Pennsylvania

The amended lawsuit references inside sources who allegedly confirm that the banks worked together in violation of antitrust law.

An analysis says Philadelphia is on a path toward paying down its liabilities, though the funding burden will continue to crowd out other priorities.

State Treasurer Joe Torsella is accusing 14 financial firms of collaborating to illegally inflate the prices of Fannie Mae- and Freddie Mac-issued bonds.

The Pennsylvania Turnpike Commission won a lawsuit by truckers over tolling, but still faces questions about how it will manage its $11.8 billion debt load.

Philadelphia awarded a $190 million general obligation deal to banks the city is suing, alleging collusion on variable-rate debt.

The municipal bond industry veteran, formerly of PNC and Janney, will head municipal strategy and credit at Hilltop.

The firm hired Michael Barnes in Philadelphia and Andrew Maher in Pittsburgh.

Siamac Afshar has joined HJ Sims Philadelphia office as vice president of investment banking.

State Treasurer Joe Torsella says bolstering private-sector retirement savings now will reduce pressure on social services spending later.

Moody’s Investors Service downgraded the Albert Einstein Healthcare Network in Pennsylvania to Ba1 from Baa3.

Jim Kenney says his plan will boost the city’s pension and reserve levels while avoiding any tax increases.

The governor announced a $4.5 billion, four-year infrastructure resilience initiative, for which he needs lawmakers to approve a natural gas drilling tax.

Moody's Investors Service lowered the Philadelphia-based university to Baa1.

Issuers in the Northeast sold $95.5 billion of municipal bonds in 2018, off 21.3% from 2017 with an even more pronounced fourth-quarter drop.

A large municipality with strong legal representation will draw attention, even from those skeptical of whistleblower suits alleging bank fraud in the variable-rate demand obligation market.

The city says firms conspired to artificially raise rates resulting in unjust enrichment.

As Philadelphia Mayor Jim Kenney gears up for his next budget proposal, city officials are focused on keeping healthy fund balance levels.

Even as he ties his latest tax proposal on natural gas drilling to infrastructure improvements, Democrat Tom Wolf must overcome resistance from GOP lawmakers.

Pennsylvania Gov. Tom Wolf proposed a $34.1 billion budget while calling again for a tax on natural gas drillers, with a new twist.

The Philadelphia region's services sector reading fell in January, Federal Reserve Bank of Philadelphia said on Tuesday.