Massachusetts

Three lawsuits claiming fraud in the variable-rate demand obligation market are headed toward key court rulings in coming weeks.

The estimated $1.1 billion project stands to be the biggest highway undertaking in Boston since the controversial Big Dig.

The commonwealth intends to sell $915 million of tax-exempt new money and refunding bonds and $50 million of taxable bonds.

The commonwealth's rainy-day fund exceeds $2 billion for the first time in 11 years, state Treasurer Deborah Goldberg said.

Regional demographics are a powerful factor as colleges chase enrollment.

The negotiated $31.4 million sale is part of a planned $100 million the city will sell to finance Polar Park, the planned home of the Worcester Red Sox.

The Massachusetts Housing Finance Agency priced a $79 million refunding sale of Series 2018C taxable housing bonds.

The debt issuance by Worcester, Massachusetts, to build a minor-league baseball stadium will probably not affect the city’s credit quality, according to Moody's.

With Democratic majority, Rep. Richard Neal of Massachusetts, a supporter of tax-exempt bond financing, would chair the Ways and Means committee.

The three states are in the bottom of a ranking of state fiscal conditions by the Mercatus Center at George Mason University.

The whistleblower responsible for federal investigations and lawsuits accusing banks and broker-dealers of fraud and collusion in the remarketing of variable rate demand obligations will likely be forced to go public because of a recent ruling by Massachusetts’ highest court.

The final piece of the deal to bring the Pawtucket Red Sox to Worcester is in place.

The town is moving ahead with plans to buy 23 acres for a new town center, starting with the construction of a new fire station.

Quantifying the related financial damage will take time, said the rating agency.

The Massachusetts Housing Finance Agency unveiled the website ahead of a $49 million sale of fixed- and floating-rate bonds.

The organization chose Karen Daly, Emily Brock, and Lori Schreckengost to receive the annual awards.

The commonwealth also intends to offer $765 million of GO bonds and $160 million of Clean Water Trust bonds.

Minor-league baseball's Pawtucket Red Sox rejected a Rhode Island bonding framework for more generous subsidies in Worcester.

Northeast municipal bond issuance sank 11.7% in the first half of 2018 compared to a year earlier, reflecting a national trend driven by federal tax changes.

As the nation’s most populous state with the largest economy, California could set the upper level benchmark for other large states such as Florida and New York that have not yet announced a sales tax remittance threshold.