Pennsylvania

Standard & Poor's revised its outlook to stable from positive for Wilkes-Barre, Pa.’s GO bonds, citing weaker liquidity.

An emphatic weekend rejection of a pension-overhaul bill seen as pivotal to a budget compromise sent Pennsylvania's legislative leaders scurrying again.

As Michael Nutter's eight-year Philadelphia mayoral run winds down, his city is in far better fiscal shape than when he entered City Hall in January 2008.

Pennsylvania House Republican leaders told Gov. Tom Wolf they would push his budgetary tax package to the floor if he can show he has a majority of votes.

In the latest Pennsylvania budget-impasse domino to fall, S&P withdrew its ratings based on the commonwealth’s school district state aid intercept program.

Philadelphia Mayor-elect Jim Kenney named a Siebert Brandford Shank & Co. senior vice president, Rasheia Johnson, to be the city’s next treasurer.

Philadelphia International Airport COO Chellie Cameron has been tapped by Mayor-elect Jim Kenney to be the airport’s new CEO.

Pennsylvania’s House approved a state budget that stands in slight contrast with the Senate version as lawmakers look to end a budget stalemate in its sixth month.

Terence M. Smith, CEO of Smith’s Research & Gradings, will provide a historical perspective on Philadelphia’s deep financial roots and its relation to the bond market at the Dec. 10 Philadelphia Area Municipal Analyst Society holiday party.

The Pennsylvania Senate passed a $30.8 billion spending plan though without a tax package. Whether the House can agree to end a six-month stalemate is up in the air