Massachusetts

Gov. Charlie Baker wants Massachusetts to provide up to $500 million over five years for life sciences.

The Massachusetts Bay Transportation Authority will conduct a study to identify commuter rail needs and improvements.

Massachusetts’ downgrade by S&P Global Ratings affects $22 billion in GO debt.

S&P Global Ratings has lowered its ratings on the Commonwealth of Massachusetts' approximately $22 billion of parity general obligation (GO) bonds outstanding to 'AA' from 'AA+' and its rating on Boston Housing Authority housing project bonds,

The pension fund for Boston-area transit workers needs roughly $1 billion over 18 years, an official said.

Sonia Toledo will head a new specialty area focusing on state, city and county general finance at Frasca & Associates. Toledo joins Frasca from Wells Fargo Securities where she worked for the past seven years.

Administrative costs for locally run Massachusetts pension systems average at least three times those of state-run systems, a report says.

Citing good management with "strong" financial policies and practices, a major agency recently reaffirmed the city's AAA bond rating, which lets Newburyport buy bonds at lower interest rates.

Municipal bonds ended stronger on Thursday as the last big deals of the week hit the muni market, led by the institutional pricings of the large Massachusetts and California offerings.

Cambridge raised $2 million through a sale of community-sourced minibonds, which the city and its underwriter say could further a trend in the municipal bond marketplace.

Massachusetts intends to hold three negotiated bond sales through June totaling nearly $1.3 billion, state Treasury officials tell investors.

Massachusetts intends to hold three negotiated bond sales through June totaling nearly $1.3 billion, state Treasury officials tell investors.

Massachusetts local, regional and agency public pension systems should transfer their assets to the state-run PRIM board, said a Pioneer Institute report.

Massachusetts Treasurer Deborah Goldberg named Sue Perez and Sarah Kim deputy treasurers.

Gov. Charlie Baker’s administration is starting a search for a permanent chief executive and general manager for the Massachusetts Bay Transportation Authority.

Municipal bond issuers in the Northeast sold $116.4 billion of debt in 2016, according to Thomson Reuters data, a 13% increase that echoed a national trend.

Boston's $4.3 billion, or 88% growth in taxable valuation for fiscal 2017 is a credit positive, said Moody's.

Massachusetts Gov. Charlie Baker's budget will include $91 million in additional Chapter 70 education funding to municipalities and $40 million extra in unrestricted local aid.

The Massachusetts Bay Transportation Authority's fiscal oversight board approved a five-year, $28 million warehouse privatization contract with Management Consulting Inc.

Folding its $1.6 billion retirement fund into the state pension system is essential to the future of the Massachusetts Bay Transportation Authority, said a Pioneer Institute report.