Connecticut

Hartford, Conn., received a one-notch downgrade from Moody’s Investors Service, to Baa1 from A3.

The University of Connecticut intends to sell $342 million of GO bonds under its UConn 2000 infrastructure improvement program, including a $42 million refunding.

Connecticut lawmakers approved a plan to close an estimated $220 million deficit for fiscal 2016, while a nearly $1 billion shortfall for the following year hovers.

Connecticut, home to the two tribal casinos that launched a gambling boom in the northeast, may become a victim of that boom as gambling behemoth MGM builds a casino just across the state line in Massachusetts.

Revised outlooks to negative from two of the four bond rating agencies represent “bittersweet” news for Connecticut, said state Treasurer Denise Nappier.

Connecticut’s bond outlook was revised to negative from stable by Moody’s Investors Service, citing budget strains from weakening demographics.

The Schaghticoke Tribal Nation filed a lawsuit against Connecticut, asserting a casino law is unconstitutional.

Issuers in the Northeast sold $102.9 billion of municipal bonds in 2015, almost 9% above the previous year's volume.

New Britain, Conn.'s bond rating has soared, thanks to a turnaround led by twentysomething Mayor Erin Stewart.

Citing declining revenues and a shaky economy, Connecticut Gov. Dannel Malloy ordered across-the-board agency budget reductions of nearly 6%.

The Connecticut Bond Commission approved $17.5 million in state funding for the design, engineering and construction of a rail yard on the Metro-North Railroad Danbury branch line in Norwalk.

The study in contrasts these days between Massachusetts and Connecticut boils down to two words: General Electric.

Massachusetts celebrates and Connecticut winces as General Electric announces plans to move its world headquarters to Boston.

Just how far Connecticut Gov. Dannel Malloy can advance his transportation agenda is uncertain, given the state's budget strains, high debt, and pension liability woes.

The Connecticut Housing Finance Authority issued more than $400 million of bonds in 2015, including a $30 million sale in December backed by strong retail demand.

Connecticut should phase in a reduction of its investment return assumption from 8% to 7% to conform “more realistically” to capital markets expectations, said state Treasurer Denise Nappier.

Connecticut Gov. Dannel Malloy announced an agreement with Amtrak to complete Hartford line commuter rail service between New Haven and Springfield.

Connecticut’s $650 million sale drew the highest amount of GO retail interest in nearly 18 months, said state Treasurer Denise Nappier.

A proposal to split up the main employee pension fund has triggered debate in Connecticut, where an unfunded liability mess contrasts with enviable per-capita income statistics.

The Connecticut Teachers' Retirement Board lowering its long-term investment return assumption to 8% from 8.5% is a credit positive for the state, said Moody's.