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States could gain $8 billion to $33.9 billion in additional annual revenue if the high court rules in favor of South Dakota, while a loss would mean the status quo.

The proposed settlement may determine how much money is available for the biggest class of bondholders in Puerto Rico's municipal bankruptcy.

Munis will see more than $5 billion of new supply, with the Federal Open Market Committee set to meet next week and raise interest rates again.

Tax increases proposed by New Jersey Gov. Phil Murphy would prompt companies and residents to exit the state, a business advocacy group wrote.

Two town officials also received civil penalties totaling $35,000 and were ordered to resign and be temporarily barred from employment with Ramapo, N.Y.

The state has $500 million of extra revenue to divvy up.

S&P Global Ratings revised the state's outlook to stable from negative, and Moody’s says the budget's Medicaid expansion is credit positive for hospitals.

Voters in the greater Portland area will decide in November whether to approve a measure to provide funding for affordable housing.

Funding questions and palace intrigue accompany Andy Byford's plan to modernize New York City's buses and subways.

Members of the state Parkways Authority approved a bond resolution Thursday authorizing the sale of more than $300 million in bonds, to be funded by doubling tolls on the West Virginia Turnpike.