Northeast

Moody's elevated the state's GOs to Aa3 from A1, citing a commitment to boosting rainy-day balances and sound governance during the pandemic.

Officials cited borrowing flexibility before a joint meeting of the transit authority's oversight board and the Massachusetts Department of Transportation.

Gov. Tom Wolf said the tax has become unreliable for funding the commonwealth's vast network.

A formula revision will boost funding for local governments most in need under the state's payment in lieu of taxes program.

The change represents a doubling of related investments, Mayor Bill de Blasio and Comptroller Scott Stringer announced.

An agreement between Gov. Ned Lamont and Connecticut tribal nations opens the door for the state to compete with its Northeast neighbors.

The suburban New York county will go to market next month armed with a positive outlook from the rating agency, its first movement on the county since 2012.

Dynamics at play in New Jersey include the pandemic, an election year, massive borrowing, significant federal aid and a major pension liability problem.

U.S. Deputy Transportation Secretary nominee and former New York City official Polly Trottenberg called it 'a project of national significance.'

Limited-size audiences are returning to live events in New York. Shutdowns from the coronavirus have hit the sports, arts and entertainment industries hard.