $8.2 billion budget that includes $2.5 million for 38 Studios bonds.

A New Haven official acknowledged the need to plug a budget deficit after Moody's issued the Connecticut city its second downgrade in two months.

A threat of a GO downgrade from Moody's shadowed Rhode Island's debate over the payment of moral obligation debt related to the failed 38 Studios.

Moody's late Monday lowered 38 Studios bonds to Baa1 from A2 and placed Rhode Island's Aa2 general obligation rating under review for downgrade.