Pennsylvania

Downgrades of three private universities in the Northeast reflect enrollment pressures facing the higher education sector, particularly in that region.

The cash-strapped city of Chester had been hoping the water authority sale would be its route out of bankruptcy.

States and cities in the Northeast will have to balance economic challenges and federal cuts driven by the Trump administration and congressional GOP.

Both Janney and Huntington are among the top 30 underwriters in the muni market and are neck in neck.

The rating agency lowered the outlook to stable on its A-plus rating, saying Pennsylvania didn't do itself many favors in its fiscal 2026 budget season. 

The long-awaited budget closely resembles the governor's original proposal, pared down by just over $1 billion.

Pennsylvania's budget impasse has surpassed four months. Local governments and schools that rely on state funds are getting frustrated.

The Southeast Pennsylvania Transportation Authority is facing federal deadlines after a series of fires. 

The Pennsylvania healthcare system is touting plans to grow its network as it funds an expansion for its largest hospital, in York.

The Pennsylvania government is still kicking the can down the road on public transit funding. This time, it's using capital funds to plug operating gaps. 

The state government is holding back school aid while it waits for lawmakers to pass a budget. That's hurting some schools more than others. 

A injunction blocked the service cuts that would have balanced SEPTA's budget. 

Philadelphia's economy has been growing. But deep cuts Pennsylvania may impose on the regional public transportion system could have serious negative impacts.

The Southeast Pennsylvania Transportation Authority implemented drastic cuts and warned that more cuts and fare hikes are on the way without state funding.

Municipal issuers in the Northeast sold $72.25 billion of bonds in the first half of 2025, up 14.7% year-over-year, propelled by new money and GO deals.

The trustees of the University of Pennsylvania entered into a $300 million loan this month as part of a broad strategy to ensure access to liquidity.

Noble Environmental was sued by a shareholder last year in a case that is unresolved as it plans a $250 million tax-exempt debt offering.

White, who served as CEO of the financial advisory firm for over three decades before retiring at the end of 2011, passed away on Friday.

The university cut campuses in areas with declining populations; this week it plans to issue bonds to fund football stadium renovations.

State governments would either have to spend more or fewer people would be covered, or a combination of the two, under the GOP's Medicaid and SNAP cuts.